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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Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
£22mn penthouse sold in £50mn deal spree at top-end Kensington scheme
Lodha confirms launch date for next sales phase at Holland Park Gate following another run of big-ticket transactions.
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
London Square gears up to launch sales at landmark heritage conversion project
Ambitious transformation of former Surrey County Council HQ is to deliver 264 new homes, with completion set for 2027.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Influential committee calls for ‘major reform of the whole property tax system’
'The case for major reform of the whole property tax system – from Stamp Duty Land Tax to Inheritance Tax to Council Tax and VAT – is almost unarguable,' says Sir Vince Cable.
By PrimeResi
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
Luxury developer Amara Property adds Sales & Acquisitions Director
Warren Leader has joined Rutu Buddhdev's team.
By PrimeResi
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Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
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Property market remains ‘muted’ as buying activity weakens
Demand, supply, prices & buying activity all declined further in September, reports the RICS.
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Architecture firm launches ‘UK’s first’ business coaching programme for designers
Larsen's Designer Business Programme aims to 'empower architects & interior designers to build profitable, purpose-led practices'.
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Sotheby’s International Realty debuts in Abu Dhabi; closes record-breaking penthouse deal
George Azar’s expansion drive continues as luxury brand targets 'one of the world’s most exciting real estate markets'.