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The Latest Breaking News from Savills

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

‘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

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read the most diverse news in one place.

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

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

Nottingham Post

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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

Edinburgh care home development comes to market

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

Insider 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

The Guardian - UK

‘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

Evening Standard

Edinburgh Furniture Initiative redevelopment gets underway

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

Insider UK

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

Birmingham Post

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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

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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.

Evening Standard

Inside the co-living boom: is this the future of renting, or just a cash in on London’s housing crisis?

Intense demand for London rentals is being met by a new generation of co-living brands. But not everyone is sold on dormitory-style living

Evening Standard

London’s share of international super-prime property market takes hit in 2023

London’s super prime market was hit by interest rate rises and the Truss mini budget, according to a new report

Bristol Post

US medi-tech firm plans 'major UK campus' on edge of Bristol

They could even build a new railway station there too

The Independent UK

Chance to buy landmark Yorkshire crag is ‘genuinely unique opportunity’

Kilnsey Crag is one of the best-known sights in the Yorkshire Dales and a magnet for rock climbers.

Birmingham Post

Trio of property deals at Blythe Valley Park

Landlord welcomes new tenants at industrial development on Solihull business park

The Hindu

Tamil Nadu records a shortfall of 1.25 million urban housing dwellings, says report

With a shortfall of 1.25 million urban housing dwellings in Tamil Nadu alone, the demand-supply gap of in urban housing needs to drastically improve, according to CREDAI Chennai’s Real Estate Vision 2030 report, which was done in association with Savills.

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