Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom Bill. "However, we are experiencing a reversion to normality rather than a hangover."
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
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
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
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£11mn Mayfair townhouse snapped up in ‘ultra-fast’ deal
Former residence of Countess Raine Spencer on Farm Street sold within three days of listing, following a 'wave of enquiries from around the world'.
In Pictures: Cipriani Residences Miami’s London launch party
Mast Capital showcased its latest luxury branded residential project to Mayfair's deal-makers & glitterati last week.
By PrimeResi
Boutique agency goes big in Belgravia
Firm claims number one ranking after opening an office in the prestigious neighbourhood just ten months ago.
Rare new-build townhouse hits the market in Chelsea
Double-fronted project by boutique developer Wilben is the first new house on Gertrude Street for over 170 years.
PCL market ‘holds steady’ despite pre-Budget jitters
The number of applicants registering to buy was up by nearly 50% last month, reports JLL.
Banda moves into retail with virtual furniture & design gallery
Edo Mapelli Mozzi's new project showcases vintage interior design pieces that 'pay homage to global artisans and craftsmanship.'
By PrimeResi
Second-hand homes set new records in Mayfair
Wider uncertainty has failed to dent the historic district's appeal amongst global HNWIs, reports agency.
John D Wood & Co. recruits Savills’ Stuart-Mogg to lead Kensington sales
James Stuart-Mogg spent the last eight years with Savills.
By PrimeResi
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
By PrimeResi
Interview: Hamptons’ Craig Tonkin on positioning a heritage estate agency for success in today’s PCL property market
'Unlike a number of other agents we don’t feel threatened by the emerging ‘broker model’, indeed we see huge opportunity to evolve with it'
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