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%
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...
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.
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...
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DDRE trumpets ‘instrumental’ year as Netflix fame helps transactions top £320mn
Daniel Daggers' high-profile brokerage DDRE Global updates on a year of big growth, and says there is 'so much more to come'.
US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
Lodha toasts ‘landmark’ year for super-prime Kensington scheme
Over 80% of first phase at Holland Park Gate now sold; recent flurry of high-end transactions included a £12.95mn show residence designed by Studio Lodha.
How rising private school fees are redrawing the country property map
Labour's move to introduce VAT is already having a knock-on effect on families' requirements and decision-making, reports buying agent Emma Seaton.
Buyer snaps up historic mews house in Marylebone Village
The Grade II listed property was being sold on behalf of the Howard de Walden Estate.
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
In Pictures: REDD launches ‘world-class’ luxury resi scheme in Mayfair
Top-end project on Charles Street broke the £5,000 psf barrier during a successful off-market sales phase.
New recruit for boutique PCL agency Park Lord
Daisy Spanbok has joined the Mayfair-based firm from Knight Frank.
EG magazine to close after 166 years
Long-running property industry title, formerly known as Estates Gazette, has been running since 1858.
Deals jump by 17% in London’s super-prime lettings market
Wealthy foreign investors are keeping their options open as the UK works on a replacement for the non-dom regime.
LATEST ARTICLES
NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
Property market sentiment has ‘softened’ in the last few months – Savills
Infography: A survey of the property consultancy's clients reveals a more downbeat outlook amongst home buyers, sellers & investors.
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Extell & Four Seasons team up for top-end alpine project
New resi & resort offering will be North America's first new luxury alpine village in more than forty years.