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
Most read
Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
LATEST ARTICLES
My Property Career: Quickfire Q&A with Charlie Wells
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Housing market ‘pace of decline shows signs of stabilising’ – RICS
Metrics on property prices, buyer demand & agreed sales volumes all declined in May, but not as fast as in previous months.
By PrimeResi
‘Each UK region has 20-30% fewer homes to rent than before the pandemic’ – Zoopla
Property portal warns of a 'two-speed' rental market as headline price growth eases.
By PrimeResi
Fine & Country adds Northern outpost
Agency signs new franchise agreement for Stockport & Saddleworth.
By PrimeResi
Real estate insolvencies surge amid market pressures
Review of insolvency filings suggests 60% jump in failures across the sector.