Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
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.
By PrimeResi
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
By PrimeResi
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.
By PrimeResi
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‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
By PrimeResi
In Pictures: Inside the luxury resi reworking of a St John’s Wood landmark
The historic former chapel-turned-studio where Queen filmed Radio Ga Ga is being transformed into five turnkey homes.
PCL council warns cyber attack fallout is ‘ongoing and will take several months’
A cyber incident 'with criminal intent' has been causing havoc in Prime Central London since November, causing significant delays to planning decisions across Westminster and Kensington & Chelsea.
By PrimeResi
Ground rents to be capped at £250 as leasehold reform gathers pace
Government publishes draft Commonhold & Leasehold Reform Bill, continuing a march to reform the 'feudal' leasehold regime.
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