Main image: The Bank of England held rates at 4.5% last week and most five-year fixed-rate deals remain above 4%
BoE holds interest rates at a record low, despite anticipation of a rise
"We expect interest rates will need to rise modestly to return inflation to our 2% target," confirmed the MPC today.
BoE warns of negative interest rates to come
The Bank of England’s Monetary Policy Committee has told lenders to prepare for negative interest rates in six months' time.
BoE keeps interest rates at 0.1%
The latest from the Bank of England's Monetary Policy Committee highlights the brutal impact of the Coronavirus on the UK's economy.
Total UK housing value climbs to a record £7.56 trillion high
The total value of the UK’s housing stock has escalated to £7.56 trillion, rising by £380 million in 2020 despite the pandemic and global economic uncertainty.
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
LATEST ARTICLES
In Pictures: Inside the latest super-prime design collab at 60 Curzon
New show apartments by South African-born, London-based interior designer Christian Bense unveiled at luxury Mayfair scheme, including a lavish four-bed priced at over £25mn.
Knight Frank concludes South of France partnership
Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.
Adapt or Die: Why today’s estate agencies are failing to attract new talent
Recruitment boss Barry Collins has some hard truths for property firms stuck in the mid-2000s.
Scotland’s prime market ‘continues to defy national headwinds’
Savills notes a 'resilient' prime resi scene north of the border, although activity at the very top end is 'limited'.
Eccord boosts property management team
Catriona Mackay has joined Jo Eccles' firm following five years in the Notting Hill lettings division at Chestertons.