Mortgage lending falls again as the housing market ‘suffers a prolonged hangover from the mini-Budget’
'There remains a huge amount of nervousness among borrowers, who aren't sure which way mortgage rates are likely to move next,' comments Knight Frank Finance on the latest BoE mortgage lending data.
Mortgage market chills as lending numbers drop
September saw fewer home-mover, first-time buyer and buy-to-let mortgages agreed compared to the same month last year, says UK Finance
By PrimeResi
‘Another clear sign that it will be a challenging year for the housing market’: Industry reactions to the latest BoE mortgage data
Prime property insiders offer their take on new Bank of England data, highlighting a steep drop-off in mortgage lending at the end of last year - featuring Savills, Knight Frank, SPF Private Clients and…
Housing market continues to slow, with prices and transactions in decline – RICS
January's RICS UK Residential Survey show the most widespread property market decline since 2009.
By PrimeResi
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The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
LATEST ARTICLES
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Tom Bill: Burnham victory sparks questions on fiscal discipline & property tax reform
Victory in Makerfield will reignite debate over government’s economic priorities and possibility of property tax reform, says Knight Frank's head of UK resi research.
By Tom Bill
Government confirms homebuying shake-up to ‘slash delays, cut costs & stop sales falling through’
Proposals include upfront 'sales packs', binding contracts and possible mandatory agent qualifications.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes