Home-buyers turn to short-term finance to save sales chains
Growth in bridging loans 'seems to be fuelled by the urgent need to prevent chain breaks in property transactions,' say lenders.
Propertymark predicts ‘further price corrections but only in the short-term’ as home-buyer demand dips
Deal numbers jumped but new buyer registrations fell back in February, reports estate agency trade body.
By PrimeResi
Industry Reactions: Mortgage approvals held steady in June
The latest Bank of England data 'suggest that buyer and seller confidence remain consistent despite recent political changes,' says OnTheMarket chief Jason Tebb.
By PrimeResi
Mortgage lending drops, but remains higher than last year
Slightly fewer new mortgages were approved in May than in April, but substantially more than at the same time last year.
By PrimeResi
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
By PrimeResi
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
By PrimeResi
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
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Decision completes dual-borough backing for the transformation of central London's biggest cleared development site.
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Forecast: Prime regional markets to rebound as ‘normality resumes’ in 2026
Jackson-Stops anticipates a more settled year for top-end property markets in the coming year.
By PrimeResi
Prime London Property Market Snapshot: Week 50, 2025
Our latest LonRes data confirms prime London's weakest year since the pandemic, with little sign of a post-Budget bounce in buying activity.
By PrimeResi