UK housing market ‘returns to growth’ with £88bn spent in Q2 2024
Savills research highlights a resurgence of mortgage lending and the highest level of first-time buyer activity in eight years.
UK housing market ‘back to its pre-pandemic size’
Savills estimates the total value of the UK property market contracted by 21% in the year to March, falling back to 2020 levels.
Total value of UK housing stock falls for the first time since 2012
London saw the biggest decline in total housing wealth of any UK region last year, says Savills.
‘London leavers’ spent 29% less on homes outside the capital in 2023
Londoners' spending on homes outside the capital has returned to pre-Covid levels, reports Hamptons.
Most read
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
Mega-deals dry up as caution slows London’s top-end property market
You could count the number of £30mn-plus sales that happened in the last year on two hands.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
JLL ‘reaffirms commitment’ to PCL with raft of resi promotions
Agency's senior-level reshuffle in and around Prime Central London - including a new Head of Lettings - follows new appointments.
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
LATEST ARTICLES
Caudwell to pitch 1 Mayfair penthouses at ‘over £200mn each’
Billionaire property developer to set new ultra-prime benchmarks with residences that target ‘the world’s most prestigious people…who have good moral values’.
Tom Bill: Sellers move quicker than buyers this autumn as rates drop
Although more sub-4% mortgages are appearing, uncertainty ahead of the Budget means some buyers are hesitant, writes Knight Frank's head of UK resi research.
Murdoch’s REA raises Rightmove bid by 9%
'We are genuinely disappointed at the lack of engagement by Rightmove’s Board,' says the boss of Aussie property listings business REA Group, as the News Corp-controlled company makes a third bid for t…
UK housing market ‘returns to growth’ with £88bn spent in Q2 2024
Savills research highlights a resurgence of mortgage lending and the highest level of first-time buyer activity in eight years.
Savills adds buy-to-let specialist
Property consultancy strengthens its Investor Hub with a new senior hire.