Mortgage approvals rise again as borrowing costs ease
40% more home purchase mortgages were approved in January this year than in January 2023.
Industry Reactions: Mortgage approvals rise again
'A third consecutive monthly increase in mortgage approvals demonstrates that market momentum continues to build,' comments Foxtons' boss Guy Gittins, as the latest BoE data shows a continued recovery…
By PrimeResi
Mortgage approvals rise as interest rates stabilise
Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.
By PrimeResi
Mortgage approvals dipped further in August – BoE
August saw net mortgage approvals for house purchases fall to the lowest level since February.
By PrimeResi
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Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
By PrimeResi
Super-prime North London mansion frozen in international fraud probe
Luxury Avenue Road residence, City office block and West End flats among £130mn of London property identified in crackdown on alleged global fraud operation.
By PrimeResi
Wilfords brings in new Kensington & Chelsea sales boss
Independent agency boosts team and gears up for another office launch later this year.
Former Property Vision advisor launches Home Counties buying agency
Eddie Ruggles-Brise has set up an indie agency.
By PrimeResi
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
Luxury property developers & great estates are pouring millions into public realm improvements in Mayfair - making the historic area 'central London's third-biggest regeneration zone.'
By PrimeResi
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
Prime country house market ‘gains momentum’ as prices fall
Average country house prices have fallen -5.4% in the last year, reports Knight Frank - but the agency has seen a +9% increase in the number of offers accepted.
By PrimeResi
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
No ‘Autumn bounce’ for the property market this year – Rightmove
Property portal warns there's 'not enough pent-up momentum or recent positive sentiment to spur the usual autumn bounce in property prices'.
By PrimeResi
Property market is ‘calm on the surface,’ but ‘tension beneath’ – Garrington
'Price cuts are becoming counterproductive in a landscape where the issue is not pricing, but one of confidence,' says buying agency.
By PrimeResi
Over half of Shard Place apartments let since May launch
Agents report 'exceptional momentum' at luxury BTR scheme in London Bridge.