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.
Mortgage approvals dipped further in August – BoE
August saw net mortgage approvals for house purchases fall to the lowest level since February.
By PrimeResi
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.
By PrimeResi
Property price cuts on the rise as higher mortgage rates ‘hit buying power by up to 20%’
The average asking price discount has climbed to 3.8%, says Zoopla, as one in six vendors accept offers at least 10% below their initial asking price.
By PrimeResi
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Budget 2025: Estate agency assesses ‘most likely’ tax changes for the property market
Hamptons' research chief runs through the tax runners & riders that could hit the residential market on 26th November.
Another senior appointment for Strutt & Parker in PCL
Andrew Chambers has followed in the recent footsteps of Claire Reynolds, moving to the BNP Paribas-owned heritage estate agency from UK Sotheby's International Realty.
By PrimeResi
Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
Thumbs-up for major new canal-side neighbourhood in RBKC
FaulknerBrowns devised the masterplan for the 19-acre former gasworks site - from where the Notting Hill Carnival sets off - for Ballymore and Sainsbury's.
By PrimeResi
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi
UAE developer announces major acquisition in East London
Arada has agreed to buy an 80% stake in the £2.5bn Foster + Partners-designed Thameside West regeneration project.
By PrimeResi
Manchester gets a taste of Nobu as De Niro joins groundbreaking ceremony
The global hospitality brand is making its UK luxury resi debut with a £360mn Salboy project set to be the tallest building outside London.
Burrows to head expanding brokerage’s New Homes division
Seasoned new-build specialist brings senior-level experience from Strutt & Parker, CBRE & John D Wood.
Knight Frank appoints new sales manager in Chiswick
New recruit Thomas Moore previously ran Foxtons' high-performing sales team in Fulham.
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Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Prime London Property Market Snapshot: Week 46, 2025
We're seeing a sharper-than-usual end-of-year drop-off in the number of homes being listed for sale.
By PrimeResi
Survey reveals ‘divided’ property market sentiment ahead of Autumn Budget
'Uncertainty is starting to weigh on buyer & seller confidence as the Autumn Budget gets closer,' concludes GetAgent after quizzing hundreds of estate agents.
By PrimeResi
Savills boosts new homes team in East of England
Ashley Gale has joined the agency's Residential Development Sales operation in Cambridge.
England & Wales market ‘in limbo’ but shift could be on the horizon – Acadata
Average values have slipped to their lowest level since early 2024, latest index suggests.