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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Off-market Notting Hill house sells close to £35mn guide
Luxury brokerage secures rare 9,000 sq ft lateral home for British buyer in ‘landmark’ deal.
International buyer lands six apartments at super-prime Mayfair scheme
Buying agent Ollie Marshall says multi-unit acquisition, with a combined asking price of £55mn, is a 'huge endorsement for London'.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
LRG snaps up Chelsea agency Farrar & Co
Estate agency group adds longstanding RBKC independent to growing stable.
London house price growth set to climb to 7% a year by 2030
The capital's property market is likely to under-perform the rest of the UK in the short term - but CBRE says a 'chronic shortage of upcoming supply in London' means price growth is likely to accelerate…
By PrimeResi
Luxury London homes in administration: What buyers, agents & investors need to know
With hundreds of high-end flats from Mayfair to Knightsbridge expected to hit the market following a major lender collapse, Tahmid Majeed looks at the legal realities of such sales.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
By Andrew Dunn
Bentry assembles consultants for ‘No.1 Hampstead’ apartment scheme
Stanhope Gate Architecture is drawing up fresh plans for the redevelopment of the Baroque-style Branch Hill House in North London.
By PrimeResi
South Ken penthouse stars in £45mn Allsop resi auction
Lavish top-floor residence with wraparound terrace goes under the hammer as resi and commercial auctions raise £105mn.
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Savills in LA tie-up with top-end brokerage
‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Spring bounce falters as new buyer numbers drop 11%
Initial impact of the Middle East conflict is becoming more obvious, says Knight Frank.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
Behind closed doors: When big egos derail super-prime property deals
From hedge fund titans to media moguls, seasoned buying agent Saul Empson reflects on the real cost of bad behaviour.
By Saul Empson