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The Latest Breaking News from Savills

One year since the mini-Budget: meet the Londoners caught out by ‘astronomical’ rent rises and mortgage mayhem

A year after the mini-budget and with another interest rate rise looming, we hear from Londoners coping with the stress of spiralling costs

Evening Standard

Bond Street set for bumper year of store lettings as vacancy rate falls

Bond Street is having another bumper year with store lettings closing in on last year’s record and the vacancy rate falling back to pre-Covid levels, new data reveals.

Evening Standard

Emma Thompson among British stars uniting against plans for ‘Malibu mansion’ in Hampstead

Imelda Staunton, Greg Wise and Jim Carter are also among the A-listers protesting redevelopment plan in London’s leafy garden suburb

The Independent UK

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Fears of London hotel investment slump amid soaring interest rates

Fears were growing today that London’s hotel building market is being threatened by interest rate rises as sky-high borrowing costs prompt operators to pull back on investment decisions.

Evening Standard

The £2.3m Flat Up For Sale That Overlooks 18th Green At The Old Course

A property inside one of the game's most iconic buildings, with the best view in golf, has come up

Golf Monthly

London’s dedicated student housing shortage laid bare in new research

Around four students are chasing every purpose built room in London amid a shortage of accommodation, new research has revealed.

Evening Standard

Number of landlords selling up in UK grows as mortgage rates surge

Those who sold buy-to-let this year made £10,500 less than those who did so in 2022, separate data shows

The Guardian - UK

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‘Iconic’ Chitty Chitty Bang Bang windmill on sale for first time in 35 years

Cobstone Mill was used as the film location for the children’s classic in 1968, and has appeared in several other films and TV programmes since

Evening Standard

Life sciences offer an alternative future for some of London’s offices

In what will be seen as a boost for the UK life sciences industry, a flurry of investors are looking to create specialist sites in London

Evening Standard

Renting in London: the desperate battle to rent homes in the capital’s hottest district

Prices are soaring for would-be tenants in this south-west London borough — and people are making ever-snappier decisions

Evening Standard

Beijing Office Vacancy Rate Rises to 13-Year High

Figures show hesitancy among businesses to put up the cash to rent workspaces amid an economic recovery

Caixin Global

Wetherspoon shares update on latest closure as 26 remain at risk - see full list

Wetherspoon announced last year that it was planning on closing around 32 of its sites, before announcing that there would be further closures on top of that

Daily Mirror

'Popular' Nottinghamshire town named one of UK's 50 most desirable areas

One leafy Nottinghamshire suburb is the only area the East Midlands to make it into the top 50 list

Nottingham Post

Beautiful Art Nouveau style home by the Downs with potential ground floor flat

Have you ever heard of a 'withdrawing room'? Well this home has one.

Bristol Post

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Insider UK

Edinburgh care home development comes to market

The Georgian house in Trinity is on sale for £2.25m

The Guardian - UK

70% of central London properties sold this year bought with cash – Savills

Report fuels fear that rich overseas buyers are buying properties at expense of working Londoners

Evening Standard

‘Absolute carnage’ as High Street lenders including Halifax and Santander lift mortgage rates once again

Halifax told brokers last night that its rates for remortgages were going up as much as 0.54%

Evening Standard

Here’s what the average London house price buys in every borough

From Soho apartments to suburban family homes, here’s what the average London asking price buys in your area

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Insider UK

Edinburgh Furniture Initiative redevelopment gets underway

Kelvin Properties issue first design images of development due for completion in summer 2024

Birmingham Post

Leicester Travelodge Hotel and Grosvenor Casino sold for almost £9m

The 95 room hotel opened in 2004 and underwent a £325,000 refurbishment in 2014

Evening Standard

Is this the ‘best house in Chiswick?’: Jasper Conran’s former home on the River Thames is for sale for £16.5 million

Once home to a royal mistress and later used as a boys’ boarding school, the historic Walpole House looks very different after its Jasper Conran revamp

Manchester Evening News

"Why wouldn't you live here?": Greater Manchester suburb once in rich neighbours' shadow now among Britain's 'most desirable'

"Historically, Bramhall and Poynton have been destinations people have moved to whether it's for schools or green space - Cheadle Hulme is now more desirable"

Daily Mirror

The most desirable towns in Britain are revealed - does yours make the 'wanted' list?

Using the data from the most recent census, estate agents Savills has been tasked with putting together a list of the best 20 places to live in Britain scoring across a number of factors

Birmingham Post

Former Bath Press premises on the market for mixed used residential development

The scheme proposes a mix of 247 apartments and 30 townhouses

The Independent UK

‘Very real risk’ that landlords could exit housing sector amid mortgage squeeze

Concerns have been raised about the impact of rising mortgage costs on landlords and renters.

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