Foxtons: London estate agent boosted by strong property market October 24, 2024 London estate agent Foxtons delivered a third quarter of consecutive growth over the last three months, with revenue climbing eight per cent. Revenue at the estate agent climbed to £47.4m for the three months to 30 September, bringing total revenue for the nine months to the end of September to £125.9m, 10 per cent higher [...]
Historic Magna Carta house hits market for £4.5m September 23, 2024 The Victorian listed home where King John signed the Magna Carta in 1215 is on the market for £4.5m
Two-year mortgage rates fall as markets brace for future interest rate cuts September 20, 2024 Two-year mortgage deals are becoming increasingly competitive as rates continue to fall faster than longer-term deals.
UK property equity surges to new record as house prices recover with falling rates September 4, 2024 The value of the UK’s property equity is higher than ever before having surged to almost £6 trillion, new research has revealed. The study by the Equity Release Council calculated that recovering house prices helped to increase the figure to an “unprecedented” £5.7 trillion in the three months ending June 30, 2024. This was up [...]
Property law transactions at historic lows but firms ‘must prepare’ for growth August 8, 2024 Transactions at property law firms have sharply slid back to pandemic-era lows this year, but firms expect Labour’s housing reforms, as well as falling interest rates, to create an onslaught of cases in the coming years. New research by legal data supplier Search Acumen, shared exclusively with City A.M., has found that total transactions across [...]