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.
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Savills adds top global resi specialist from Knight Frank
Formerly Knight Frank's Head of Residential in APAC, Victoria Garrett is a 'key appointment that will really help us continue to grow our residential network internationally,' says Justin Marking, Head…
‘Forgotten gem’ in Mayfair acquired in £35mn deal
Former Schroders base on Upper Grosvenor Street has 'incredible untapped potential'
Super-prime developer reports £60mn sales surge as HNW buyers spring into action
'Buyers at the top-end of the market are increasingly deciding that now is the time to act,' says Lodha UK, after chalking up its highest quarterly sales figures since 2021.
‘Fulham mainstay’ Jackson-Stops rejoins Strutt & Parker
Great-grandson of Jackson-Stops founder is now Head of Fulham Sales at Strutt & Parker.
Knightsbridge lettings office shines brightest for Knight Frank
Property agency reveals its top-performing UK resi agency team.
In Pictures: Inside a turnkey Chester Square townhouse, asking £25mn
Revamped Grade II listed residence is 'one of the best townhouses to hit the market this year'
CLS finds new buyer for landmark Albert Embankment block
Resi developer acquires prime riverside building in Central London & plans to create set of 'unrivalled residences'
‘It’s an exciting time for the industry’: Rosewood’s Brad Berry on why the luxury hospitality group is doubling down on branded resi
'At the luxury level, buyers gravitate towards the projects that incorporate the intangibles'
Major Foxtons shareholders reiterate calls for a sale
London estate agency is working with NM Rothschild, reports The Sunday Times.
PCL agencies report spring sales flurry
'We currently have the largest pipeline of properties under offer that we have seen for 10 years,' says longstanding estate agency, while buying firms note string of successes across the prime postcodes
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Jennet Siebrits: Are homeowners right to feel brighter this year?
CBRE's research chief explains what the firm's latest consumer survey tells us about sentiment, spending and savings patterns & expectations for the year ahead.
Confidence slowly returning to the market – Acadata
Affordability pressures expected to ease but buyers 'cannot afford to throw caution to the wind'
‘Trophy’ West End retail & luxury resi scheme hits the market
Investment giant instructs agents to find buyer for flagship retail unit & 11 high-end apartments.
London vendors holding out for ‘spring bounce’
The traditional seasonal upswing is taking a while to get going, but sellers are already less open to price adjustments, reports agency.
‘Noteworthy resurgence’ for global prime property price growth
Knight Frank’s latest international indices tell of renewed positivity across luxury housing markets.