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.
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.
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.
Most read
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
£80mn mansion sale reported in Chelsea
American fashion mogul linked with 'UK’s most expensive deal of the year'
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
Knight Frank reports £162mn pre-Budget deal surge
'It was all-guns-blazing last week', reports London resi sales boss Rory Penn.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Why the US election could ‘open the flood-gates’ for international real estate investment
'This coming US election will be more than just a decision on leadership - it could signal a new phase of high demand for international real estate,' says Parisian buying agent Susie Hollands.
Charles Curran: ‘It is still business as usual’ in PCL despite the Budget’s ‘selection of crackers taxes’
Last week's Labour Budget was 'driven by ideology, penalising those they simply did not need to tax or tax further,' argues top-end estate agency boss Charles Curran.
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
In Pictures: High-spec Victorian mansion in SE London sets new price record
9,000 sq ft behemoth in Blackheath fetches over £10mn in area's first super-prime deal.
Property Industry Reactions: BoE cuts interest rates again, to 4.75%
'If inflation remains low and stable it’s likely that we will reduce interest rates further,' says the Monetary Policy Committee.
London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals were flowing in PCL during Q3 as top-end purchasers reacted to some political certainty.
Squire & Partners restructures top team
Top architecture practice names seven new partners as it embarks on 'a new era'.
Chestertons Global installs Chief of Strategy & Expansion to drive a ‘next phase of growth’
Rafael Noriega previously led international expansion for Warren Buffet's Berkshire Hathaway HomeServices.