Happy Lending: Mortgages up a fifth in May
Cash Out: Mortgages on £1m+ homes double as seven figures becomes the new normal
Mortgages for homes over £1m are now at their highest level in ten years, says Hamptons International, as seven-figure properties are "no longer just for the super-wealthy".
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By Prime Resi
“Strongest house purchase performance in five years” as lending rises 41%
Gross mortgage lending stuck at just over £16bn in September, according to the Council of Mortgage Lenders. Last month's £16.2bn wasn't far off August's £16.4b
By Prime Resi
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
Most read
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.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
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.
By PrimeResi
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
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
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
By PrimeResi
Matthew Robertson of Valouran on luxury property development & sustainability
Earth Day 2024: 'Sustainability is more than just reducing environmental impact; it’s making fundamental changes to the ways in which we interact with our surroundings'
Pre-election jitters hit London’s £5mn-plus market
Top-end sector continues to slow from its post-pandemic record high, but remains significantly stronger than the pre-pandemic average, reports Savills
Tories float September Stamp Duty cut
The Chancellor is considering raising the SDLT threshold to £300k, according to newspaper reports.
By PrimeResi
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JTRE London’s Nigel Fleming: Why Bankside is knocking on the door of traditional PCL
Following a transformation that began 70 years ago, Bankside has become a cultural, commercial & resi hotspot that can compete with any London postcode, writes property development chief...
Knight Frank heralds ‘a new era for the countryside’ as rural division growth continues
James Farrell has overseen two years of 'unprecedented growth' for Knight Frank's rural division - which continues with another new outpost opening later this year.
By PrimeResi
Grand Retail to Parkside: Agency pens field guide to PCL’s eight ‘villages’
Boutique firm delves into the characteristics of the capital's inner districts & gives each a new identity to help buyers with their decisions.
Weekly Showcase: Ten featured prime resi listings
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New York penthouse designed by master architect I.M. Pei up for sale
Sale of marquee unit at The Centurion in Midtown is a 'unique chance to own a piece of architectural history'