Company Tag: Savills
Earls Court & Barons Court: On the verge of an uplift
Traditionally on the fringe of respectability, the Earls Court and Barons Court area is "on the verge of an uplift" says Savills (which just opened a new office there) with major development and investment…
£6.6 billion: Savills’ UK resi sales (excl. new developments) up 8% in a year
Savills has just turned in a monster set of annual results, with Group revenues up 19% to £1.1bn. Pre-tax profit was up by 21% (to £85m) in the year ending December 31st.
#Budget2015: The prime property industry’s reactions
No surprises in today's pre-election Budget, and not much new that directly affects the top of the market, but there are still some things to have opinions about...
Read about what was announced here.
Scotland ‘will outperform the rest of the UK this year’ – Savills
Scotland's mainstream property market is in line for a much better year ahead than it's southern counterpart, claims Savills.
The agency is forecasting a +3.
Money Talks: The impact of currency fluctuations on PCL buyers and owners
In the last four months alone, the same hypothetical house in one of the best parts of prime central London has become 16% cheaper for a Swiss buyer converting francs, but a mind-boggling 47% more…
The rise of the seven-figure market: £1m+ deals triple in ten years
The number of £1m+ sales has shot up by 80% in London since 2006/7, helping the quantity of seven-figure deals across the country to probably breach its 2007 peak for the first time in 2014, notes Savills.
Savills Bahrain opens international resi sales suite
Savills has launched a dedicated resi sales offering in Bahrain for local residents keen to buy in the UK, Europe or the Americas.
Property investors ‘are going to have to work harder’ for high returns this year
While "the macro-economic story for the UK will remain benign" for the next year or so, prime residential property markets are in for a fairly subdued - but still positive - year, says Savills.
OnTheMarket.com goes live: New portal launches on schedule
The new Agents' Mutual portal, OnTheMarket.com, has successfully launched on time, and plans to be the UK's number two property site after Rightmove.
St George hosts NAWIC event at Battersea Reach
Resi developer St George threw an event at its Battersea Reach scheme this week to raise awareness of employment opportunities for women in the UK construction industry.
New Scottish property tax bands hit the prime market, but create ‘more winners than losers’
Scotland's Finance Secretary John Swinney has set out the new-look detail for the new Land and Buildings Transaction Tax (LBTT), which is lined up to replace SDLT in Scotland from April this year.
Savills in the money after SDLT stampede boosts high-end transaction volumes
A short term increase in trading volumes at the top end, attributed to the recent stamp duty changes, made it a December to remember for Savills.