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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More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
By Tom Bill
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
Residence One says its Allen House project has 'consistently outperformed other schemes'
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
NYC lines up ‘pied-à-terre tax’ on $5mn+ second homes
State-first measure targeting ultra-wealthy and global elite announced by Mayor Mamdani.
Prime London sales market still struggling as uncertainty reigns
LonRes reports another poor month in the capital's high-end property market, with deal volumes and prices both down - but rising under offer numbers suggest there's demand out there.
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