Mortgage approvals drop as home-movers sit tight
3.6% fewer home-mover mortgages were approved in June compared to the same month last year, according to the latest update from trade body UK Finance
Mortgage approvals jump to highest number since 2009
95,126 mortgages were approved by the main high street banks in July 2019; the highest monthly total since July 2009
The Million Pound Street Drop: The number of £1m+ addresses in the UK has fallen by 10% in the last year
There are now 15,484 streets with an average property price in excess of £1m, says Zoopla; 1,805 fewer than the 17,289 recorded at the same time last year.
Home-mover numbers pick-up for the first time in three years
The number of mortgaged movers fell in the first half of the year in the North, South East and Scotland, but these declines were offset by increases in the North West, West Midlands and Northern Ireland…
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
Savills in LA tie-up with top-end brokerage
‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
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Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Tom Bill: Middle East ceasefire to boost buyer sentiment more than mortgage market
This week’s ceasefire will support UK housing demand, but mortgage rates are unlikely to drop quickly, explains Knight Frank's resi research boss.
Prime London buyer demand ‘stays firm despite vast economic uncertainty’
Q1 saw a slight increase in the proportion of open-market £2mn+ property listings that had already secured a buyer.