Mortgage lending bounces to nearer-normal levels
67,000 home purchase mortgages were approved in November, according to the Bank of England; the lowest figure since June 2020, but near the 12-month average up to February 2020.
Mortgage lending drops below pre-pandemic levels
Net mortgage borrowing and mortgage approval numbers are both now below their 12-month pre-pandemic averages, says the Bank of England.
Mortgage lending stays well-above pre-pandemic norms
The latest Bank of England data show a slight drop in mortgage approvals.
Mortgage lending climbs to highest level since 2007
More house purchase mortgages were approved in November than in any month since August 2007, according to the latest count from the Bank of England.
Most read
‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
Cotswold estate agency teams up with interior design studio
'This collaboration allows us to bring a thoughtful, lifestyle-driven element to the service we offer,' says Butler Sherborn's Elizabeth D’ Allemagne.
Six Trends: On wealth mobility & global super-prime markets in 2025
UK buying agency Garrington highlights some key patterns & demographic shifts for luxury property agents targeting the world's super-rich.
LATEST ARTICLES
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Gulf buyers behind one in three £5mn-plus PCL sales – Beauchamp
‘There has been an eagerness to get deals over the line,’ reports luxury agency, confirming a £75mn flurry of transactions across top-end schemes in Mayfair & Bayswater.