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The Latest Breaking News from Savills

UK Mortgage Market Cools as New-Home Approvals Drop 15% in May

In May, UK mortgage approvals hit an 18-month low at 56,205, as rising interest rates and economic uncertainty deterred buyers. Despite this, house prices continued to rise, creating a complex housing market.

International Business Times UK

The 'Bank of Mum and Dad' Now Helps More Than Half of UK First-Time Buyers Get on the Property Ladder

More than half of UK first-time buyers receive family support, with £11bn helping bridge deposit gaps as affordability reshapes the housing market.

International Business Times UK

Ten years on, how Brexit hit London house prices

London’s property market was booming… until the 2016 vote. But, asks Anna White, was the Leave result the only culprit for the dip?

Evening Standard

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Want to live off-grid? This remote Scottish island with cabin could be yours for €405,000

The rugged private island, complete with a solar-powered cabin, is going under the hammer for less than the average UK house price. Tucked away in Scotland’s remote Summer Isles, it offers a rare chance to own an off-grid escape in one of the country's most spectacular natural settings.

Euronews

UK house prices fall for first time this year amid rising mortgage rates

Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlook

The Guardian - UK

Asia Pacific real estate investment rises 19% in Q1; India emerges as key logistics, data centre growth market: Savills

Industrial and logistics assets also continued to attract strong investor interest due to growing demand linked to AI-related manufacturing, semiconductor exports, data centre development and infrastructure expansion across markets including India, Japan, Taiwan and Malaysia.

The Economic Times

How AI Is Revolutionising Consumer Shopping Habits: Chatbots Over Search Engines

AI shopping assistants are transforming e-commerce by streamlining product discovery and influencing consumer behaviour, while raising privacy concerns and challenging traditional brand loyalty.

International Business Times UK

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Flagship Scottish shopping centre's value plummets as it hits market at major loss

A major shopping hub in a Scottish city has seen its value plummet, being floated on the market for just £2.5 million

The National (Scotland)

Over-60s now own 55% of all property in the UK

The generational gap between home owners continues to widen, data shows

The Independent UK

Over 60s hold 55% of the UK’s net housing wealth

IN FULL

The Independent UK

Over-60s hold £3.84 trillion of housing wealth in UK, property firm estimates

Older homeowners hold ‘high proportions of both owner-occupier and buy-to-let housing wealth’, Savills said.

Evening Standard

Older generations ‘holding onto most of the UK’s housing wealth’ as market stalls

Savills estimates the over-60s collectively hold a staggering £3.84 trillion in housing equity in the UK

The Independent UK

UK housing costs rise 41% over five years for renters and owners, study shows

Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise

The Guardian - UK

Average price tag on a home jumped by around £3,000 in March

Home movers are continuing with deals despite mortgage rate rises

Evening Standard

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Evening Standard

Competiton for UK rented homes falls to lowest level in six years

There is ‘clear evidence’ of the rental market becoming more balanced after the peak in competition seen in 2022 and 2023

Evening Standard

Modernist house in Greenwich with underground tunnel network for sale for £4m

Meridian West was designed by the architect Julian Sofaer between 1963 and 1965

The Guardian - UK

Revealed: the new affordable commuter hotspots in Great Britain

The lowdown on journey times, season ticket costs and average house prices in places you should know about

Evening Standard

Pink Floyd guitarist David Gilmour's former Essex farmhouse for sale for £1.1 million

Gilmour lived in the house with his first wife, Ginger, at the height of the band’s fame

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The Independent UK

Average house price falls in February after January’s huge surge

Across Britain, the average asking price for a home coming on the market in February is £368,019, Rightmove said

Evening Standard

Average price tag on a home falls by £12 in February after record January jump

Early year price growth was front-loaded into January, Rightmove said.

Evening Standard

One in 45 homes in Britain now worth £1m, property firm says

During the ‘race for space’ a few years ago, around one in 40 homes were worth £1 million, but there has been a ‘pullback, Savills said.

Evening Standard

Your guide to Golden Visas and homes in Greece, Turkey, Antigua and Malta that will buy you citizenship

Searches for citizenship by investment are soaring, so how does it work — and which of the over 100 options should you choose?

The Guardian - UK

UK housebuilder Taylor Wimpey warns of ‘muted’ demand

Company expects even lower margins in 2026 as it echoes cautious outlook from estate agents Foxtons and Savills

Evening Standard

Living in Dulwich: The south-east London area has something for everyone

With fast trains to London Bridge, excellent schools and bags of independent shops and cafes, families flock to this south-east London enclave

The Guardian - UK

Are UK buy-to-let landlords dying out – and should we care?

Higher taxes and tougher regulations have led to the disappearance of tens of thousands of rental properties

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