Slim pickings for buyers as lenders cull mortgage products
A typical buyer with a 10% deposit currently has a limited choice of around 60 mortgage products, according to Moneyfacts - down from 779 at the start of March.
Mortgage market could be frozen as lenders pull products
Banks & Government said to be in talks about pausing or adapting the mortgage market in light of the Coronavirus lockdown.
By PrimeResi
Lenders have now pulled half of all home-buyer mortgage products
Banks have shelved around half of their mortgage products in the least few weeks in response to the Coronavirus crisis and 0.25% interest rate.
By PrimeResi
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
By PrimeResi
Most read
Strutt & Parker recruits high-flyer Reynolds to lead UK resi sales
Key player joins leadership team as 140-year-old agency ramps up prime & super-prime ambitions.
Top-end property brokerage rolls out global buying advisory service
UK Sotheby’s International Realty launches dedicated offering for HNWIs acquiring prime property across key international markets.
Interview: Stuart Bennett of Domus Nova on off-market deals, winning UHNW loyalty & the new rules of super-prime
One of London's most successful property agents talks us through his journey to the top, how the luxury market is faring in 2025, and what today's ultra-wealthy clients really value in an advisor.
‘Magnificent’ renovated Gothic Manor in the Cotswolds seeks buyer
This is the first time Stanley Park has been offered for sale as a single residence, following a huge restoration & a rockstar rental.
By PrimeResi
Super-prime St John’s Wood townhouse pitched as ‘possibly the best value home in the area’
Multi-million-pound price cut makes 'ambassadorial' Hamilton Terrace residence one of PCL’s best deals, says agency.
Echlin signs industry big-hitter Collins as £200mn luxury pipeline takes shape
Mark Collins, the former Chairman of Residential at CBRE, has joined the expanding design & development firm as non-exec director.
Former Knight Frank Finance Partner launches high-value mortgage brokerage
Alastair Keeling's new venture is called Arkmor Capital.
By PrimeResi
Cain taps ex-Six Senses CEO for global luxury investment drive
Major-league investor enlists industry heavyweight Neil Jacobs as it doubles down on high-end real estate.
Six Senses debuts €40mn private estate in France’s Loire Valley
In Pictures: Flagship residence at Les Bordes is the 'crown jewel' of the brand's ultra-luxe European portfolio.
Opportunity in the age of reform: On prime lettings & the Renters’ Rights Bill
Rather than undermining the sector, sweeping changes coming down the line will prove a catalyst for evolution, argues Yasmin Ulhaq.
By Yasmin Ulhaq
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LonRes names first Chief Operating Officer
Marketing chief Emma Herriman steps up to new COO role after a decade at the B2B property data platform & network.
Hutton Bubear brings in D&G alumna to boost country coverage
Well-known agent Tamzin Incledon will oversee searches in The Chilterns, Oxfordshire and Surrey for the boutique property firm.
Plans lodged for major Wimbledon office-to-resi scheme
London Square & Fourfoursixsix Architects have proposed a 123-home scheme opposite Wimbledon train station.
By PrimeResi
Investment giants back Dubai property portal with $525mn
Permira & Blackstone's latest play represents 'a clear vote of confidence' in the Middle East property market.
By PrimeResi
Kensington apartment block heads to auction
Freehold 11-unit building near Kensington Palace has been in the same family ownership for a century.