Leading economists expect ‘decade-low’ mortgage growth into 2024
'As mortgage rates reach their highest since 2008, economic growth remains subdued and weakening housing market sentiment drives down demand,' says the EY ITEM Club in its latest forecast.
Property prices to bottom-out in 2024, predicts JLL
Property firm expects 'a gradual improvement in the economy' and highlights 'a positive outlook for the residential sector' - despite a 'significant undersupply of homes' that's set to 'worsen further'…
By PrimeResi
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
By PrimeResi
House prices to continue falling through 2024, predicts Lloyds
Average property values will be 7% lower at the end of 2024 than at the start of 2023, says major mortgage lender.
By PrimeResi
Most read
Knight Frank expands remit for van Straubenzee amid Middle East push
Private Office co-head to lead regional growth alongside global role
The Wealth Report 2026: ‘We are witnessing one of the most significant shifts in global wealth distribution in modern history’
Eight big themes, six key takeaways & a digest of super-rich numbers from Knight Frank's flagship research offering.
By PrimeResi
$550mn Monaco deal could set new global home sale record
Details surface around a transaction in the principality’s ultra-prime Mareterra enclave that would rank among the largest ever recorded.
New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
By PrimeResi
Boutique agency lines up another Beaufort Gardens double building at £19.5mn
Working with Knight Frank, Maskells picks up trophy instruction near Harrods after marshalling similar sale last year.
In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
£7mn Albert Hall Mansions duplex marketed on ‘priceless’ royal link
Three-bed duplex overlooking Hyde Park is being positioned around a claimed Queen Victoria connection.
Required Reading: The Renters’ Rights Act is (nearly) here
Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.
Lender agrees £25.5mn finance package on £42.5mn Holland Park home
Big-ticket post-development facility 'represents a highly successful outcome in the Prime Central London market,' says financier.
By PrimeResi
LATEST ARTICLES
Government said to be ‘considering rent freeze to limit Iran war fallout’
Chancellor Rachel Reeves is reported to be 'examining exceptional measures to protect household budgets' in the face of economic fallout from the Iran war, but Downing Street has denied the rumour.
By PrimeResi
Mapped: How prices & rents have shifted across London’s top neighbourhoods so far this year
Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
Nuhu-designed penthouse at Stirling’s Carlton Gardens scheme hits the market
Boutique agency lists 'showstopping' proposition just off the Mall for £13.9mn.
Home renovation activity drops to decade-low
The gap between people moving home and people extending or improving is at its widest point in recent history, says Savills.
By PrimeResi
Chestertons & Aston Chase owner buys another London agency
Campions Group confirms second business acquisition in the capital this month.
By PrimeResi