BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
Bank of England raises interest rates for only the second time in a decade
The Monetary Policy Committee has voted unanimously to raise interest rates from 0.5% to 0.75%
By PrimeResi
Reactions: On the BoE’s emergency interest rate cut
Industry insiders share their thoughts on the Bank of England's decision to cut the base interest rate by 0.5%, taking it back down to a mere 0.
By PrimeResi
Budget 2021: Sunak cuts Business Rates, but major house-builders face 4% cladding tax
Chancellor Sunak has promised to cut taxes, not raise them in the coming years. But the country's biggest house-builders will have profits taxed 4% to help pay for the cladding scandal.
By PrimeResi
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£100mn backing for new Central London property investment & development venture
SevenCitiesLdn has been set up by two former Thackeray Group directors, targeting 'value-add real estate opportunities.'
By PrimeResi
Agency sells £50mn of luxury Hampstead homes in bumper Q1
Knight Frank's local prime sales team tucked away some 'landmark' properties in the first quarter.
Almacantar reports ‘landmark’ sale at The Bryanston
Buyers have splashed almost £55mn on apartments at the developer's super-prime West End projects in recent months.
In Pictures: Grand Nine Elms duplex apartment seeks £32mn
HBA Residential has designed interiors for an extraordinary ground-level super-prime home in Excel Winner's Thames City development.
By PrimeResi
Savills & Knight Frank alumni acquire Jackson-Stops Exeter
Seasoned agents SJ Bingham-Chick & Tom Bedford have bought the business from longstanding director Richard Addington.
Behind the Schemes: On site at a £12mn mansion project in Queen’s Park
A traditional top-end postcode is not the be-all and end-all these days, says team delivering new 10,000 sq ft super-home in NW6.
Interview: Elliot Jones of ADVSR on driving real estate’s digital transformation
'Our rapid adoption, driven entirely by word of mouth, proves the industry was ready for this' - Proptech boss reveals major ambitions for global platform connecting advisors & developers.
D&G ‘on a mission’ to recruit 50 new self-employed brokers this year
James Evans' estate agency is looking for 'entrepreneurial individuals keen to bring Selling Sunset or Love It or List It vibes to their local neighbourhoods.'
By PrimeResi
New members’ club launches for luxury design industry leaders
'Unlocking peak performance' was the subject of the first outing for The Vanguard Collective.
CBRE’s long-standing UK chief to step down
The search is on for Ciaran Bird's successor at the Fortune 500 company.
By PrimeResi
LATEST ARTICLES
Kent housebuilder expands team as pipeline grows
Former Berkeley Group director Sean Ellis is leading a significant expansion drive at Fernham Homes.
By PrimeResi
In Pictures: Newly built ‘masterpiece’ mansion in Montenegro seeks €8mn
Becky Fatemi of Sotheby's International Realty pitches a 'Venetian-inspired masterpiece', developed by a British father & son in 'Europe’s best-kept secret'.
By PrimeResi
Knight Frank creates new UK board
Property agency assembles top-level team to drive long-term growth & strengthen operations.
Grade I listed Kent mansion hits the market at £23.5mn
The sale of Holwood House represents the 'first real test of the spring market', say agents.
Big-brand luxury property agency rolls into the Cotswolds
The region's property market makes for 'fertile ground' as the wealth corridor expands, says United Kingdom Sotheby’s International Realty.