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
Most read
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
By PrimeResi
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
By Jamie Hope
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
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International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
In Pictures: ‘Truly exceptional’ St John’s Wood mansion seeks £17.75mn
9,500 sq ft residence neighbouring Lord’s is described as one of NW8's finest.
Prime London Property Market Snapshot: Week 47, 2025
LonRes has recorded a significant increase in the number of properties being withdrawn from the open sales market in recent weeks.
By PrimeResi
Brace of senior appointments for expanding property recruitment firm
Deverellsmith installs new Head of UK Client Success and National Head of Development & Construction as growth drive continues.
Pre-Budget Primer: Rumourmill round-up & prime resi industry hopes & fears
A smorgasbord of property tax changes could be on the agenda in today's big fiscal event.
By PrimeResi