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%
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.
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.
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DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Green light for £1.3bn West London brewery regen scheme
Squire & Partners-designed riverside development approved after a decade-long planning battle.
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
Tom Bill: ‘Wexit’ weighs on demand in Prime London markets
Average prices in PCL fell 1.6% in the year to April amid ongoing uncertainty around tax changes, reports Knight Frank's head of UK resi research.
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
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Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
In Pictures: French Riviera ‘Bond Villa’ returns to market
Villa Roc Fleuri was formerly home to Bond actor Sean Connery.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Property Industry Reactions: BoE cuts interest rates to 4.25%
Housing market leaders have welcomed the latest news from the Bank of England's Monetary Policy Committee.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.