Lenders cut bonuses from mortgage sums
Many mortgage providers are refusing to take variable bonus and commission payments into account when doing affordability calculations, or are ratcheting down the proportion they will lend against variable pay.
Government launches green mortgage strategy to cut household emissions
The Government's new Green Finance Strategy promises reductions to homeowners mortgage rates, household bills - and emissions.
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
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...
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London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals were flowing in PCL during Q3 as top-end purchasers reacted to some political certainty.
‘Now is the time to double down on prime UK real estate,’ says investment firm
Family office-owned Mera Investment Management spies opportunities from non-dom exit; plans to splash £150mn of private capital on prime property in the next 18 months.
The Buying Solution boosts London & Country teams with senior hires
Top buying agency adds two new partners.
In Pictures: High-spec Victorian mansion in SE London sets new price record
9,000 sq ft behemoth in Blackheath fetches over £10mn in area's first super-prime deal.
Buyer sought for ‘one of the most iconic & expansive properties in the South of France’
Previously listed at €80mn, Villa Alang Alang is going to best bids later this month, with the price tag reduced to €45mn.
‘Iconic’ new-builds draw big-ticket buyers to Marylebone
Agency reports 'record' high-end deal run in West End hotspot.
Katharine Pooley: Eight property & design trends to watch this winter
'The new luxury is less about square footage and more about convenience'
Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
Ranked: The most popular London neighbourhoods for US househunters
Chelsea & Notting Hill are the top choices for those searching from the States, new data reveals.
Developer heralds ‘huge demand’ for £200mn Vauxhall scheme as resi sales enter final phase
70% of apartments at Graphite Square have sold off-plan.
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Mark Wells: AI is the future of property search, so why are the major portals holding back?
Algorithms can easily improve the process of finding the perfect home, says the boss of off-market platform Invisible Homes, so why would the big players leave an open goal like this?
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Prime London Property Market Snapshot: Week 45, 2024
Agreed sales slumped while price reductions jumped following confirmation of increased Stamp Duty rates.
England & Wales index records first house price growth in six months
Prices are currently on a 'modestly improving trajectory after oscillating around a more or less flat underling trend for much of the past two years,' reports Acadata.
Veteran agent joins Douglas & Gordon as a self-employed broker
Daren Haysom was formerly an Area Director with Foxtons.