The Latest Breaking News from Savills

Casual wear brand Abercrombie & Fitch will be moving into a property previously occupied by Jack Wills on the capital's desirable George Street, becoming the company's first store in Scotland.

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties, figures show

House prices could fall by 10% next year, according to experts at estate agents Savills — but how much property values will fall all depends on which region of the UK you live in

When it rains, it pours. Estate agent Savills predicts that the mainstream London housing market will suffer the most acute fall in prices out of all regions in 2023. That’s despite properties in the city enjoying the more modest end of price growth since the pandemic.

Bleak warning of 12.5 per cent slump for homeowners ahead of interest rate rise from Bank

First-time buyers and buy-to-let investors will bear the brunt of increased affordability issue

The prime housing market is expected to outperform mainstream house price growth, due to a lower reliance on borrowing by prime buyers, Savills said.

Will the recent downturn in the London market develop into something more serious, or can the new Government restore some stability for homeowners and hopeful buyers?

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