Mortgage lending ‘fell off a cliff’ in April
Latest BoE figures show just 15,800 approvals for house purchase across the entire month, 80% down on February and around half the number recorded in the depths of the GFC
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Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom…
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
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Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
London’s super-prime sales haul halves as trophy deals dwindle
Latest data tells of a comedown from Q2’s 'flurry of remarkable sales' in the UK capital, as Hong Kong topples Dubai for combined $10mn+ sales value.
Savills announces ‘management evolution’ in Europe
London-listed real estate advisor rejigs top table team in the UK and wider EMEA region.
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