Format: News
Bridging loan activity surges 68% amidst mortgage market uncertainty
Increase in short-term property lending has been driven by demand from residential homeowners.
‘This unusual age of massive rises of house prices may be nearing an end’, says top economist
Key drivers including WFH and higher interest rates will likely lead to weaker house price growth over the coming decades, according to the OBR's David Miles.
Knight Frank targets Nordic region with latest international tie-up
New long-term partnership follows recent alliance in North America.
The world’s billionaire headcount fell 5% in 2022
Knight Frank expects the global UHNW population to expand by 28.
Is Prime London’s red-hot rental market cooling off?
Supply & demand are still well out of kilter, but discounts and price reductions are increasing.
Johns&Co resi development boss launches new consultancy
David McCooke's eponymous venture - running alongside his existing role - will specialise in land acquisition and sales operations for developer clients across London.
Hefty price cut for super-prime Cadogan Square duplex
4,400 sq ft apartment, designed by Viktor Udzenija, was originally asking £28.5mn.
Property Industry Reactions: Rental Reform Bill promises ‘a once-in-a-generation overhaul of housing laws’
Wide-ranging updates to rental rules include the long-promised abolition of Section 21 'no fault' evictions.
Developer secures £7.4mn to build two new luxury homes on ‘exceptional’ Marlow site
Two significant new detached houses are to built on a 15 acre site in a Buckinghamshire Area of Outstanding Natural Beauty.
Prime resi boosts Savills as commercial sector struggles
Global capital transaction volumes are at their lowest levels in a decade, reports firm, but prime residential markets have continued to hold up.
Strike set to buy Purplebricks for £1
'Purplebricks has dramatically changed the industry by driving down the cost of estate agency,' says Sir Charles Dunstone, a major shareholder in Strike - 'and we aim to combine its significant brand recognition…
Prime London’s spring bounce falls flat as buyers ‘play a waiting game’
'Sellers are referencing prices of yesteryear, while buyers are looking to a future in which they expect prices to fall'