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
Interview: Luxury property impresario Dean Main on building a £600mn development pipeline & managing £12bn of PCL schemes
Talking legacy developments & top-end trends with the boss of Henigman & Rhodium.
Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
Boutique PCL agency Wilfords expands with new branch in SW London
The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.
In Pictures: Three-year project creates a ‘sophisticated’ 17,000 sq ft country estate in Surrey
Helen Green Design collaborated with the 'very best artisans, joiners and suppliers in the industry' on this sumptuous reworking.
‘Astonishing’ $95mn super-villa is one of Dubai’s biggest-ever listings
The ten-bed mansion has been designed to 'expand the possibilities of elite architecture'.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
Developers unveil new vision for Notting Hill’s Newcombe House
Beltane and Angelo Gordon are pursuing an office-led approach to the redevelopment of a prominent site on the corner of Notting Hill Gate and Kensington Church Street, rather than an already-consented…
By PrimeResi
Middleton recruits ex-Savills COO to new advisory board
Big-hitters Juliette Stacey and Christopher Eadie will be working with the prime property firm's senior team.
LATEST ARTICLES
City Slicker: Inside a new Foster + Partners-designed penthouse in east London, asking £9.9mn
Principal Tower, a new 50-storey landmark on the edge of the Square Mile, is the only resi building in London designed inside-and-out by the world-famous architecture firm.
The Register of Overseas Entities seems to be working, as UK property deals involving tax havens fall
New research suggests improved transparency in the property market means 'Londongrad' is losing its appeal to corrupt money...
By PrimeResi
Property industry football championship signs high-profile headline sponsor ahead of ‘biggest tournament yet’
London's top estate agencies will battle it out in the CPR Cup on 16th June to be crowned industry football champions.
Belvoir Group on the hunt for more business acquisitions as turnover climbs
Estate agency Plc says it 'will look to identify suitable acquisition targets to support continued growth and further enhance shareholder value.'
By PrimeResi
Boutique PCL agency marks 20 years in business
SW3-based Kaye & Carey was set up by Matthew Kaye & Adam Carey in 2003.