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. 'But we have to be careful not to cut interest rates too quickly or too much.'
Property Industry Reactions: BoE holds interest rates at 5.25% again
'No great surprise,' say property market pundits, as the Bank Rate is maintained at a 16-year high for a seventh time.
By PrimeResi
BoE holds interest rates at 5.25% – property industry reactions
Have interest rates peaked? Featuring insights from Savills, Chestertons, Knight Frank Finance, Jackson-Stops, Alexander Hall, SPF Private Finance and more...
By PrimeResi
Property Industry Reactions: BoE holds interest rates at 5%
Today's unsurprising decision 'suggests that bringing interest rates down will be a test of stamina not speed,' notes Jackson-Stops boss.
By PrimeResi
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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.
By PrimeResi
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.
Knight Frank reports £162mn pre-Budget deal surge
'It was all-guns-blazing last week', reports London resi sales boss Rory Penn.
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.
By PrimeResi
Assessing the value & premium of luxury branded residences
Four years after the branded residences model emerged, pioneered by Four Seasons, this niche financial strategy has evolved into a diverse & thriving sector of the global real estate market, explains CBRE
LATEST ARTICLES
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.
By PrimeResi
London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals flowed in PCL during the third quarter 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.
By PrimeResi
Portal flags prevalence of chain-free property listings as investors sell-up
'Recent tax changes & incoming council tax premiums for second homes have unsettled property investors & second homeowners with some now looking to sell,' says Zoopla.
By PrimeResi