Mortgage approvals for house purchases have dropped by nearly 11%
But remortgaging approvals have climbed by nearly the same amount as homeowners look to 'lock-in attractive deals' before rates rise
Mortgage approvals jump to highest level since 2015
2019's gross mortgage lending total was still below 2018's level, despite a flurry of approvals in December.
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.
Mortgage approvals recover to 2016 levels
Mortgage approvals for house purchase rose to 70,900, the highest since February 2016, according to official data from the Bank of England.
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‘Now is the time to double down on prime UK real estate,’ says investment firm
Family office-owned Mera Investment Management spies opportunities from non-dom exit; plans to splash £150mn of private capital on prime property in the next 18 months.
The Buying Solution boosts London & Country teams with senior hires
Top buying agency adds two new partners.
Buyer sought for ‘one of the most iconic & expansive properties in the South of France’
Previously listed at €80mn, Villa Alang Alang is going to best bids later this month, with the price tag reduced to €45mn.
Record-breaking ultra-luxe scheme in Chelsea nears sell-out
Latest big-ticket sale at Orion's The Glebe leaves just one apartment remaining.
‘Iconic’ new-builds draw big-ticket buyers to Marylebone
Agency reports 'record' high-end deal run in West End hotspot.
Katharine Pooley: Eight property & design trends to watch this winter
'The new luxury is less about square footage and more about convenience'
Notting Hill mansion vendor faces lawsuit over alleged moth ‘infestation’
Unusual case involving £32.5mn super-home centres on pre-sale enquiries & the legal definition of 'vermin'.
Ranked: The most popular London neighbourhoods for US househunters
Chelsea & Notting Hill are the top choices for those searching from the States, new data reveals.
Developer heralds ‘huge demand’ for £200mn Vauxhall scheme as resi sales enter final phase
70% of apartments at Graphite Square have sold off-plan.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
UK Budget & US Election Debrief: Ten impacts on the Prime London property market
As the dust settles on months of uncertainty, top buying agent Jo Eccles summarises the short- and long-term considerations for those leaving, remaining, or coming to the UK.
Boutique London property agency launches country house division
Harwood Advisory's new offering will focus solely on country acquisitions & specialise in the South West market.
Buyer found for ‘iconic’ estate in Northern Ireland
The 'breathtaking' Belle Isle Estate piqued interest internationally, attracting attention from the US, Asia, Europe, and the UK.
House price growth is ‘gradually gaining momentum’ – RICS
A 'brighter trend' in property market activity is likely to continue through the coming months, say surveyors.
Budget worries triggered 71% jump in property sales, claims agency
Chestertons predicts a 'busier than usual winter season' for the property market.