The ONS' miscalculation of a crucial labour cost figure could lead to "one or two" extra interest rate hikes
A blunder by the Office for National Statistics (ONS) in which it miscalculated a crucial measure of labour cost inflation could lead to Bank of England policymakers signalling the need for "one or two" more interest rate hikes over the next two years, the man who spotted the error has said.
A 1% interest rate rise would cost mortgage-holders £10bn
A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
Five-year fixed rate mortgage costs fall as borrowing becomes cheaper around the world
“We have often thought that rates can’t go any lower, but here we are again,” says David Hall of Knight Frank Finance
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Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
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Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Top international architecture practice unveils new look & senior line-up
PLP Architecture has named five new Partners and six new Directors for its offices in London, Singapore and Tokyo.
Clouds of Uncertainty: Frances McDonald on why the UK’s prime property market recovery is ‘taking a breather’
Savills' Research Director explores how top-end home buyers & sellers are reacting to recent global events, as a 'promising start' to the year is tempered by 'renewed caution.'
Monaco flagged as next frontier for branded residences
Sector specialist explains why the Principality is a key gap in a fast-growing global market, as latest data underlines depth of demand.
Resi sales launch at branded private island development in Belize
This is Six Senses' first over-water resort in the Americas, with prices from US$3.75mn.