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 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 m…
BoE bumps base rate up to 1.25%
Britain's central bank hikes interest rates again in a bid to curb inflation.
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.
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Former Knight Franker Hobbs relaunches land & development consultancy
Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
In Pictures: LA London’s Summer Party
Architecture & interiors practice assembled the great & good of London's design world to celebrate the season - and the company's recent rebrand.
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
Bumper summer for boutique London estate agency
Arlington Residential reports 'surge' in sales & listings across neighbourhoods from Marylebone to Hampstead.
Voluntary ‘mansion tax’ could be coming to Surrey
Local council looks to rally support for a 'bold' idea pioneered in Prime Central London.
LATEST ARTICLES
Revealed: Changing locations of new-build sales in Prime Central London
New data shows where new super-prime sales have been surging over the last decade.
Luxury property brokerage targets ‘an emerging affluent generation’ with global ad campaign
Sotheby’s International Realty's seven-figure marketing drive focuses on one-off homes, positioning agents as 'curators of the unique.'
‘Surge’ in larger homes listed for sale as Autumn Statement looms
Rightmove suggests factors driving a flurry of top-end property listings include falling mortgage rates, speculation around a Capital Gains Tax rise, and more choice for buyers.
In Pictures: Trio of show apartments unveiled at new Kensington scheme
Turnkey options served up at reworked mansion block off High Street Ken.
Carter Jonas installs director of marketing, comms & business development
Anthony White takes on newly-created senior role at national property consultancy.