Bridging lending climbs to another record high
Short-term property finance is becoming more prevalent.
What to read next
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Buy-to-let incorporations jump to a record high
New BTL companies were the second most common type of business registered in the UK last year, according to analysis by Hamptons.
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.
Most read
Budget 2026: The prime resi industry’s hopes, fears & expectations
Special Feature: PrimeResi surveyed leading estate agents, buying agents, developers & advisors to gauge the luxury property sector's feelings & forecasts about this week's big fiscal event.
UK Sotheby’s lays claim to 88% of PCL’s £15mn-plus market
Luxury brokerage reports Q3 sales stats - including some eye-catching claims about its dominance at the top of the market.
Social Circuit: Marcus Cooper Group & Valouran launch boutique St John’s Wood scheme
In Pictures: Property crowd gathers to toast the conversion of a landmark former chapel into five luxury apartments.
New figures reveal £541mn Stamp Duty slump after Reeves Budget
Knight Frank has been crunching the numbers ahead of John Healey's big speech, revealing a sizeable drop in high-end sales and the Treasury's tax take.
Savills brings in Aston Chase veteran Rosenblatt
Firm bolsters St John's Wood team with one of NW London's best-known operators.
Shackleton’s Kensington base lists at £20mn after owner’s ‘extraordinary journey’
Vendor navigated RBKC’s notoriously tough planning system to turn the explorer’s former family home into an art-filled ‘masterpiece’.
Sotheby’s International Realty names new global boss
US brokerage veteran Mark McLaughlin takes the reins as Philip White moves into Executive Chairman role.
The casualties of indecision: Louisa Brodie on when an asking price isn’t really an asking price
Banda's Head of Private Clients shares her take on 'an increasingly frustrating aspect' of the prime & super-prime rental market.
Government confirms 100% ‘mansion tax’ premium for empty homes
Latest Measures & Industry Reactions: More details of the incoming High Value Council Tax Surcharge bills have been revealed, with first bills due to arrive in March 2028.
Agency reports ‘renewed momentum’ in Prime Central London’s £4mn+ market
High-value transactions are up 62% as the firm continues to make heavyweight hires and expand its new broker division.
LATEST ARTICLES
OBR downgrades house price, transaction & construction forecasts
Fiscal watchdog expects 4% fewer property sales over the next five years than were predicted in March.
Sale agreed on final Knightsbridge Gate apartment
The last of the PCL scheme’s 15 residences has found a buyer, rounding off a sales campaign that saw guide prices hit £25mn.
Super-prime St John’s Wood project goes for above guide
'Buyers will move decisively for exceptional homes in the best locations,' says agency after sealing £10.1mn deal.
My Property Career: Quickfire Q&A with Knight Frank’s James Cleland
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
RBKC claims national first with planning shake-up workaround
PCL borough rolls out new forum ahead of national reforms, giving councillors a say on applications set to be decided by officers.