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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Albion Nord appoints two new Creative Directors
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Griskin brothers team up to advise HNW buyers
Indie buying agency specialises in international & Russian-speaking private clients.
By PrimeResi
LATEST ARTICLES
Waddell returns to Knight Frank to launch resi investment desk
Agency rolls out new service line offering centralised 'support hub' for domestic and private international investors.
Harwood Advisory recruits Knight Frank’s Collier
PCL specialist Marc Collier has joined Sami Robertson's boutique property firm.
Sales launch at boutique Marylebone resi scheme
The developer is preparing to roll out further projects in Notting Hill and Mayfair in 2026 and 2027.
‘The market has exhaled’: UK prime country sales rally as certainty returns
After a testing year, high-end deals beyond the capital were up 5% in the final quarter, while price declines narrowed.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Knight frank, Zoopla, Enness Global, RICS, Rightmove, Zoopla & more...