BoE considers withdrawal of mortgage affordability test, as rates set to rise
“Letting people borrow more money looks like a risky move at a time when house prices are sky high and the outlook is uncertain," comments one analyst as the Bank of England opens a consultation on loosening mortgage lending rules.
BoE drops mortgage affordability test
"Removing the current stress testing could mitigate some of the impact of higher interest rates," suggests Savills, and is "not as reckless as it may sound".
BoE raises interest rates to a 13-year high
The Bank of England expects interest rates to climb to around 2.5% by mid-2023.
Mortgage lending set to ‘return to more stable levels of activity’ after 2021’s surge – UK Finance
"The outlook for the housing and mortgage markets over the next two years is for a return to more stable, balanced picture following the upheavals of the last two years," predicts banking trade body…
Most read
PrimeResi’s 2026 Preview: Flat prices but ‘the strongest buying opportunity since 2008 & 2009’
Survey: Our panel of luxury property industry leaders share insights & predictions for the market in the year ahead.
Latest show apartment unveiled at boutique Mayfair scheme
A.London returns to 36 & 37 Hertford Street, completing a pied-à-terre project aimed at international buyers seeking turnkey living.
£21mn lateral sold at The Bryanston
New Year boost for London's super-prime market as international buyer picks up 3,786 sq ft apartment overlooking Hyde Park.
Buyer lands £10mn ‘architectural gem’ in Highgate
6,200 sq ft super-home designed by Eldridge London sells in off-market deal.
Daggers: UHNWIs ‘want every reason to come back’ to London
UK capital is 'the best city in the world by a mile... We just need to get our shit together,' super-prime broker tells The Times.
Interview: Priya Rawal on building a super-prime community, the meaning of luxury & what global HNWIs really value
Luxury Property Forum founder Priya Rawal discusses the principals of networking, the story behind her business success, and shares sage advice for prime resi professionals.
Global brokerage reveals its biggest deals & listings of the year
Sales of a $200mn-plus estate in Germany and a $185mn beachfront trophy home in Sardinia were among the highlights for Sotheby's International Realty in 2025.
Foxtons moves into new HQ
High-profile agency relocates after 24 years to 'state‑of‑the‑art' digs just across the road in Chiswick Park.
Savills names new office heads in Oxford & Cardiff
Gemma Chandler and Jonathan Latham take over from Richard Binning and Chris Potts, respectively.
CLS to sell off major SW London development site
Deal tees up another notable resi play for acquisitive developer.
LATEST ARTICLES
Strutt & Parker bolsters country house team with high-level hire in the South West
Sarah Brown has moved from Knight Frank, becoming the latest in a run of senior appointments by the BNP Paribas-owned agency.
High-end sales surge in London amid post-Budget clarity
Latest data shows £5mn-plus exchanges jumped 29% in Q4, although prices continued to slide across the capital's top postcodes.
British Land chief Carter to step down
Property Plc behind Clarges Mayfair & Canada Water is on the hunt for a new CEO.
Mayfair townhouse with Oscar Wilde provenance brought to market at £14mn
Super-prime specimen with literary pedigree last sold in 2016.
Be seen, be sensible, be successful: An agent’s 2026 market mantra
Jon Byers on how his firm is positioning for the next phase of the prime London market.