Main image: house holds lifted upside-down a banker from the pockets of the banker so many money falls allegory of asking a mortgage
Mega-mortgages hit five-year high
185 residential mortgages for £5m or more were dished out in the last 12 months across the UK, with a combined value of £1.8bn
More borrowers choose longer-term mortgages than two-year deals for the first time
48% of mortgages written in Q4 2017 were for five years or more; 40% were two-year products. 91% were fixed-rate.
By PrimeResi
Details of next year’s non-resident SDLT surcharge published
The 2% foreign buyer levy "may help to control house price inflation, by leading to a reduction in residential property purchases by non-UK residents," suggests HM Treasury.
By PrimeResi
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
By PrimeResi
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Knight Frank boosts billionaire division with Head of Global Private Capital
International property consultancy rolls out new strategy to 'align its capabilities across super-prime residential, global capital markets & capital advisory.'
By PrimeResi
Luxury property developer scales up with five senior hires & new HQ
Valouran’s founders say the business has reached a ‘pivotal juncture’ as its PCL pipeline builds.
Top-end estate agency to list property prices in Bitcoin
Cryptocurrency pricing 'offers an engaging and modern lens through which to view property values,' says Moveli.
By PrimeResi
In Pictures: Kelly Hoppen picked to design £38mn ‘quinque-plex’ penthouse at Thames City
Excel Winner's near-10,000 sq ft 'sanctuary in the sky' is one of the largest & highest homes currently available in London.
By PrimeResi
D&G recruits self-employed brokers in Dulwich, Fulham & Balham
Estate agency reports 'strong early momentum' in its search for 50 new partners this year, with new joiners moving from Winkworth & eXp UK.
By PrimeResi
International estate agency adds two senior recruits to fortify global network
Sarah Kemp & Yulia Klim have joined Chestertons Global to manage marketing & the affiliate network.
By PrimeResi
‘Extraordinary’ Cotswolds development opp offered for sale
Agency lists rare chance to create a 9,500 sq ft contemporary super-home in an Area of Outstanding Natural Beauty.
Property firms strike gold at Chelsea Flower Show
Big wins for London Square & Hamptons as sponsored gardens take top honours at star-studded showcase in SW3.
‘This could be the moment to act for global investors’: Evaluating the UK’s prime residential markets in an era of uncertainty
Middleton Advisors & Yolande Barnes explain why the stage is set for a renewed influx of overseas investment in PCL & country markets.
RBKC property prices sink to 11-year low
Analysis by the Financial Times shines a light on prime London's long-running property slump.
By PrimeResi
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Landlords face new rules under major Westminster licensing drive
Rollout aims to raise housing quality - and regulatory scrutiny - across 15 of 18 wards, including prime hotspots.
RBKC property prices sink to 11-year low
Analysis by the Financial Times shines a light on prime London's long-running property slump.
By PrimeResi
£17.25mn Little Venice villa finds a buyer
'Totally unique' residence facing the Regent's Canal is one of the area's finest, say agents.
Design studio Sims Hilditch shifts to partnership model
High-end firm says 'progressive' leadership reshuffle reflects evolving client needs & will future-proof the business.
In Pictures: Stanley Kubrick’s former Hertfordshire home listed for £6.95mn
Savills is pitching Abbots Mead as 'a wonderful opportunity to own a true piece of filmmaking history that helped shape some of the most iconic films in cinema.'
By PrimeResi