‘Generational divide’ widens as UK housing wealth held by over-65s hits record high of over £2.6 trillion
'The generational divide in housing wealth sits at the heart of a lot of the tensions around housing, and how these older home owners elect to deploy their equity has the potential to shape the market for the next generation,' says Savills' research chief, Lucian Cook.
The UK’s total housing value hit a record high in 2022 – but that’s likely to be ‘a high watermark for a few years’
Significant house prices gains over the last few years have favoured more owner-occupiers than landlords, suggests Savills.
The total value of the UK’s housing stock has reached a high of £7.14 trillion; here are nine charts to put that in context
Savills tots up and presents the total residential property wealth of the nation in infographic form, charting price inflation, house-building numbers, regional variances and more...
OBR downgrades housing market forecast: prices set to fall by 10%; transactions by 20%
"Low consumer confidence, the squeeze on real incomes, and the expectation of mortgage rate rises to come are expected to contribute to continued falls in house prices and a reduction in housing market…
Most read
JLL opens new west London office
Firm responds to 'growing demand' for its services in & around Kew, Chiswick, Brentford & Acton.
In Pictures: Pawson-designed ‘masterpiece’ up for sale in Mayfair
Minimalist 1987 creation was designed by the acclaimed architect for the renowned art collector Doris Lockhart Saatchi.
Fast-growing luxury agency recruits two new lettings directors
United Kingdom Sotheby’s International Realty continues expansion, bringing in PCL specialists Minnie Stainrod & Olivia McSweeney.
The Buying Solution names new chief
Will Watson takes the reins at the top-flight property buying agency.
London Square picks up prime Vauxhall development site
Resi developer continues its acquisition spree in central London.
City law firm names new Head of Residential Property
Super-prime specialist Parveen Abbas has stepped up to lead the 257-year-old practice's resi real estate division.
Savills & Fuller Gilbert serve up £18mn mansion in Wimbledon
High-spec specimen on Parkside is 'one of the most prestigious houses to come to the market in recent years'
‘Iconic’ freehold block hits the market in Belgravia
'Exceptionally rare' proposition on Eaton Place is expected to attract global interest.
Super-prime London agency takes on PR support to marshal Netflix fame
Alex Bourne's London House will feature alongside DDRE in 'Buying London', which airs on Netflix from 22nd May.
Luxury design firm targets ‘next gen wealth’ with new sister-brand
New offering from Taylor Howes is aimed at developers & private clients seeking a 'quick turnaround and affordability'.
LATEST ARTICLES
Sales hit £1.2bn at Chelsea Barracks
Developer Qatari Diar is rolling out the next phase of the flagship PCL scheme.
AI in Architecture: Understanding the impact & capabilities
In the first of a new series, Andrew Paulson explains how tech's new frontier could transform the traditional processes of architectural design, planning & construction.
Tanya Hasking: Debunking misconceptions around short lets
John D Wood & Co.'s lettings chief busts some myths and talks up the benefits of short-term rental agreements for both landlords and tenants...
Savills Ireland bolsters resi & country homes division with two new hires
Rose Lyle has returned to Savills Ireland after 12 years in the Prime Central London property arena.
Super-prime London agency takes on PR support to marshal Netflix fame
Alex Bourne's London House will feature alongside DDRE in 'Buying London', which airs on Netflix from 22nd May.