Tag: Savills
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Emerging Property Hotspots: The ‘Brain Gain’ Phenomenon
The UK property market is experiencing a fascinating shift as certain regions transform into housing hotspots, thanks to a phenomenon The Telegraph calls the ‘brain gain.’ This surge in demand and property value is closely tied to the increasing presence of high-tech and life sciences industries in these areas. Understanding this trend is essential for…
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London’s Rental Market: The Rise of Build to Rent
The landscape of London’s private rental sector is evolving, and build to rent (BTR) developments are at the heart of this transformation. Get Living, a pioneering company based in Southwark, celebrates a decade since its inception, which has significantly influenced London’s rental market. The company took root in the former Athletes’ Village at the Olympic…
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Property Industry Reactions to Fall in Transactions
Recent data from HM Revenue & Customs (HMRC) has provided a fresh perspective on the state of property transactions. Experts Weigh In Industry professionals have provided various interpretations of this data to PropertyIndustryEye. Let’s explore some insights: The Balance of Transactions Anthony Codling of Twindig observed that the housing transactions have remained stable since June.…
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Investment Influx Into Single Family Housing
Over the past nine months, the Build To Rent Single Family Housing sector has attracted investments exceeding £1 billion. This momentum isn’t expected to stop soon. Sources suggest investors are gearing up to infuse a staggering £25 billion over the next five to ten years. 2023 emerged as a landmark year for this segment, punctuated…
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Golden Corridors – The Most Desirable Areas to Live
The allure of exclusive English towns and countryside, with their idyllic, leafy surroundings and enviable lifestyles, is a well-established magnet for the affluent, from celebrities to city dwellers looking for retreats. This article aims to demystify the so-called ‘golden corridors’, the stretches of towns and villages viewed as the most desirable, profitable, and comparable to…
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A Record-Breaking Year for Single Family Housing Investment
2023 has set a new precedent for the Single Family Housing market in the UK. As reported by Savills in their latest UK SFH Spotlight report, the sector saw an influx of over £1 billion in the first three quarters of the year. But this figure only scratches the surface of the potential forecast for…
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London Prices Fall But It’s Still Most Expensive Area
Recent data from the Office for National Statistics (ONS) reveals that London house prices have witnessed a 1.4% dip over the year leading up to August. This decrease is noteworthy, considering the capital’s reputation for steep property prices. Despite this decline, however, London retains the crown for the most expensive region in the UK to…
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Are Falling Prices Tempting You to Buy a Second Home?
As house prices experience a notable decline, many Britons might be considering the investment opportunity that buying a second home presents. However, this decision isn’t one to take lightly; understanding the financial implications, including taxes and potential benefits, is crucial. Investors’ Chronicle has a guide. Current Housing Market: An Opportune Time for Buyers? Since March…
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Single-Family Housing Could Change UK’s Rental Market
In recent years, the UK’s property landscape has undergone a significant transformation, particularly in the rental sector. The once underestimated Build to Rent (BTR) sector is now a rising star, showing remarkable growth and adaptation to consumer needs, especially among single-family households. In today’s BTRNews, an article argues that this change isn’t just a blip…
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London’s Luxury Homes Lure Cash-Rich Buyers Amid Market Slowdown
During a general cooling in the UK property market, the upper echelon of London’s real estate is proving to be an exception. Wealthy buyers, largely unaffected by the mortgage cost hike, are continuing to invest substantial cash in the city’s most luxurious residences, providing stability in what has otherwise been an uncertain time for property…