Main image: Engraving of a money-lender by Quentin Matsys of Antwerp, from Illuminated Manuscripts in Classical and Mediaeval Times, their Art and their Technique
The number of £1m+ mortgage jumped by 24% last year
Banks are preferring to lend to owner-occupiers over property developers, says peer-to-peer finance firm
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Mortgage lending hits five-year high on the back of “overwhelmingly positive” economic news
"We do not expect the Bank of England to move quickly to raise interest rates, once the UK passes the 7% unemployment threshold," says the Council of Mortgage Lenders, as "housing activity is set to strengthen…
By Prime Resi
Property investors ‘are going to have to work harder’ for high returns this year
While "the macro-economic story for the UK will remain benign" for the next year or so, prime residential property markets are in for a fairly subdued - but still positive - year, says Savills.
By Prime Resi
London’s prime property market dip to drive a £1.6bn cut in this year’s SDLT receipts
Stamp duty receipts "so far this year have been much weaker than expected" says the OBR
By Prime Resi
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Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
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Deals & Data: London’s £15mn+ market rebounds in blockbuster first half
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Rightmove reports ‘substantially larger’ than usual July price dip
'Buyers have plenty of choice and sellers are having to work harder to stand out and attract them,' says portal.
By PrimeResi
Views sought on leasehold enfranchisement valuation rate reform
Important consultation seeks to set a framework for how much leaseholders should pay to buy the freehold, extend their lease or to buy out their ground rent.
By PrimeResi