Bridging lending activity holds steady as interest rates dip
More home-buyers are turning to bridging loans to prevent chain-breaks, while demand from businesses for short-term property funding doubled from Q4 2023 to Q1 2024.
Bridging loan activity climbed to an all-time high in 2023
'Remarkable' growth in short-term property finance has been 'no surprise', say industry insiders.
By PrimeResi
Mortgage approvals rise as interest rates stabilise
Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.
By PrimeResi
Bridging loan activity bounces back
Short-term property lending has increased, while the traditional mortgage market has slumped in the face of rising interest rates.
By PrimeResi
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Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
LATEST ARTICLES
Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
Industry reacts as UK resi transactions show early-year slowdown
Volumes were 5% below the five-year average in January as Budget implications continued to reverberate - but analysts expect activity will recover in the coming months.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Rightmove profits rise 9% as agents spend more
Property portal reports 'strong operational & financial performance' in 2025 - but the Plc could soon fall out of the FTSE 100.
By PrimeResi