UK property prices have increased three-times as fast as earnings since 2008
The average value of a UK home has risen by 43% over the last decade, while the average wage has increased by 15% - and mortgage payments have trickled up by just 3%
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
House prices in all English cities have now returned to 2007 peak levels
Average property prices across UK cities have increased by 3.9% in the last year, says Zoopla, but the portal "does not expect a material acceleration in the rate of growth in the foreseeable future.
By PrimeResi
How did past recessions affect UK house prices? Comparing downturns, 1960-2020
"The ‘once in a lifetime’ re-evaluation of housing requirements on the back of the lockdown will be a counterweight to the impact of the recession on housing market activity over the rest of 2020,"…
By PrimeResi
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Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
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Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
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Industry reacts as UK resi transactions show early-year slowdown
Volumes were 5% below the five-year average in January as Budget implications continued to reverberate - but analysts expect activity will recover in the coming months.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
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Rightmove profits rise 9% as agents spend more
Property portal reports 'strong operational & financial performance' in 2025 - but the Plc could soon fall out of the FTSE 100.
By PrimeResi