Mortgage approvals dip – but not by as much as some thought
Data mix-up at UK Finance causes dramatic but erroneous 'six-year low' headlines.
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
Mortgage approvals recover to 2016 levels
Mortgage approvals for house purchase rose to 70,900, the highest since February 2016, according to official data from the Bank of England.
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.
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OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Green light for new Finchatton apartment scheme in Knightsbridge
Super-prime developer to transform two historic townhouses just around the corner from Harrods; promises 'best product to date'.
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
Spain floats 100% property tax for non-EU buyers
Spanish Prime Minister unveils plan to tackle 'grave' housing crisis with huge tax hikes on overseas buyers.
Former UK SIR director & Knight Frank partner signs to Harding Green
Ryan Stokes spent a decade with Knight Frank before moving to UK Sotheby's International Realty.
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
In Pictures: Chelsea Waterfront’s Powerhouse reaches completion
Painstaking 15-year project has transformed a century-old SW London landmark into a striking new luxury apartment scheme.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
LATEST ARTICLES
Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
‘For those who can filter out the noise of recent weeks, it’s actually a smart time to buy’: Opportunity knocks in ‘good value’ country markets
Those able to hold their nerve could capitalise on the current mood of uncertainty & high levels of quality stock, says agency.
In Pictures: Chalegrove completes 48-storey Canary Wharf apartment tower
The Make-designed One Thames Quay - now two-thirds sold - has been kitted out with a private bowling alley, bouldering wall & 'sky gym'.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
Some new sellers ‘may have been too optimistic on their initial pricing’ – Rightmove
Property portal reports significant January jumps for both new sales listings & asking prices.