BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
Written by
Prime Resi Pundits
Henry & James, Knight Frank, Black Brick, Humberts, Kay & Co et al at
& more
PrimeResi is the Journal of Luxury Property. The leading news, opinion & insight resource for the UK's prime residential property industry.
Budget 2020: Property industry reactions to the non-resident Stamp Duty surcharge & more
It was not unexpected, but the new 2% Stamp Duty surcharge for overseas buyers is not particularly welcome either, say most of our prime residential property industry insiders...
By PrimeResi
BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak
By PrimeResi
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...
By PrimeResi
Most read
Sale agreed on Spink-designed super-home in Kensington
11,000 sq ft contemporary mansion was guided at £27.5mn and attracted competitive interest.
Watch: Abbey Clancy interviews real estate mogul Becky Fatemi
Sotheby’s International Realty Executive Partner Becky Fatemi reveals 'raw realities' of climbing to the top as a woman in business in candid podcast episode.
Super-prime sale completes on Mayfair’s South Street
5,000 sq ft townhouse, guided at £14.95mn, attracted interest from a number of buyers.
The Standard: The inside story of Highgate’s unsold £32mn mega-mansion
Lee Koffman, Trevor Abrahmsohn and Jo Eccles have spoken with The Standard about high-profile but sticky super-prime listing in North London.
By PrimeResi
‘Australia’s most iconic residence’ tipped to set new price record
Sydney super-home 'ranks amongst the best in the world'
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
Hamptons & Chestertons alumnus signs to Harding Green
Cezary Pyda has followed the footsteps of several former colleagues to the self-employed prime property brokerage.
By PrimeResi
Trio of big-ticket sales tucked away in Little Venice
Flurry of deals go through on Blomfield Road, Park Place Villas & Randolph Road at a combined £32mn, as 'serene' enclave proves popular with wealthy househunters.
Ranked: Countries & cities by billionaire population in 2024
Huron's latest Rich List points to a decline in China's wealth, with New York and London emerging as the world's top billionaire cities.
By PrimeResi
In Conversation: Karen Howes & Jane Landino of Taylor Howes on game-changing projects & longevity of design
PrimeResi meets the CEO & creative head of the acclaimed interiors studio that's worked on over three billion pounds worth of prime and super-prime London real estate.
LATEST ARTICLES
Luxury property agency targets global UHNWIs with new ‘billionaires’ division’
Elite arm of UK Sotheby's International Realty will offer super-rich clients access to off-market trophy homes, fine art, jewellery & classic cars.
Savills upgrades UK house price forecasts, anticipating 2.5% growth this year
Lucian Cook's team now expects property values to rise in every region in 2024, with locations furthest from London holding the greatest 'capacity for growth' over the next five years.
By PrimeResi
Prime London sees ‘lacklustre’ spring property market bounce
'The outlook isn’t exactly gloomy, but neither does the warmer weather signal lift-off for the market,' says Knight Frank's Tom Bill.
By Tom Bill
Major estate agency group reportedly hits the market
Lloyds Bank-backed Lomond Group could be valued at 'well over £100mn'.
By PrimeResi
Trophy 1827 townhouse on Fitzroy Square lists at £11.5mn
Grade II* listed Georgian gem is where Ian McEwan wrote one of his best-known novels.