Mortgage approvals dip but remain high
Encouraged by the temporary Stamp Duty holiday, individuals borrowed an additional £6.2 billion secured on their homes in February - the highest net mortgage borrowing level since March 2016 (£7.2 billion, when borrowing was also boosted by changes in Stamp Duty).
Mortgage approvals climb to highest level since 2007
The latest Bank of England figures show a continued increase in mortgage lending since the Spring Coronavirus lockdown.
Country house price growth hits a six-year high
Savills, Knight Frank and Hamptons have all reported a booming country house market.
Country house price inflation hits a four-year high, ‘driven by a race for space post-lockdown’
“Despite a challenging economic outlook, people’s desire to get on with their lives after years of political uncertainty followed by lockdown has seen the property market continue to defy gravity,"…
Most read
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
By PrimeResi
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
In Pictures: Inside Finchatton’s new Georgian-inspired country estate project
Super-prime designer-developer lifts the lid on its latest creation - a 22-acre private estate in the Hampshire countryside.
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
By PrimeResi
Native Land’s 50-storey Opus tops out ahead of schedule
Developer marks construction milestone at forthcoming luxury apartment scheme on London's South Bank.
Super-prime building firm appoints trio of new directors
Phin Isles, Philippa Waldron & Charlie Ellis have all stepped up as directors at London-based CC Construction Group.
In Pictures: Rare townhouse on Pimlico’s St George’s Square seeks £10mn
Agents instructed on hefty 1843 Thomas Cubbitt-designed freehold with literary provenance.
LATEST ARTICLES
Luxury Frontier Markets: Five global HNW enclaves to watch
Knight Frank tips this set of rising real estate destinations with the potential to soar.
By Knight Frank
£53mn price tag for ‘one of Dubai’s most prestigious homes’
In Pictures: Agency debuts 38,000 sq ft art-filled mega-mansion overlooking the Dubai Hills Golf Course.
From shell to showpiece: Why ‘grey box’ sales are a win-win for buyers & developers
REDD's CEO Russell Smithers runs through the advantages of buying - and selling - luxury apartments in shell condition, with insights from a top lawyer & a PCL acquisition specialist.
In Pictures: North London ‘Baroque Palace’ seeks £17.95mn
Gilded family home has interiors 'inspired by Versailles.'
By PrimeResi
Government promises ‘blitz of new measures’ to boost housebuilding as planning applications drop
5% fewer planning applications were submitted in Q2, but 1% more were approved.
By PrimeResi