The Market
Higher-value lots in demand at auction, says Savills
A pair of development opps near Buckingham Palace fetched well over their guide price at the firm's latest live-streamed event.
Brand Designs: Dubai & London lead EMEA’s ‘extraordinary’ branded residence boom
The branded residential development sector is set 'to continue its extraordinary growth', say Savills and Knight Frank - with Dubai and London leading the way in the EMEA region.
Drop-off in PCL buyer demand is ‘a temporary dip’, says estate agency
London estate agency reports a fall in demand for both prime and super-prime homes in the capital through Q1.
Home-buyer demand has fallen 22% in the last year
Just over four in ten (42.6%) homes listed for sale in England in Q1 had already found a buyer, down 5.7% in the last quarter and 21.6% in the last 12 months.
Landlords could get EPC upgrade extension
A proposed deadline to require all rental homes to achieve an EPC grade of C or above may be pushed back...
Mortgage approvals rise for the first time since August
But approvals are still running a third below their pre-pandemic average.
Scottish estate market cools, but prices remain high
Gross investment in Scottish estates dipped in 2022 as £1mn+ activity refocused to urban centres - but country estate prices remain at historically high levels.
The Register of Overseas Entities seems to be working, as UK property deals involving tax havens fall
New research suggests improved transparency in the property market means 'Londongrad' is losing its appeal to corrupt money...
Housebuilding’s ‘new normal’ in nine charts
Savills has taken a deep dive into the mechanics and economic realities of the UK's housebuilding sector, highlighting some dramatic changes in the new-build sales landscape...
Government plans short-term rental database & more powers for landlords
New Renters Reform Bill measures announced as part of crackdown on anti-social behaviour.
Why mortgage rates will not return to recent lows any time soon
Professors Alper Kara and Muhammad Ali Nasir explain the factors moving mortgage markets right now - and what borrowers should expect in the coming months and years...
Westminster Council ‘ready to lead’ on short-term rental regulation
'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council.