Economics
Industry Reactions: Bank of England raises base interest rate to 5%
'If we don't raise rates now, it could be worse later,' explains Bank of England chief, as interest rates climb to a 15-year high.
Currency Matters: Pound nears 14-month highs against USD as rate hike looms
David Huggett runs through the latest movements and looks at the likely impact of another tumultuous week on the money markets...
Tom Bill: Nerves & mortgage rates rise ahead of inflation data & Bank decision
Rates are increasing as financial markets price in a period of more stubborn inflation, says Knight Frank's head of resi research.
Valuation Viewpoint: The future is here
Rapidly evolving tech will have profound implications for those in professional services, says James Wyatt.
Mortgage lending tumbled by 16% in Q1
'Lenders are all doing less business than they would like to be, and have shown willingness to absorb some volatility in order to remain competitive,' says Knight Frank Finance after checking the latest…
Tom Bill: Jobs market holds clues about direction for house prices & mortgage rates
What happens to core inflation will determine how much higher the Bank of England will push rates, says Knight Frank's head of UK resi research.
Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Foxtons, JLL, HMRC, Zoopla, Savills, Knight Frank & more...
Global HNWI population & wealth sees biggest decline in over a decade
The super-rich are now prioritising wealth preservation rather than wealth creation, says CapGemini.
‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic…
Tom Bill: London rental supply stays tight as legal changes loom for landlords
The Rental Reform Bill 'may be the final straw for some landlords,' warns Knight Frank's research chief.