More borrowers choose longer-term mortgages than two-year deals for the first time
48% of mortgages written in Q4 2017 were for five years or more; 40% were two-year products. 91% were fixed-rate.
Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.
By PrimeResi
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%
By PrimeResi
Beneficial Ownership Register to be enforced with five-year jail sentences & unlimited fines
Draft legislation to bring in 'the world’s first public register of overseas entities’ beneficial ownership' has gone before Parliament, promising real teeth in the battle against 'dirty money' in UK …
By PrimeResi
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CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Ranked: Britain’s most expensive streets in 2024
Rightmove's data shows a marked increase in buying interest in London's top-tier postcodes compared to last year, as the portal highlights addresses with the highest asking prices for sale and rent across…
By PrimeResi
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
By PrimeResi
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
By PrimeResi
Sales launch at Fifth Avenue’s tallest resi tower
1,000-foot Beaux-Arts-inspired building has been designed by Kohn Pedersen Fox.
Agency lists Westminster townhouse at £11mn after virtual valuation
Super-prime property near Buckingham Palace is 'one of the most expensive houses ever to reach the market without a physical valuation'
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Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
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Rental growth stabilises in ‘subdued’ Prime London lettings market
Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.
Savills auction boosted by hat-trick of Chelsea sales
Agency's latest live-streamed event raised £62mn amid strong demand for high-value lots.