Housebuilders turn ‘an eye to risk management’ as land values tick up
Housebuilders reported strong sales rates in the second half of 2020 - but volumes are likely to return to "more normal levels", says Savills. "Many of the housebuilders are anticipating 10-15% fewer completions for the coming year compared to 2019."
Development land values recover as activity picks up
PCL development land value are still down at 2013 levels, despite rising in Q3.
Tight supply bolsters resi development land values
"Housebuilders are increasingly competing for well-priced sites in optimal locations," says Knight Frank, but many vendors continue to wait for more political certainty
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
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International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
£80mn mansion sale reported in Chelsea
American fashion mogul linked with 'UK’s most expensive deal of the year'
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
Knight Frank reports £162mn pre-Budget deal surge
'It was all-guns-blazing last week', reports London resi sales boss Rory Penn.
Why the US election could ‘open the flood-gates’ for international real estate investment
'This coming US election will be more than just a decision on leadership - it could signal a new phase of high demand for international real estate,' says Parisian buying agent Susie Hollands.
Charles Curran: ‘It is still business as usual’ in PCL despite the Budget’s ‘selection of crackers taxes’
Last week's Labour Budget was 'driven by ideology, penalising those they simply did not need to tax or tax further,' argues top-end estate agency boss Charles Curran.
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
Light at the end of the tunnel? Savills expects UK house prices to rise 23% over the next five years
Savills has issued fresh forecasts for the mainstream housing market, with an optimistic outlook for less turbulent times ahead.
Senior Jackson-Stops agent moves to Harding Green
'The UK property industry is shifting toward a more client-focused model,' says Alexander Leon as he joins the self-employed broker platform in central London.
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