Five-year fixed rate mortgage costs fall as borrowing becomes cheaper around the world
“We have often thought that rates can’t go any lower, but here we are again,” says David Hall of Knight Frank Finance
A 1% interest rate rise would cost mortgage-holders £10bn
A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...
By PrimeResi
The ONS’ miscalculation of a crucial labour cost figure could lead to “one or two” extra interest rate hikes
A blunder by the Office for National Statistics (ONS) in which it miscalculated a crucial measure of labour cost inflation could lead to Bank of England policymakers signalling the need for "one or two"…
By PrimeResi
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
By PrimeResi
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Off-market Notting Hill house sells close to £35mn guide
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International buyer lands six apartments at super-prime Mayfair scheme
Buying agent Ollie Marshall says multi-unit acquisition, with a combined asking price of £55mn, is a 'huge endorsement for London'.
Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Strutts bolsters Knightsbridge & Belgravia team with double hire
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LRG snaps up Chelsea agency Farrar & Co
Estate agency group adds longstanding RBKC independent to growing stable.
Strutt & Parker refreshes brand as growth push gathers pace
140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
London house price growth set to climb to 7% a year by 2030
The capital's property market is likely to under-perform the rest of the UK in the short term - but CBRE says a 'chronic shortage of upcoming supply in London' means price growth is likely to accelerate…
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The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
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Stanhope Gate Architecture is drawing up fresh plans for the redevelopment of the Baroque-style Branch Hill House in North London.
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
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‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Spring bounce falters as new buyer numbers drop 11%
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140-year-old firm’s marketing overhaul aims to 'move the brand into a more premium space' amid ongoing hiring and broker push.
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