Main image: Mortgage lending (seasonally-adjusted flows), via the Bank of England
Mortgage approvals dropped ‘significantly’ as rates rose last month
It's 'not yet an unambiguous sign of a housing market slowdown', insists Knight Frank.
Higher mortgage rates set to erode house price ‘paper gains’ next year – Zoopla
'Homeowners wanting to sell in 2023 will need to be realistic on price and may have to forgo some of the pandemic price gains to achieve a sale in 2023,' says Zoopla's research director, Richard Donnell.
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.
Major mortgage lenders pull products amidst market turmoil
Virgin Money, Halifax and the Skipton Building Society are amongst those to have pulled mortgage products.
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Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
By PrimeResi
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
British property mogul reportedly sells $55mn NYC townhouse
One Hyde Park co-creator is said to have sold the property after acquiring a Midtown penthouse.
Prime property listening: five industry podcasts worth tuning into
Catch up on conversations with resi insiders in PrimeResi's regular round-up, featuring episodes from Knight Frank, Russell Simpson, Strutt & Parker & more...
LATEST ARTICLES
Dexters reports double-digit growth; aims to double revenue in five years
London estate agency maintained a 21% profit margin as income jumped 11% last year.
By PrimeResi
Strutt & Parker recruits Savills’ Hampstead sales head
Heritage agency boosts new broker network with senior north London hire.
RBKC approves 100% premium on second homes
Bills to double from 2026/27 as council moves to address £100mn-plus funding gap.
Prime London transactions dwindle as supply outpaces demand
'Activity in the property market is likely to soften as the Westminster drama escalates further,' warns Knight Frank's research chief following the Green Party's by-election triumph.
By PrimeResi
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Knight Frank, Alexander Hall, Savills, Zoopla, HMRC & more...