Happy Lending: Mortgages up a fifth in May
Cash Out: Mortgages on £1m+ homes double as seven figures becomes the new normal
Mortgages for homes over £1m are now at their highest level in ten years, says Hamptons International, as seven-figure properties are "no longer just for the super-wealthy".
By Prime Resi
“Strongest house purchase performance in five years” as lending rises 41%
Gross mortgage lending stuck at just over £16bn in September, according to the Council of Mortgage Lenders. Last month's £16.2bn wasn't far off August's £16.
By Prime Resi
Mortgage lending hits five-year high on the back of “overwhelmingly positive” economic news
"We do not expect the Bank of England to move quickly to raise interest rates, once the UK passes the 7% unemployment threshold," says the Council of Mortgage Lenders, as "housing activity is set to strengthen…
By Prime Resi
Most read
Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
Knight Frank boosts super-prime lettings team after bumper year
Agency adds to its SW London & Home Counties operation as top-end rental activity bucks wider market slowdown.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
By PrimeResi
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
‘Everyone is running twice as hard’: Guy Meacock on a ‘confused’ Prime London market
The context of what is normal no longer applies, says director of buying agency Prime Purchase.
By Guy Meacock
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
In Pictures: Four designers, one brief at Chelsea Waterfront
Eight designer-curated show apartments offer contrasting takes on Thames-side living at the luxury SW London scheme.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
Cadogan warns of ‘material impact’ of leasehold reforms on resi business
Chelsea landlord/developer says new legislation 'will result in a financial loss to Cadogan and will fetter our ability to manage and invest with confidence in the Estate.'
By PrimeResi
LATEST ARTICLES
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Rightmove records ‘larger than usual’ June price drop
'It’s unusual to see a price fall of this size in June,' says portal, as the property market's traditional Summer slowdown starts early.
By PrimeResi
Rental price growth ‘remains at relatively low levels’ as new rules affect landlord behaviour
The Renters' Rights Act 'may mean less frequent, but bigger jumps in rent,' says Hamptons.
By PrimeResi