Remortgaging jumps by 20%
The increase in May's remortgaging activity is in line with the initial fixed rate period of mortgages coming to an end, says UK Finance
London remortgaging activity reaches a nine-year high
8% fewer home-mover mortgages for were agreed in Q2 this year compared to last, while 17% more home-owners refinanced their existing properties
Home-mover & buy-to-let lending falls as remortgaging booms
10.8% more homeowner remortgages were completed in 2018 than in 2017, says UK Finance, while 11.5% fewer new buy-to-let and 1.9% fewer new home-mover mortgages went through.
Stamp Duty receipts rocket
HMRC's revenue from SDLT was 22% higher last month than in March 2020.
Most read
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
In Pictures: ‘Truly exceptional’ St John’s Wood mansion seeks £17.75mn
9,500 sq ft residence neighbouring Lord’s is described as one of NW8's finest.
Prime London Property Market Snapshot: Week 47, 2025
LonRes has recorded a significant increase in the number of properties being withdrawn from the open sales market in recent weeks.
Brace of senior appointments for expanding property recruitment firm
Deverellsmith installs new Head of UK Client Success and National Head of Development & Construction as growth drive continues.