Agents report ‘noticeably less competition’ for development land
Major housebuilders have cut back on land buying in an effort to ride out the weaker sales market, says Savills, with some pausing activity altogether.
Savills points to ‘a new dynamic in the residential land market’ as alternative uses drive competition
“Although the current land market remains buoyant, capacity for further growth is limited," warns Patrick Eve, Savills head of regional development.
"Although December shows the usual festive lull compared with previous months, demand has still been incredibly high when compared against pre-pandemic data with more house hunters registered than in any…
'The sales market is firmly back in the hands of buyers,' says Propertymark.
Companies in this articleSavills
A panel of property and luxury lifestyle insiders address the shifting wants and needs of China's richest people when it comes to international investment, real estate and wealth matters - including insights…
Handsome Victorian semi on Lyndhurst Road was Richard Burton's London home when his affair with Elizabeth Taylor began.
Inside an Elm Park Road townhouse reworked by the world-famous design studio.
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
All 28 units at Third.i's The Doulton will have direct views over the Thames and access to 'first-class' amenities.
Almacantar reports strong interest from domestic and international buyers across its West End portfolio.
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Ahead of the anniversary of the infamous ‘mini-budget’, Strutt & Parker's Kate Eales looks back on a tough 12 months for the UK housing market - and explains what we've learned along the way...
By Kate Eales
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
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Global housing bubble risks deflate – but ‘the seeds for the next property price boom have already been sowed’
Only two global cities are now at risk of a housing bubble, says UBS, down from nine cities a year ago thanks to 'house price corrections across the board'.
The new 'Teams' initiative is 'the next step in the evolution of the self-employed model,' says estate agency boss Adam Day.