Interest rates rise again, to 4.25%: Industry reactions
The Bank of England's Monetary Policy Committee has raised the base rate for the 11th month in a row.
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
By PrimeResi
A 1% interest rate rise would cost mortgage-holders £10bn
A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...
By PrimeResi
The New Prime: Charting the rise of ‘equity-have’ Vs ‘equity-have-not’ property markets in the UK
Significant proportions of the UK housing market now have little or no reliance on borrowing, says Yolande Barnes
By PrimeResi
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Former Knight Franker Hobbs relaunches land & development consultancy
Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
By PrimeResi
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
By PrimeResi
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Voluntary ‘mansion tax’ could be coming to Surrey
Local council looks to rally support for a 'bold' idea pioneered in Prime Central London.
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
By PrimeResi
In Pictures: LA London’s Summer Party
Architecture & interiors practice assembled the great & good of London's design world to celebrate the season - and the company's recent rebrand.
Impact of UK’s non-dom tax reforms ‘highly uncertain’
New analysis envisages population of super-rich non-doms plummeting by a third in most severe case, potentially losing the Treasury up to £900mn a year.
LATEST ARTICLES
Revealed: Changing locations of new-build sales in Prime Central London
New data shows where new super-prime sales have been surging over the last decade.
Luxury property brokerage targets ‘an emerging affluent generation’ with global ad campaign
Sotheby’s International Realty's seven-figure marketing drive focuses on one-off homes, positioning agents as 'curators of the unique.'
By PrimeResi
‘Surge’ in larger homes listed for sale as Autumn Statement looms
Rightmove suggests factors driving a flurry of top-end property listings include falling mortgage rates, speculation around a Capital Gains Tax rise, and more choice for buyers.
By PrimeResi
In Pictures: Trio of show apartments unveiled at new Kensington scheme
Turnkey options served up at reworked mansion block off High Street Ken.
Carter Jonas installs director of marketing, comms & business development
Anthony White takes on newly-created senior role at national property consultancy.