Mortgage lending drops, ‘confirming that the froth has come out of the market’
The average mortgage value was £235,474 in February - a significant 4.6% higher than the previous month, and 10.4% up one the year.
Mortgage lending stays well-above pre-pandemic norms
The latest Bank of England data show a slight drop in mortgage approvals.
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 approvals climb to highest level since 2007
The latest Bank of England figures show a continued increase in mortgage lending since the Spring Coronavirus lockdown.
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Mayfair mansion with ‘enormous potential for development’ pitched at £16.5mn
22 Park Street is currently set up as offices, but proposals are in play to return the red-brick townhouse in the heart of Mayfair village to private residential use.
Media headlines ‘are not aligned’ with PCL property market reality, says buying agent
'Buyers are feeling overwhelmed by news reports and headlines, which are often not fully reflective of the experience many of them are having on the ground,' says Jo Eccles of Eccord.
Studio Indigo appoints new head of brand & business development
Daniella Perez Herrera has been managing marketing & comms for the luxury design practice for the last five years.
Obbard delivers luxury St James’s rental scheme for Berry Bros & Rudd
Residents at the newly-converted No.1 St James's will be able to call on a personal wine concierge, and drink in the views of St James's Palace...
London’s major new-build schemes defy gloom as sales surge
The developers behind some of London's biggest projects have been bringing forward phases to meet demand.
In Pictures: Aston Martin designs a private home in Japan
Top-end British car marque Aston Martin has steered further towards the branded residential property sector, designing a private luxury home in Tokyo.
Engel & Völkers assembles high-end listings ahead of return to London
Global real estate brokerage is building an impressive roster of instructions in the capital, after temporarily exiting the UK market in 2019.
HNW Hotspots: Where the world’s wealthiest are looking to buy homes in 2023
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
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NLA unveils new home for London’s built environment community
New London Architecture's 'London Centre' will open in the the City of London's Guildhall next year.
Dominvs Group appoints former Berkeley Exec as a Non-Exec Director
Sean Ellis was previously Executive Director of housebuilding giant Berkeley Group.
HNW Hotspots: Where the world’s wealthiest are looking to buy homes in 2023
London, New York & Dubai lead the way for HNWI home-buying intentions, reports Knight Frank.
Media headlines ‘are not aligned’ with PCL property market reality, says buying agent
'Buyers are feeling overwhelmed by news reports and headlines, which are often not fully reflective of the experience many of them are having on the ground,' says Jo Eccles of Eccord.
In Pictures: Celebrated architect’s home in St John’s Wood asks £9.75mn
Marek Wojciechowski of MWA 'reimagined the traditional family home' with this renovation project in prime north London - which is now for sale.