Finance
Property Industry Reactions: BoE holds interest rates at 4.75%
No Christmas surprise from the Monetary Policy Committee as inflation remains above target.
Cohort Capital bolsters leadership team
Specialist lender adds new Chief Commercial Officer, Chief Risk Officer & Consultant.
Welsh government raises Stamp Duty on additional homes
The top LTT rate on holiday homes & buy-to-let investments in Wales is now 17%.
Governors, Chancellors & Second-Guessing: Lucian Cook on how the Budget changed the prime property market
Decisions made in Number 11 Downing Street have been felt 'particularly keenly' at the top of the housing market in 2024, says Lucian Cook, Head of Residential Research at Savills, as he reflects on a…
OneDome acquires top mortgage broker Coreco
Deal with Andrew Montlake's team marks 'a transformative step in the UK mortgage landscape,' declares proptech boss Babek Ismayil.
Mortgage approvals rose again in October – BoE
'The mortgage sector is set for an extremely busy end to 2024 and an explosive start to 2025,' declares Alexander Hall chief Richard Merrett, in response to the latest Bank of England data.
Bangladeshi corruption investigations raise alarm over London property market
'This is a test for the UK government to demonstrate it can fulfil its ambition of being the anti-corruption capital of the world,' says Transparency International.
Uma Rajah on developing prime property opportunities in the Home Counties
CapitalRise boss explains why the firm has been expanding its loan book beyond the traditional PCL heartlands of Chelsea, Belgravia & Mayfair.
Sancus Lending installs new Managing Director & Commercial Director
Andrew Charnley joins the AIM-listed property lender as MD.
Rise in bridging loans signals ‘growing investor confidence’
Quarterly survey reveals a significant decline in short-term loans to save home-mover chain-breaks - suggesting a 'more stable market with fewer disruptions'.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
‘Majority of landlords undeterred’ by higher Stamp Duty, claims London agency
An extra 2% on the SDLT surcharge for additional homes is "a slightly bitter but manageable pill to swallow," says Benham and Reeves boss Marc von Grundherr.