Mike Boles: What's in store for high-value mortgages?
It's been a turbulent few weeks on the lending front: Mike Boles explains what this means for borrowers...
Mike Boles: Mortgage rates may be rising but borrowing remains attractive
As the cost of living rises at its fastest rate in 30 years and the Bank of England warns that inflation may hit 8 per cent, possibly higher, it’s unsurprising that interest rates are also edging upwards.
BoE raises interest rates to a 13-year high
The Bank of England expects interest rates to climb to around 2.5% by mid-2023.
Mapped: The markets most insulated from rising mortgage costs
Prime property markets are relatively insulated from mortgage rate hikes, says Knight Frank - but transaction numbers are still likely to drop-off in the coming years as the wider housing market cools.
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Knight Frank boosts super-prime lettings team after bumper year
Agency adds to its SW London & Home Counties operation as top-end rental activity bucks wider market slowdown.
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
‘Everyone is running twice as hard’: Guy Meacock on a ‘confused’ Prime London market
The context of what is normal no longer applies, says director of buying agency Prime Purchase.
In Pictures: Four designers, one brief at Chelsea Waterfront
Eight designer-curated show apartments offer contrasting takes on Thames-side living at the luxury SW London scheme.
Cadogan warns of ‘material impact’ of leasehold reforms on resi business
Chelsea landlord/developer says new legislation 'will result in a financial loss to Cadogan and will fetter our ability to manage and invest with confidence in the Estate.'
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
Chestertons names new lettings boss
Long-serving exec steps up to lead major London agency's lettings division.
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Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
FT: Anthony Payne’s ‘sobering tale of how time kills a deal & why the conveyancing process has to change’
The LonRes chief tells the Financial Times that his own 'six-night emotional rollercoaster' is indicative a wider problem in the prime property market.
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
UK house prices ‘will rise less than previously predicted this year’ – Reuters
News organisation's poll of pundits suggests London prices will fall by an average of 0.3% in 2026.