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
“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 £16.4b
“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
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Lomond buys 60+ branch London agency KFH
'It's a big one,' says CEO Ed Phillips, as Lomond makes its first business acquisition under new backer ICG.
Savills expands Private Office in London & Dubai
Commercial real estate specialists James Purdon and Edward Price join the consultancy's elite cross-border network.
Boutique luxury developers secure consent for ‘landmark’ Notting Hill scheme
Echlin & Bodker have been given the green light to create six luxury townhouses & two apartments on Lansdowne Walk.
Penthouse at forthcoming boutique Mayfair scheme achieves £5,000 psf
Half of the units at Three Kings Mayfair have been snapped up off-plan.
Prime Central London property prices likely to fall 4% next year, suggests Savills
Top-end residential markets are set to under-perform mainstream UK housing, says top consultancy.
Former Knight Frank chief to chair Grosvenor’s UK property business
Alistair Elliott will take over the high-profile role from Melanie Gee in January.
Prime London buying agency reveals top deals from £120mn year
'It is 100 per cent a buyers’ market', says Black Brick boss, trumpeting the firm's biggest acquisitions of 2024.
Trio of seasoned agents join The London Broker
Expanding high-end brokerage signs up Adam Carey, Silvina Paz & Ryan Steenfeld-Kristensen.
American brokerage giant Compass set to buy @properties & Christie’s International Real Estate
'Game-changing partnership' promises to 'take the Christie’s International Real Estate network to unprecedented heights' while giving America's biggest brokerage a presence outside the US for the first t…
Lloyds’ private equity arm exits major estate agency group
LDC will reinvest in Lomond alongside new investor ICG and the management, giving the acquisitive firm 'significant firepower to fuel the next phase of growth'.
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US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
Lodha toasts ‘landmark’ year for super-prime Kensington scheme
Over 80% of first phase at Holland Park Gate now sold; recent flurry of high-end transactions included a £12.95mn show residence designed by Studio Lodha.
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
Tax & policy shifts to push prime rents up – Savills
But rental growth is likely to be much slower across Prime London and Regions in the next five years than in the five years just past.
EG magazine to close after 166 years
Long-running property industry title, formerly known as Estates Gazette, has been running since 1858.