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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Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
Interior designers Fiona Blanchot & Sophie Ashby of Studio Ashby: 10 things we’ve learnt over 10 years
'Good business is a cocktail of hard work, luck and being tuned into your instincts'
Top-end estate agency blurs the lines between art & luxury property
United Kingdom Sotheby's International Realty has already seen some 'successful cross-pollination' since setting up a desk in one of the world's most famous auction houses.
Knight Frank heralds ‘a new era for the countryside’ as rural division growth continues
James Farrell has overseen two years of 'unprecedented growth' for Knight Frank's rural division - which continues with another new outpost opening later this year.
By PrimeResi
In Pictures: £6.5mn price tag for Mayfair gem with interiors by Cartier maestro
Bruno Moinard-designed pad on South Audley Street is being pitched at 'bon viveurs, socialites and power players'
‘Exceptionally rare’ Kensington Court townhouse asks £18.95mn
Buyer sought for elaborate unbroken Grade II listed property near Kensington Palace
Broker platform announces second ‘brand collaboration’ in north London
Seasoned NW London agent Malcolm Ornstein joins former Parkheath director on Vita's roster.
In Pictures: Previewing Six Senses’ first-ever standalone resi development
New Renderings: Collaboration with UAE developer is delivering the world's tallest resi tower & a 'new chapter in ultra-luxury living'
Savills bolsters Primrose Hill sales team
Former model agent Gabriella Palmano has made the move from Foxtons' West End sales department.
‘Manhattan-inspired’ penthouse on Cadogan Square relaunched at £8.75mn
New price & agents for loft-style lateral on one of PCL's most prestigious garden squares.
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In Pictures: Brace of King’s Cross penthouses pitched at £7.6mn apiece
Marquee units launched at 67-acre estate's flagship resi heritage building, Gasholders London.
Green light for ‘landmark’ mixed-use South Bank scheme
Designs by Foster + Partners and Lipton Rogers for Hines promise to create 400 new homes on a long-vacant prime site on Blackfriars Road.
By PrimeResi
Q1 in Review: Prime London’s resi markets enter recovery mode
Prices picked up in the first three months of 2024 after bottoming out at the end of 2023, and activity levels are also on the rise - but caution remains the watchword.
Second home sales ‘dominating’ supply in Prime London, reports buying agency
'Significant price movement' is being achieved in certain situations, says Eccord.
Rental market ‘no longer at peak boiling point but it remains at a very hot simmer’
The pace of rental price growth is cooling fastest in London, says Rightmove, as more top-end properties see asking price cuts.
By PrimeResi