HNW mortgage lenders move to remote valuations to keep super-prime markets moving
"Private banks once opposed to accepting remote and desktop valuations began tentatively changing their approach this week in a move that could stem sharp declines in prime property market activity," says Knight Frank
Super-prime developer looks to crowdfund £1.5m for a new St. George’s Hill mansion
Crowdfunding platform CapitalRise opens investment on a £1.5m bridging loan for a 14,000 square foot new-build house in Weybridge
Deutsche Bank launches HNW mortgage service for private clients
Deutsche Bank has returned to the mortgage market, offering regulated loans of £3m+ to high net worth clients to fund property acquisitions in the UK
Lenders cut bonuses from mortgage sums
Many mortgage providers are refusing to take variable bonus and commission payments into account when doing affordability calculations, or are ratcheting down the proportion they will lend against variable…
Most read
Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Super-prime brokerage to rev up PCL expansion with trophy Knightsbridge base
UK Sotheby's International Realty is taking over a former McLaren showroom at One Hyde Park, hot on the heels of another marquee branch opening in Kensington.
In Pictures: Inside an £18.5mn duplex at 60 Curzon, designed by De Rosee Sa
London & Lisbon-based studio delivers a mid-century-inspired, art-filled showstopper, as super-prime Mayfair scheme nears sellout.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
Former boss of JLL Kensington joins Moveli
'Upper market' brokerage's latest signing will cover Cheltenham, the Cotswolds & London.
Barclays Private Bank: ‘Five signs the tide may be turning for London’s prime property market’
'The outlook remains varied,' bank tells HNW clients, but 'there are clear signs that interest is picking up at the top end of the London property market.'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
D&G brings in talent chief from Chestertons for UK growth drive
James Evans' firm is looking to double its headcount of self-employed brokers to 50 by the end of this year.
LATEST ARTICLES
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
Veteran agency boss shares 11-step formula for closing a mega-deal
Glentree's Trevor Abrahmsohn says his 'tried & tested' technique has helped bring home multiple transactions ranging up to £100mn.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
Real estate branding agency expands into the US & Middle East
Noë & Associates has brought in big-hitters Christina Falzano & Sailesh Jani to drive its international growth plans.
In Pictures: Turnkey Nash townhouse in Regent’s Park pitched at £9.95mn
Grade I listed residence on Chester Terrace comes with a private cinema & roof garden.