Greenfield land values rise at the fastest rate in a decade

"Housebuilders are increasingly competing for well-priced sites in optimal locations," says Knight Frank, but many vendors continue to wait for more political certainty

Development land values are rising again after two years of no growth; "higher costs associated with building energy efficient and sustainable homes are putting pressure on land values," says Savills.

Luxury retirement living is coming of age in Britain, as a batch of super-prime new-build property developments set new standards for wealthy retirees in London.