Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
Bridging loan activity surges 68% amidst mortgage market uncertainty
Increase in short-term property lending has been driven by demand from residential homeowners.
By PrimeResi
Mortgage approvals saw ‘significant’ jump in March
The latest Bank of England mortgage statistics illustrate the property market's 'convincing rebound', says Knight Frank, while Savills suggests the March data 'reflects an increasingly stable and competitive…
By PrimeResi
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.
By PrimeResi
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Savills recruits Knight Frank’s Gigi to head Hampstead sales
Agency confirms 'major' resi appointment in north London.
Candy Capital teams up with Abu Dhabi property developer to ‘redefine luxury living on a global scale’
British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
By PrimeResi
Alex Michelin: Why London’s super-prime buyers are no longer driven by location
The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
In Pictures: Joyce Wang Studio designs £17.25mn apartment at The Whiteley
International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the ÂŁ1.2bn west London scheme.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
By PrimeResi
Luxury Centre Point scheme ‘over 90% sold’ following flurry of deals
Almacantar on home straight at landmark West End project as buyers splash out ÂŁ45mn on new apartments.
In Pictures: High-spec Wimbledon Village mansion seeks £15.5mn
Super-prime listing on prestigious Parkside comes with 'best in class' amenities including a pool, sauna, ice pool & private cinema.
Weekly Showcase: Ten featured prime resi listings
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LATEST ARTICLES
Buyer sought for ‘exceptionally rare’ development opp overlooking Hampstead Heath
1.21 acre swathe is on one of the most prestigious roads in Highgate.
20,000 sq ft mansion with ‘some of the best views in the South of England’ seeks £14mn
In Pictures: Nine-bed super-home in 45 acres hits the market in Kent.
‘A clear picture of a buyers’ market’ as listings rise
Q3 data suggest 'a significant gap between supply & demand', says Landmark Information Group.
By PrimeResi
Seasoned PCL agent joins self-employed broker platform
Josh Moutray-Read previously worked for Jackson-Stops and Marsh & Parsons in central London.
By PrimeResi
Former Goldman Sachs exec launches North London buying agency
Sandra Luehrmann’s Properly Home has already secured a number of multi-million pound houses for clients.
By PrimeResi