Format: News
Summer sales spike borne out in BoE mortgage data
66,300 mortgages were approved in July, according to the Bank of England.
Inaugural August auction raises over £20m
Savills' auction team has sold over £254m-worth of property during 2020 - 35% more than during the same period in 2019.
‘Prestigious’ commission for Accouter at Dubai’s $1.4bn Royal Atlantis scheme
The London-based studio has been tasked with creating a show apartment at Kerzner International's ultra-luxe project on the Palm Jumeriah.
Ken Griffin’s latest splash takes his prime resi spending spree to nearly $1bn
American hedge fund billionaire has dropped around $950m on super-prime homes in the USA and London.
Home Counties estate agency acquires Sunninghill rival
As it marks 25 years in business, Waterfords has snapped up Berkshire-based Sapphire Estate Agents.
Newt-counting planning tweak adds up in Essex
A shift from site-by-site to district-level building licenses has proved a boon for great crested newts, as property developers facilitate the creation of more pond habitats.
Liverpool Waters’ tallest waterfront tower tops out
Build-to-rent developer Moda Living has topped out the tallest waterfront building in Peel L&P's £5bn Liverpool Waters project.
Soul legend’s Kensington mansion relisted at £9.5m
Dusty Springfield’s former home on Aubrey Walk was asking £16.5m in 2016.
‘No sign of a slowdown’ as Zoopla predicts 2-3% property price growth this year
The average "time to sell" a home has fallen by almost two weeks (31%) since lockdown restrictions were lifted, compared with the same period 12 months prior.
Chestertons claims number one agency title in H1 with 12% of Prime London deals
The 31-branch firm has reported selling more central London properties than any other agency in the first six months of 2020.
Estate agencies’ sales numbers hit a 13-year high
An average of 13 sales were agreed per estate agency branch in July, the highest figure recorded since June 2007.
How did past recessions affect UK house prices? Comparing downturns, 1960-2020
"The ‘once in a lifetime’ re-evaluation of housing requirements on the back of the lockdown will be a counterweight to the impact of the recession on housing market activity over the rest of 2020,"…