BoE records four-fold increase in mortgage approvals
...but June's total of 40,000 was still 46% below February’s pre-Covid level of 73,700.
Mortgage approvals recover to 2016 levels
Mortgage approvals for house purchase rose to 70,900, the highest since February 2016, according to official data from the Bank of England.
By PrimeResi
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
By PrimeResi
Mortgage lending ‘defies seasonal trends’ to rise in December
2018's total gross mortgage lending was nearly 4% higher than the previous year
By PrimeResi
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DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Native Land launches sales at landmark South Bank scheme
New Pictures: The 50-storey, 249-unit Opus will become Prime Central London's tallest residential tower, and neighbour a forthcoming five-star Mandarin Oriental hotel.
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
By PrimeResi
Green light for two more Gehry-designed buildings at Battersea Power Station
New residential buildings will complete Electric Boulevard, and create 306 new homes including specialist 'senior living' apartments.
By PrimeResi
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
By PrimeResi
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
By PrimeResi
Prime global cities index: Price growth holds steady as outlook becomes more uncertain
Asia-Pacific & the Middle East continue to lead the recovery, reports Knight Frank, but it's a mixed picture across Europe's key luxury markets.
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
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Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
Alexander Lewis: Operation Dynamo & the housing crisis
Large planning permissions and funding commitments won’t deliver the houses we need today. We need the 'small boats', explains top resi development expert.
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.
Post Wanted: Mapping Britain’s premium postcodes
Savills has ranked the 30 postcode districts with the highest property price premiums compared their surrounding area.
By PrimeResi
‘Subdued spring market’ as buyer demand & sales activity dwindle – RICS
Survey of surveyors reveals 'further signs of strain' for the housing market in April, as Stamp Duty bills jumped.
By PrimeResi