Mortgage lending drops in London
Mortgage lending is ‘holding up well’ as transaction numbers build
Gross mortgage lending at £18.2bn in February, but home-movers and buy-to-let house purchases are both down on a year ago
By Prime Resi
“Strongest house purchase performance in five years” as lending rises 41%
Gross mortgage lending stuck at just over £16bn in September, according to the Council of Mortgage Lenders. Last month's £16.2bn wasn't far off August's £16.
By Prime Resi
“Only 15%” of London’s new homes go to overseas buyers – BPF
Going by recent headlines, you'd be forgiven for thinking that nearly all of London's new-builds were being hoovered up by foreign investors.
By Prime Resi
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Council of Mortgage LendersMost read
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
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