Land values see biggest decline on record as economic downturn bites
A major survey of housebuilders confirms “growing concerns” within the sector over the short-term outlook for the UK economy.
Greenfield development land values picked up by 3.9% in Q3, says Savills, while urban sites increased by 2.2%.
'Some of the major housebuilders are cautiously returning to the land market,' says Savills - although 'many are still largely out of the market.'
Companies in this articleKnight Frank
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
Inside an Elm Park Road townhouse reworked by the world-famous design studio.
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Almacantar reports strong interest from domestic and international buyers across its West End portfolio.
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Rare 3,000 sq ft duplex overlooking the famous Piazza is expected to attract wide-ranging interest.
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
Buying agent Marcus Gondolo-Gordon agrees with the Climate Change Committee, that EPCs 'create market uncertainty and are in urgent need of reform' - and he has some practical suggestions for how things…
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Monthly survey of UK estate agencies shows a bounce in market activity through August.