Mortgage approvals saw ‘significant’ jump in March
The latest Bank of England mortgage statistics illustrate the property market's 'convincing rebound', says Knight Frank, while Savills suggests the March data 'reflects an increasingly stable and competitive mortgage market.'
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
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.
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UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
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.
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.'
Green light for major Wimbledon office-to-resi scheme
Aldar-owned London Square has chalked-up another planning win.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
REDD appoints new director to lead private client growth drive
The luxury real estate firm is expanding its bespoke services offering for HNWIs, family offices & investors.
Interview: Rhodium’s Richard Petrik on ‘mobilising’ London’s most luxurious developments
Top-end specialist reveals how schemes are transformed from building sites into turnkey addresses for the world’s most discerning buyers.
‘Ultra-rare’ triplex penthouse offers vast ‘blank canvas’ above Chelsea Waterfront
The trophy home atop Tower East is being offered for sale in shell condition.
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.
SW London specialist signs to Harding Green
Catherine Merrett previously worked for Savills and for Antony Roberts.
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Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
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.
FRP swoops on Arc & Co
Business advisory firm adds top real estate team as part of national expansion.
Agents appointed on Bentry’s £100mn Islington scheme
Savills & CBRE are due to launch resi sales at Angel Village early next year.
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.