Main image: Mortgage approvals (seasonally adjusted), via the Bank of England
Mortgage lending climbs but new approvals dip
Total borrowing for house purchases has been rising since April 2024.
Unexpected dip for mortgage lending in November
Bank of England data show a decline in mortgage approvals as 2024 drew to a close.
By PrimeResi
Industry Reactions: Mortgage lending bounces back
Mortgage approvals were up 28% year-on-year in December, and the Bank of England thinks 'there is still optimism for further mortgage approval increases in the coming months, if bank rate cuts materialise.
By PrimeResi
Mortgage approvals rose again in October – BoE
'The mortgage sector is set for an extremely busy end to 2024 and an explosive start to 2025,' declares Alexander Hall chief Richard Merrett, in response to the latest Bank of England data.
By PrimeResi
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Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
RBKC approves 100% premium on second homes
Bills to double from 2026/27 as council moves to address £100mn-plus funding gap.
Strutt & Parker recruits Savills’ Hampstead sales head
Heritage agency boosts new broker network with senior north London hire.
The New 2% Club: Jamie Hope on pricing in Prime Central London’s leaner market
The era of the ‘comfortable 10% cushion’ is over, says boutique agency boss - today’s market rewards accuracy, not optimism.
By Jamie Hope
British property mogul reportedly sells $55mn NYC townhouse
One Hyde Park co-creator is said to have sold the property after acquiring a Midtown penthouse.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
By PrimeResi
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
Why did Iran bomb Dubai? A Middle East expert explains the regional alliances at play
Andrew Thomas, a Lecturer in Middle East Studies and author of Iran and the West: A Non-Western Approach to Foreign Policy, explores 'a deliberate strategy by the Iranian government, designed to exact…
Super-prime rental deals surge in London
£5,000-per-week-plus tenancies up 8% year-on-year as internationally mobile tenants prioritise flexibility.
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Big-brand agency franchise in PCL goes up for sale
Winkworth is seeking an 'entrepreneurial property expert' to take over the established hub in one of the capital’s top HNW hotspots.
Banking heavyweight flags postcode divergence across Prime London market
Buying conditions are ‘favourable’, says Investec, as analysis points to opportunity across three key districts.
Shinerock’s Choices Group bags boutique Bath agency
Estate agency continues national expansion drive, acquiring The Apartment Company's lettings division from Peter Greatorex.
By PrimeResi
CBRE notes ‘clear signs of recovery in the Prime London market’ as deal values jump
'Buyers are willing to spend more, but they want better value,' comments the agency's Head of Prime Central London.
By PrimeResi
Prime London Property Market Snapshot: Week 09, 2026
Agreed Sales volumes improved by a third from Week 08 to Week 09, but remained more than 25% lower year-on-year.
By PrimeResi