Summer sales spike borne out in BoE mortgage data
66,300 mortgages were approved in July, according to the Bank of England. That's the highest since February, a 66% jump from the previous month (39,900 in June), and comes in pretty close to the level seen in July of last year.
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions
Just one in five deals fall through as ‘Covid clauses’ keep sales pipelines flowing
“You’d be surprised by how much activity there still is", says Knight Frank's prime London team...
Sales rates pick up across GB, but fewer than half of London listings find a buyer
In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.
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Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
Agency lists Westminster townhouse at £11mn after virtual valuation
Super-prime property near Buckingham Palace is 'one of the most expensive houses ever to reach the market without a physical valuation'
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
Prime London’s top-end outperforms in ‘slow’ spring market
The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.
Harding Green signs up former Savills director
Dominic Barry will be covering East Dulwich as a self-employed broker.
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Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
CoStar to acquire digital visualisation firm Matterport
OnTheMarket owner agrees to buy leading virtual tour tech firm.
Price growth in prime country market turns positive
Prices ticked upwards by 0.3% in the first quarter of the year, the first positive quarterly growth seen since June 2022
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.