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
What to read next
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.
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
Industry Reactions: Mortgage approvals drop to lowest level since 2023
Fresh Bank of England data suggests home-buying activity is slow and slowing.
Most read
Knight Frank puts heavyweight duo at helm of London Private Office
Specialist division brings together the firm's 'most accomplished advisers' for UHNWIs.
Buyer swoops on ‘one of London’s most celebrated historic houses’
Architecture wins out over postcode as purchaser searching in Westminster exchanges on landmark mansion south of the river.
Guernsey’s biggest privately-owned estate seeks £65mn
The 80-acre Havilland Hall comes with a Regency mansion, a private 'village' and an array of leisure & business facilities.
Grosvenor Square penthouse finds buyer at nearly half its original asking price
Seven-day exchange follows more than three years of marketing for hefty Mayfair duplex.
£48mn price tag for Bryan O’Sullivan-designed penthouse at Chelsea Barracks
First Look: Inside one of the year’s biggest new-build launches.
Inside 1 Mayfair: Caudwell completes first residence at ultra-luxe scheme
Lavish show apartment dressed by New York designer Jamie Drake is pitched at £83.7mn.
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Guy Meacock: ‘These are the best conditions I have ever seen, from my side of the negotiating fence’
Seasoned agency boss on what's next for buyers in Prime Central London.
High-profile agency reopens SW3 sales operation
Chestertons has a dedicated Chelsea sales team for the first time in nine years.
Interview: Alexander Main on entrepreneurship, building a brokerage & getting PCL deals done
‘You can’t just wait for the market to come to you’: Agency founder talks HNW buyer trends, turning marketing spend into sales & why half his firm’s deals this year have involved another agent.
LATEST ARTICLES
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
Top law firm boosts private wealth offering with two new partners
Payne Hicks Beach brings in a new resi property head and a citizenship & immigration specialist to advise HNW clients.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.