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.
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.
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.
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Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
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Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Top international architecture practice unveils new look & senior line-up
PLP Architecture has named five new Partners and six new Directors for its offices in London, Singapore and Tokyo.
Clouds of Uncertainty: Frances McDonald on why the UK’s prime property market recovery is ‘taking a breather’
Savills' Research Director explores how top-end home buyers & sellers are reacting to recent global events, as a 'promising start' to the year is tempered by 'renewed caution.'
Monaco flagged as next frontier for branded residences
Sector specialist explains why the Principality is a key gap in a fast-growing global market, as latest data underlines depth of demand.
Resi sales launch at branded private island development in Belize
This is Six Senses' first over-water resort in the Americas, with prices from US$3.75mn.