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 B…
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£11mn Mayfair townhouse snapped up in ‘ultra-fast’ deal
Former residence of Countess Raine Spencer on Farm Street sold within three days of listing, following a 'wave of enquiries from around the world'.
In Pictures: Cipriani Residences Miami’s London launch party
Mast Capital showcased its latest luxury branded residential project to Mayfair's deal-makers & glitterati last week.
By PrimeResi
Boutique agency goes big in Belgravia
Firm claims number one ranking after opening an office in the prestigious neighbourhood just ten months ago.
Rare new-build townhouse hits the market in Chelsea
Double-fronted project by boutique developer Wilben is the first new house on Gertrude Street for over 170 years.
PCL market ‘holds steady’ despite pre-Budget jitters
The number of applicants registering to buy was up by nearly 50% last month, reports JLL.
Banda moves into retail with virtual furniture & design gallery
Edo Mapelli Mozzi's new project showcases vintage interior design pieces that 'pay homage to global artisans and craftsmanship.'
By PrimeResi
Second-hand homes set new records in Mayfair
Wider uncertainty has failed to dent the historic district's appeal amongst global HNWIs, reports agency.
John D Wood & Co. recruits Savills’ Stuart-Mogg to lead Kensington sales
James Stuart-Mogg spent the last eight years with Savills.
By PrimeResi
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
By PrimeResi
Interview: Hamptons’ Craig Tonkin on positioning a heritage estate agency for success in today’s PCL property market
'Unlike a number of other agents we don’t feel threatened by the emerging ‘broker model’, indeed we see huge opportunity to evolve with it'
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