Interest rates held at 5.25% – Bank of England
Widely-anticipated decision sees interest rates held steady again.
Property industry reactions: Bank of England hikes base rate again, to 5.25%
Featuring analysis from Chestertons, JLL, Knight Frank, Rightmove, Savills, Zoopla and more.
Industry Reactions: Bank of England raises base interest rate to 5%
'If we don't raise rates now, it could be worse later,' explains Bank of England chief, as interest rates climb to a 15-year high.
BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
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Lomond buys 60+ branch London agency KFH
'It's a big one,' says CEO Ed Phillips, as Lomond makes its first business acquisition under new backer ICG.
Savills expands Private Office in London & Dubai
Commercial real estate specialists James Purdon and Edward Price join the consultancy's elite cross-border network.
Prime Central London property prices likely to fall 4% next year, suggests Savills
Top-end residential markets are set to under-perform mainstream UK housing, says top consultancy.
Prime London buying agency reveals top deals from £120mn year
'It is 100 per cent a buyers’ market', says Black Brick boss, trumpeting the firm's biggest acquisitions of 2024.
DDRE trumpets ‘instrumental’ year as Netflix fame helps transactions top £320mn
Daniel Daggers' high-profile brokerage DDRE Global updates on a year of big growth, and says there is 'so much more to come'.
US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
Why London’s Golden Postcodes are still a safe bet for UHNW buyers in uncertain times
Fresh forecasts released this week have predicted another challenging year ahead for the PCL property market. Yet, as buying agent Toby Downes explains, the world's elite purchasers are thinking big-picture.
Lodha toasts ‘landmark’ year for super-prime Kensington scheme
Over 80% of first phase at Holland Park Gate now sold; recent flurry of high-end transactions included a £12.95mn show residence designed by Studio Lodha.
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
£16mn mansion changes hands in St John’s Wood
Standout family residence was secured by an international buyer in a fast-tracked deal.
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Deals jump by 17% in London’s super-prime lettings market
Wealthy foreign investors are keeping their options open as the UK works on a replacement for the non-dom regime.
One&Only serves up custom-build luxury homes
Buyers at a luxury resort in Mexico will be able to design their private homes from the ground up in collaboration with the five-star brand.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues impacting the real estate sector with PrimeResi's regular legal briefing, prepared by Boodle Hatfield's team of experts.
Chestertons predicts ‘gradual growth’ for property prices in 2025
Estate agency expects property values across London and the UK to rise by 3.0-3.5% next year, while the capital's rental market undergoes 'a period of adjustment'.
Prime London Property Market Snapshot: Week 49, 2024
Deal numbers are falling sharply as the year comes to a close.