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: Knight Frank’s resi chief Tim Hyatt on navigating a ‘complicated’ market & how the business is planning for the future
'I don't think I can ever remember being in such a confused, complicated, exciting market': PrimeResi discusses digital modernisation, industry fragmentation & market predictions with the high-profile…
New recruit brings ‘fresh perspective’ to super-prime agency in Mayfair
Talya Reuben has joined Harvey Cyzer's team at OB Private.
Rare resale for super-prime Chelsea Barracks home
Knight Frank’s Belgravia office is celebrating a big deal that closed after just one viewing.
By PrimeResi
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
Qatari Diar & Canary Wharf Group unveil final Southbank Place apartments
First Look: JV partners enter home straight at Thames-side mega-scheme, debuting new building designed by Stanton Williams & Albion Nord.
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
Savills has welcomed the arrival of 'a new breed of super-prime tenant' in the capital, while UK SIR flags a rise in high-value 'try before you buy' rentals.
By PrimeResi
What do clients really want? Six big design trends for the year ahead
How will evolving tastes & preferences shape the design landscape in 2025 and beyond?
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Historic Cotswolds ‘masterpiece’ now seeking £13.5mn
Previously asking £20mn, the Grade II* listed Edgeworth Manor near Stroud is one of the Cotswolds' finest.
The Building Safety Act & Luxury Property Development: What we’ve learned so far
It's been over a year since the Building Safety Act came into force, bringing sweeping changes for the construction sector.
Number of property millionaires jumps by more than a third in five years
One in every 42 homes in Great Britain is now worth more than £1mn, suggests Savills - rising to one in 11 in London.
By PrimeResi
Property sector bucks national trend as business start-ups rise
ONS data paint a 'sobering picture of the UK business environment,' says Cynergy Bank, but the real estate sector seems to be out-performing the national trend.
By PrimeResi
‘The pace of rental growth nationally has likely bottomed out’ – Hamptons
Renters renewing a tenancy are seeing rent bills rise much faster than those moving into a new home.
By PrimeResi