Reactions: On the BoE's emergency interest rate cut
Industry insiders share their thoughts on the Bank of England's decision to cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
Written by
Prime Resi Pundits
Including: Chestertons, Winkworth, Knight Frank Finance, London Real Estate Advisors, The Guild of Property Professionals & SPF Private Clients at
,
PrimeResi is the Journal of Luxury Property. The leading news, opinion & insight resource for the UK's prime residential property industry.
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
By PrimeResi
BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
By PrimeResi
Re-starting the housing market: Industry reactions to the easing of the Coronavirus lockdown for the property sector
It will not come as any great surprise that most in the property industry are pleased to be able to get back to work after seven weeks in lockdown.
By PrimeResi
Companies in this article
Chestertons Winkworth Knight Frank Finance Guild of Property Professionals SPF Private ClientsMost read
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Big-ticket London home sales slide by over a third as caution returns
Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.
LATEST ARTICLES
Rightmove ramps up tech updates as revenue climbs further
Property portal just delivered its 'highest-ever number of monthly product releases' as it zeroes-in on AI.
By PrimeResi
£16mn townhouse sets new benchmark on Prince Albert Road
8,000 sq ft home overlooking Regent’s Park came with a 'spectacular' private leisure complex.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
In Pictures: Parisian hospitality brand to launch Miami Design District residences
Fouquet’s to debut branded residences in the US, in a 25-storey Chipperfield-designed tower.
By PrimeResi
California homeowner offers luxury estate in exchange for Anthropic shares
Niche pitch targets AI firm’s equity-rich employees.