The Latest Breaking News from Savills

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

Prices are set to drop by 10 per cent next near, some estate agents warn as Bank set to hike rate again

Seller Savills states that the capital's hotel market remains buoyant, with £25m worth of sales so far this year

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?

Set to open in early 2023, Tessuti is a fast-growing retailer of high-end clothing, footwear, and accessories across menswear, womenswear, and childrenswear

A stumbling pound is likely to spell renewed interest for the luxury market from overseas buyers