‘Intense’ competition driving UK land values, for now
Greenfield and urban values have risen by 9.7% and 7.1% over the last year, reports Savills, but pressures are mounting from a number of sides.
60% of sales going to best & finals in parts of London as competition hits ‘fever pitch’
83% of Savills agents have seen an increase in competitive bidding in recent months
Land Registry data reveals ‘shocking’ fall in flat sales
48% drop in transactions marks 'first official confirmation that fears over unsafe housing are freezing the market'
Bumper H1 for Savills’ development land division
£1.25 billion worth of sites were transacted in the first six months of the year, 48% up on the three-year average, and there’s ‘no sign of a summer lull’
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