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.
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
By PrimeResi
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…
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
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
By PrimeResi
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
By PrimeResi
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Building Legacies: Michael Houlding of Boldfort on delivering London’s top-end homes
Interview: MD of longstanding family-run contractor reveals what it really takes to create dream residences for UHNW clients, from Belgravia to Notting Hill.
PCL to underperform against ‘modest’ UK property price growth in 2026 – Chestertons
The market is beginning to stabilise, says leading estate agency, with house prices predicted to rise by only 1-2% across the country next year.
By PrimeResi
‘Momentum shows little sign of slowing’: Branded resi sector records another year of ‘exceptional growth’
Fresh analysis by Savills suggests the global branded residential development niche expanded by nearly a fifth in 2025.
By PrimeResi
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Rightmove expects ‘sluggishness & volatility at the very top end of the market’ in 2026
Property portal predicts modest price growth across the UK, but with significant regional variation and a 'challenging' year for prime markets.
By PrimeResi
Forsters expands in the Middle East
HNW law firm has opened an outpost in Abu Dhabi.
By PrimeResi
RBKC signs off on £10bn Earls Court scheme
Decision completes dual-borough backing for the transformation of central London's biggest cleared development site.
Branded Residences: Louis Keighley on what’s still missing from the sector
Savills' Global Residential Development Consultancy chief identifies three big opportunities in the rapidly expanding branded resi arena...
Mount Anvil gets green light for 274-home scheme in Chelsea
Lots Road South project is set to transform one of RBKC’s largest housing delivery sites.