The Latest Breaking News from Savills

When it rains, it pours. Estate agent Savills predicts that the mainstream London housing market will suffer the most acute fall in prices out of all regions in 2023. That’s despite properties in the city enjoying the more modest end of price growth since the pandemic.

Bleak warning of 12.5 per cent slump for homeowners ahead of interest rate rise from Bank

First-time buyers and buy-to-let investors will bear the brunt of increased affordability issue

The prime housing market is expected to outperform mainstream house price growth, due to a lower reliance on borrowing by prime buyers, Savills said.

Will the recent downturn in the London market develop into something more serious, or can the new Government restore some stability for homeowners and hopeful buyers?

Set to open in early 2023, Tessuti is a fast-growing retailer of high-end clothing, footwear, and accessories across menswear, womenswear, and childrenswear

A stumbling pound is likely to spell renewed interest for the luxury market from overseas buyers

Rents are rising fastest in the north-west and least in the south-west of the capital

Savills says move is ‘best feasible outcome’, but some experts say risk remains of ‘significant’ house price falls

The perfect renovation project is being sold by the representative body of the Church in Wales

Nick Bennett of Savills says while there will be legitimate concerns over displacement UK-wide zones could provide a significant boost to investment and job creation