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.
Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom…
By PrimeResi
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.
By PrimeResi
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
By PrimeResi
Most read
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Green light for £1.3bn West London brewery regen scheme
Squire & Partners-designed riverside development approved after a decade-long planning battle.
By PrimeResi
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
By PrimeResi
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
Tom Bill: ‘Wexit’ weighs on demand in Prime London markets
Average prices in PCL fell 1.6% in the year to April amid ongoing uncertainty around tax changes, reports Knight Frank's head of UK resi research.
By Tom Bill
Prime London Property Market Snapshot: Week 18, 2025
Supply builds as few sales agreed over the Easter holidays.
By PrimeResi
Bloomberg: London Gets a Taste of New York’s Cut-Throat Real Estate Culture
Bloomberg explores a 'talent war' in prime London, between venerable big-brand estate agencies & the new breed of American-style luxury property brokers.
By PrimeResi
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
LATEST ARTICLES
UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
By PrimeResi
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
By PrimeResi
CoStar to buy Australian property portal Domain
Proposed deal values the listings site at over US$1.9bn.
In Pictures: French Riviera ‘Bond Villa’ returns to market
Villa Roc Fleuri was formerly home to Bond actor Sean Connery.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes