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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£81mn London property portfolio frozen
UWO granted over 85 flats as Crown Prosecution Service probes source of funds.
Lending in the Shadows: What the MFS collapse means for London’s prime property market
Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn?
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
In Pictures: Inside Gunter & Co’s £9.6mn apartment at 60 Curzon
London studio joins roster of designers at the 32-home Mayfair scheme, where sales recently topped £270mn.
Opinion: Lucian Cook on what recent global & economic events mean for the housing market
Savills' research chief analyses the ramifications of rising inflation & international tensions on the UK's prime and mainstream property markets.
By Lucian Cook
‘State of the art’ Kensington townhouse with high-level heritage seeks £16.75mn
This Victorian home raised the game with one of the world's first hydraulic passenger lifts.
By PrimeResi
Where next for Europe’s branded residential sector?
Scheme numbers set to more than double by 2032 as brands ramp up expansion - but growth is being outpaced globally, new analysis shows.
FT: Meet the TikTok realtors selling £20mn mansions on their socials
The Financial Times profiles eight super-prime dealmakers using social media to build business.
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Planners back major rejig at Chelsea Barracks amid ‘significant’ market shift
Luxury townhouses switched out for apartments in next phase of super-prime Belgravia scheme, as developer cites changing demand.
Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?
Professors Hassan F. Gholipour & Mohammad Reza Farzanegan explore the rise and potential fall of one of the world's leading luxury property centres.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Lanesborough launches in-house debt & capital advisory business
Nicholas Shaw & Henry Browne have teamed up with Marc Ahearne to create Lanesborough Capital.
By PrimeResi
Huge construction loan for super-prime Beverly Hills development project
Advisors claim 'the largest non–data centre construction loan ever secured for a mixed-use project in the United States.'
By PrimeResi