Gross annual bridging lending hits £3.6bn
Gross mortgage lending reaches highest level since 2008
The Council of Mortgage Lenders estimates that gross mortgage lending reached £19.9bn in December. That's is 3% lower than November's £20.5bn, but 23% higher than December 2014's £16.2 bn.
By Prime Resi
Quick Buck: Bridging loans on the rise in Q2
Greater choice and increasingly competitive rates drove a chunky 16.9% hike in the number of borrowers taking out bridging loans in Q2, according to the Association of Short Term Lenders
By Prime Resi
Behind the Numbers: Mortgage lending is actually still 46% down on pre-crash levels
Last week's Council of Mortgage Lenders numbers (reported here) show that gross mortgage lending for the UK is, overall, on the rise.
By Prime Resi
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Luxury property agency targets global UHNWIs with new ‘billionaires’ division’
Elite arm of UK Sotheby's International Realty will offer super-rich clients access to off-market trophy homes, fine art, jewellery & classic cars.
Knight Frank names new Heads of London Prime & Super Prime Sales
PCL promotions for Stuart Bailey & Charles Olver.
By PrimeResi
Boutique Knightsbridge agency acquires longstanding Chelsea firm
NVP has added lettings & management company HLR to its stable & is on the lookout for further acquisitions.
BNP Paribas looks to sell Strutt & Parker – report
Reports suggest the French banking group 'has begun sounding out buyers' for the 130-year-old UK estate agency.
By PrimeResi
Major estate agency group reportedly hits the market
Lloyds Bank-backed Lomond Group could be valued at 'well over £100mn'.
By PrimeResi
First Look: Reuben Brothers reveals luxury apartment scheme at £1bn Piccadilly Estate project
Boutique AHMM-designed development is delivering nearly 30 new residences as part of a huge transformation underway in London's most prestigious district.
In Pictures: High-profile Belgravia mansion hits the market at £23.5mn
Storied Lyall Street residence is 'one of the finest houses in the district', say agents.
Côte d’Azur landmark emerges as £300mn luxury resi scheme
London-based developer Caudwell is transforming a famous former Art Deco hotel into 39 ultra-luxe residences.
Law firm toasts super-prime success at Chelsea Barracks
Global firm has advised on over £140mn of sales at the top-end resi project in recent months.
US super-broker reveals secrets of his success
'I just announced it on a Monday and I let everybody ask. How do I buy it?' Ryan Serhant explains how he pulled off the record-breaking launch of Mercedes Benz Places in Miami.
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First Look: Reuben Brothers reveals luxury apartment scheme at £1bn Piccadilly Estate project
Boutique AHMM-designed development is delivering nearly 30 new residences as part of a huge transformation underway in London's most prestigious district.
Ranked: The world’s 50 wealthiest cities in 2024
London has lost 10% of its high net worth population over the last ten years, pushing the UK capital down to fifth place on a list of the world's most millionaire-heavy cities.
By PrimeResi
600 new towers set to transform London’s skyline amid ‘huge changes’ for tall buildings
But 'momentum has slowed considerably' for high-rise residential development projects, says NLA.
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Rightmove reports increase in agent numbers
'We continue to expect a better year for the UK property market in 2024 than in 2023,' says property portal chief Johan Svanstrom.
By PrimeResi