Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
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
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
By PrimeResi
Industry Reactions: Official data shows property prices ticked up in April
The latest UK HPI suggests the national average sold price increased by 0.3% from March to April, taking the annual change to +1.1%.
By PrimeResi
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‘It is often in more turbulent times that we have been able to generate growth’: Super-prime pioneer Andrew Dunn of Finchatton on building for the long term
'We have 18 live developments on the go, with an anticipated GDV of more than £300mn and, frankly, I felt just as excited to get to work this morning as I did 23 years ago'
£10mn Mayfair lateral snapped up amid ‘flurry’ of post-election sales
Overseas buyer picks up rare two-bed overlooking Grosvenor Square, as neighbouring top-end schemes renew global interest in historic destination.
Administrators confirm collapsed London estate agency staff payouts
Douglas & Gordon Ltd appointed administrators in 2023, following an acquisition, division & disposal by Foxtons.
By PrimeResi
‘One of the world’s healthiest homes’: North London mansion lists at £15.75mn following wellness-focused refurb
'Recovery sanctuary' in Hampstead has been reworked in line with the principles of Building Biology - and comes complete with hyperbaric oxygen chamber.
Super-sized mews house in Belgravia lists at £16mn
'Exceptional' residence just off Eaton Square was completely rebuilt around ten years ago.
Concord London debuts latest luxury PCL scheme
70% of the apartments at the newly-completed W1 Place in Fitzrovia sold off-plan.
Short-term lender salvages superyacht deal with super-fast £18.2mn loan
Cohort Capital received a big-ticket loan request on Friday afternoon - to secure a superyacht on a Belgrave Square apartment - and closed the deal before lunch on Monday.
By PrimeResi
Property management firm adds ‘iconic’ Chelsea block to portfolio
Rendall & Rittner appointed on well-known Art Deco development Nell Gwynn House.
Global real estate bubble risks deflate as ‘real housing prices in many cities have bottomed out’
Miami, Tokyo and Zurich are still at high risk of a housing bubble, warns UBS, while London, New York and Paris are deemed to be 'low risk'.
By PrimeResi
Chancellor rethinking non-dom tax raid – reports
Treasury 'fears some measures may fail to raise any money' if more HNWIs vote with their feet; boss of major property firm warns wider Labour language is 'halting investment and decisions' .
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Country market slows as ‘discretionary’ buyers hesitate
Offer levels during the last three months were down by over a quarter on the five-year average, reports Knight Frank; average prices are now 7.4% below their last peak in Q2 2022.
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Thomas Dainty previously worked for prime property agencies in Prime Central London and Dubai.
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