Reactions: Bank of England cuts interest rates for first time in seven years
‘Now is not yet the time to raise interest rates’ – Carney
Bank of England Governor Mark Carney has ruled out an imminent interest rate rise.
By Prime Resi
Interest rates to stay low for longer – BoE
The Bank of England’s Monetary Policy Committee (MPC) has voted by a majority of 8-1 to keep the Bank Rate at a deeply low 0.
By Prime Resi
Selling England (and Wales) by the pound
Property acquired by overseas companies 2004-July 2014
By Prime Resi
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Self-employed broker agency buys rival
With backing from well-known property industry players, TAUK wants to 'consolidate the UK’s self employed agency space'.
By PrimeResi
Super-prime PCL agency reports ‘solid’ start to 2025, as international buyers drive £300mn deal run
'Price, presentation & protraction' are the key issues facing the capital's high-end resi market right now, says Beauchamp Estates; speculates Trump's new global order could boost demand.
Agency seals over £100mn of deals in Little Venice
Boutique firm reports run of high-end sales in the picturesque West London enclave, where - unlike in many parts of the capital - demand is outstripping supply.
Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
By PrimeResi
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
Britain’s Best Places to Live in 2025
Saffron Walden in Essex has been named the best place to live in the annual Sunday Times Best Places to Live guide.
By PrimeResi
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
By PrimeResi
Prime London prices post year-on-year growth for the first time since mid-2023
Supply is outpacing demand, but positive sign 'might motivate buyers to become more active,' suggests LonRes.
LATEST ARTICLES
London misses out on ‘global super-prime sales surge’
'2024 ended with a bang for super-prime markets,' says Knight Frank, but tax speculation dampened London's top-end.
By PrimeResi
Hamptons extends international network with top-end partnership in France
156-year-old estate agency has teamed-up with French luxury homes specialist Leggett Prestige.
By PrimeResi
UK is home to the highest property taxes in the developed world – claim
Real estate tax revenues account for more than 3% of GDP in seven major economies - with the UK at the top.
By PrimeResi
Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
By PrimeResi
Strutts strengthens National Country House Department
Longstanding agency recruits prime specialist from Curchods in 'strategic move' ahead of the busy spring period.