Lenders have now pulled half of all home-buyer mortgage products
Banks have shelved around half of their mortgage products in the least few weeks in response to the Coronavirus crisis and 0.25% interest rate.
Mortgage market could be frozen as lenders pull products
Banks & Government said to be in talks about pausing or adapting the mortgage market in light of the Coronavirus lockdown.
By PrimeResi
Italian Government suspends home mortgage payments over Coronavirus outbreak
Unprecedented move will see a moratorium on home mortgage payments and household bills across Italy; UK lenders start offering payment holidays.
By PrimeResi
Slim pickings for buyers as lenders cull mortgage products
A typical buyer with a 10% deposit currently has a limited choice of around 60 mortgage products, according to Moneyfacts - down from 779 at the start of March.
By PrimeResi
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
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Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.'
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London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
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BNP Paribas-backed agency steps up expansion across key regional markets.
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