Developers look beyond London as Midlands hubs drive resi development land price growth

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There's less competition for smaller sites in outer London, says Savills, which could create opportunities for SME developers

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Main image: Growth resumes | Greenfield and urban land values picked up in the first quarter of 2018, whereas residential land values in central London remain flat

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More than 31,000 new private homes are in the planning pipeline in South East London, with property prices forecast to rise by some 17% over the next five years
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Planning and development activity in the capital has 'remained stoic' in the face of uncertainty, says Kinleigh Folkard & Hayward
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Demand for sites across Birmingham, Leeds and Manchester drives biggest annual increase since 2014