Archive

The UK housing market has returned to its pre-pandemic size, Savills claims. Research by the agency brand suggests the total value of...

Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, according...

Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts...

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two-bed home, according...

The total value of all homes across the UK has dropped for the first time since 2012. Research by Savills shows the...

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private...

The total number of property millionaires fell last year as the ‘race for space’ reversed, research suggests. Analysis by Savills has revealed...

The UK’s housing market is past ‘peak pain’ and looks set to bottom out in mid-2024, according to Savills. The agency giant’s...

The Bank of England has held off on further interest rate rises for now but agents warn that there is still...

The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...

Mortgage approvals bounced back in March but buyers are borrowing less at higher rates. The latest Bank of England data has showed...

The amount of housing wealth owned by the older generation has reached a record level, new figures show. The data, from agency...

Estate agents have expressed hope that the latest interest rate rise is the last after the Bank of England increased the...

The total value of all homes across the UK hit record levels by the end of last year and it is...

The level of property sales in the UK is declining, HMRC has suggested, after it revealed that transactions dipped for the...

The number of property millionaires in Great Britain has “shot up,” with one in 40 homes now valued at £1m or...

Lenders approved the lowest number of mortgages since May 2020 in December. The latest Bank of England data shows mortgage approvals for...

House prices could fall by 10% next year as higher mortgage pricing and rising inflation dampen buyer budgets, Savills has warned. The agency...

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...

Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...

Downsizing could become more attractive to older homeowners as the cost of living crisis intensifies, Savills claims. It comes as analysis by...

Accessibility to charging facilities is becoming an increasingly important factor for home buyers in affluent neighbourhoods where electric vehicle adoption is...

House price growth is set to slow but talk of a correction is overstated, Savills claims. The latest house price forecasts from...

Property sales slumped in April but are still above the pre-pandemic average, HMRC data shows. Provisional UK property transaction figures from the...

The number of areas where the average house sale price exceeded £500,000 has surpassed 15% of Great Britain for the first...

The number of locations where average house prices still stand at below £150,000 has shrunk by 28 per cent in recent...

A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...

Prices in prime central London have risen for the past two quarters, prompting a tentative claim that the market may be...

One of the leading housing market analysts says some of the extreme house price rises seen this year could unwind during...

Transactions and house price forecasts for the mainstream housing market are being revised upwards by Savills following the Budget. The new predictions follow an...

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...

The pandemic has reignited the flagging country house market and boosted demand for larger homes with gardens, claims Savills. Larger country houses...

Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers...

Sales of £1m-plus homes have surged since lockdown as affluent buyers seek more space and lifestyle changes.  An average of 868 £1m-plus...

Savills has boosted its forecast for housing transactions this year because the stamp duty holiday has been such a success at...

In the week the Nationwide recorded the UK’s highest ever average house price, high-end agency Savills has forecast that prime markets...

Savills has revised its market forecast for the enclaves of prime central London and now says prices will fall by 2.0...

Savills has kept in touch with almost 2,000 of its vendors and prospective buyers through two mass webinars. Entitled ‘What COVID-19 means...

The price of property coming to market fell by 0.2 per cent or an average of £656 in the past month...

The practices of competitive bidding and sealed bids have made a 'surprise return' to the Prime Central London (PCL) property market,...

With Easter now upon us (happy Easter, by the way, and hope you’re enjoying the long weekend, the Easter eggs and...

Savills, which in the past has been restrained in its critique of Brexit’s effect on the housing market, now says that...

High-end agency Savills says London’s super-rich are now buying and selling more actively than a year ago.  The agency says London’s so-called...

It’s not just the Cabinet and the government where jobs are in flux - there are plenty of moves to announce...

Savills has issued its forecast for the housing market for the next five years, and while it highlights some bright spots...

A 1.0 per cent interest rate rise would add £930 a year to the cost of servicing the average mortgage, according...

Savills has given a pessimistic outlook for the mainstream housing market for the next five years.  It says average house prices across...

Prime London house prices are now 5.3 per cent lower than at the time of the EU referendum admits Savills, following...

The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in...

Sales of homes in prime central London improved towards the end of 2016 says Savills - but only after prices were...

Savills is the latest estate agency to warn that economic uncertainty following the Brexit vote will trigger two years of low...

The credit crunch may have been the economic backdrop against which much of the housing market performance of the past 10...

One of the first major pieces of research to come from an estate agency following the EU referendum suggests the short-term...

New research shows that the north-south divide over house prices is not only continuing but is getting significantly worse.  High-end agency Savills,...

There’s been shock and anger from agents - especially those in London - at the surprise news of an additional three...

Economic and housing market commentators have interpreted the latest raft of Bank of England data as indicating that interest rates may...

Savills and Knight Frank say prime central London property values dipped slightly over the summer with stamp duty still being blamed...

Agents have expressed their disappointment at the decision by the government to restrict mortgage interest relief for Buy To let investors...