BoE raises interest rates again, to 4%: Property industry reactions
This is the tenth consecutive increase to the base rate of interest; there are now signals that we may be approaching a peak.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
BoE raises interest rates by 0.5% to 2.25%
The UK's base rate of interest has been rising since December 2021, as the Bank of England attempts to keep a lid on inflation.
BoE nudges interest rates up to 0.25%
"The rise has been a long time coming, and with inflation now at decade high levels, there really is little alternative," comments Strutt & Parker, while Knight Frank Finance says "it’s clear that the…
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£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
Surrey mansion that ‘rivals the world’s most prestigious addresses’ pitched at £50mn
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Savills expands super-prime lettings operation; recruits new North London chief
Isabella Birch Reynardson's specialist division is expanding into high-value regional rental markets, while Stevie Walmesley has moved from DDRE to lead the team in North London.
By PrimeResi
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.
‘Game-changing’ fast-track service launches for luxury property projects
RedBook Agency says its new offering – limited to a select number of large-scale, high-value schemes each year – can cut delivery timelines by up to 30%.
Property marketing in the AI age: Savills & Rightmove ‘dominate’ chatbot search performance
How ChatGPT & its ilk are ripping-up the SEO rulebook for estate agencies & portals - and which brands are winning the Artificial Intelligence race.
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‘Incredibly rare’ unmod villa backing onto Primrose Hill seeks £10.85mn
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Grosvenor names new CEO & CFO as profits jump
UK chief James Raynor to succeed Mark Preston as property empire's CEO.
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Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Waldorf Astoria-branded scheme in Abu Dhabi sells out on launch day
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Industry Reactions: Transactions plunge following Stamp Duty hike
Official data indicate the biggest ever monthly drop in home sales.
By PrimeResi
£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
‘London may fit the definition of a Global City more than anywhere else in the world’ – Oxford Economics
Researchers have ranked 1,000 world cities across five categories, placing the UK capital in second place for the second year running.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.