Main image: The Bank of England
Interest rates are likely to stay low until 2019
And sterling's probably going to weaken even further
Interest rates to stay low for longer – BoE
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 8-1 to keep the Bank Rate at a deeply low 0.5%,
Reactions: Bank of England cuts interest rates for first time in seven years
In a universally-expected move, the Bank of England has halved the Base Rate to an historic low of just 0.25% and renewed some quantitative easing. The BoE's interest rate had been at an already low 0
Ten Years On: How have prime London property prices fared since 2007?
Sub £1m properties in PCL have seen average values soar by over 63% in the last decade, outperforming all else...
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Interior design firm recruits former JLL & Ralph Lauren marketing boss as CEO
Henry Hird will be leading the 40-strong team at Sims Hilditch as the award-winning studio embarks on its 'next phase of growth'.
Caudwell brings in celebrated interior designer for top-end Mayfair project
Developer confirms Juan Pablo Molyneux will create the residents’ communal areas for 1 Mayfair, the forthcoming RAMSA-designed scheme billed as 'London’s most exclusive address'.
Knight Frank’s van Straubenzee named ‘property adviser of the year’ at wealth industry awards
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
Size Group to acquire ‘world-class’ bespoke furniture maker
Deal sees top-end construction & maintenance firm expand its range of specialist services, and sets up a foray into the world of superyachts.
Strutt & Parker appoints new Heads of Sales in PCL
Agne Karazuite and Ed Boden have taken on new roles in Chelsea and South Kensington.
‘After all, property is a people business’: In conversation with top Savills execs Pete Bevan, Liza-Jane Kelly & Richard Gutteridge
The agency's London & PCL chiefs share their insights on achieving success in the industry, the biggest market shifts of the last 25 years, and the latest buyer & seller trends...
London’s super-rich turn to rental homes as ‘rival wealth hubs’ entice billionaire buyers
Fresh analysis by luxury estate agency Beauchamp Estates looks into the wealth and lifestyles of the global super-rich.
£60mn townhouse sale reported at Chelsea Barracks
Significant sale 'demonstrates that despite ongoing economic uncertainty London remains top of the list for the world’s global buyers,' says Knight Frank.
LATEST ARTICLES
Required Reading: National Trading Standards publishes full guidance on new Material Information rules
Providing prospective buyers or tenants with more up-front information about a property should result in shorter transaction times and fewer fall-throughs.
John D Wood appoints new regional director in London
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
Resi transactions slip, but not by much – property industry reacts
'We haven’t turned the corner yet' but minimal month-on-month fall amidst a backdrop of stubborn inflation and high mortgage rates 'is a ringing endorsement for the resilience of the property market a…
Five cities buck global super-prime slowdown
Hong Kong, Dubai, Geneva, Miami & Sydney all saw $10mn-plus sales rise over the last quarter, reports Knight Frank.
Prime Central London: Global city of the future or global city of the past?
Key takeaways from the recent Wealth Breakfast at Burlington House, where a panel of experts delved deep into the mechanics of the capital's prime property market.