Mortgage approvals rise for the first time since August
But approvals are still running a third below their pre-pandemic average.
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.
By PrimeResi
Mortgage approvals jump to highest number since 2009
95,126 mortgages were approved by the main high street banks in July 2019; the highest monthly total since July 2009
By PrimeResi
‘Significant’ rise in down-valuations, say mortgage advisors & agents
'Surveyors are prophesying a crash' warns Emoov boss, picking up on a trend for down-valuations noted by Coutts back in April
By PrimeResi
Most read
Tim Hyatt: ‘Now is a great time to be an independent, debt-free property consultancy with no external shareholders to answer to’
Knight Frank’s head of resi updates PrimeResi on the firm's progress against its three-year plan, and the key focuses for the next 12 months...
By Tim Hyatt
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
Talking Heads: What would a Labour-led government mean for the prime property market?
The spectre of Corbyn may be laid to rest, but the threat of a mansion tax continues to haunt the streets of PCL as election chatter intensifies
Chelsea agent joins Harding Green
Former D&G agent Melody Yousefi is the latest PCL specialist to sign up as a self-employed broker.
Rich List 2023: Britain’s 50 wealthiest property tycoons
How did the UK’s biggest real estate players fare amid the ups and downs of the last 12 months?
Jess Simpson: Super-prime country & estates market still going strong
'The best houses will sell under the radar and probably in competition, but with two buyers rather than five': A top buying agent's view of what's happening beyond London.
By Jess Simpson
Savills former country house head launches boutique estate agency for ‘best in class’ homes
Veteran Savills alumnus Lindsay Cuthill has launched a new estate agency, representing 'only the most beautiful, historic country and London properties'.
By PrimeResi
Mandarin Oriental confirms new standalone resi project
30 fully-serviced top-end residences are coming to Madrid in early 2025.
LATEST ARTICLES
House prices have fallen 1.3% in the last six months, but activity is rising – Zoopla
Sales volumes are still on track to be 20% lower than last year.
By PrimeResi
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
Harrods Estates highlights a resurgent super-prime market around its famous namesake department store, with buying and development activity outpacing pre-pandemic levels.
By PrimeResi
In Pictures: £28mn price tag for ‘one of Hampstead’s grandest homes’
Old Grove House was once the home of Oscar-winning film director Sir Ridley Scott.
Wilfords recruits sales director for new SW London branch
Philip Agius will be running sales at the boutique PCL agency's new outpost on Northcote Road.