House prices record highest January surge since 2020

18th January 2024

According to Rightmove, the British housing market is experiencing its most significant January surge since 2020, with increased demand and a higher number of new properties listed for sale compared to the previous year. Despite a projected marginal dip in average asking prices by the end of 2024, the market shows positive momentum, driven by a 20% increase in agreed sales and a 15% rise in new property listings compared to early 2023.

Savills Residential Research Update

18th December 2023

In 2023, UK housing market adapts to changing mortgage rates; signs of recovery, increased cash buyer activity, and cautious optimism prevail.

UK Holiday Accommodation Sector Rebounds with 21% Growth

14th December 2023

Research conducted by Stripe Property Group reveals that after experiencing a 24% decline in 2021 due to the pandemic, the UK holiday accommodation sector rebounded with a 21% growth in the past year. The sector is anticipated to see further expansion in 2023. Barrows and Forrester examined the market size of the UK holiday accommodation […]

The British Staycation Boom: Large Homes as Lucrative Investments

02nd November 2023

One positive to come from the COVID lockdowns is the rediscovery of the great British getaway. Families that would usually fly to warmer climates are staying right here in the UK, and even going on holiday with friends and families to maximize the experience. According to statista.com, the trend for staycations remained strong in the […]

Residential Market Shows Resilience and Positive Trends, High-End Segment Remains Strong

08th June 2023

Savills’ residential update highlights a positive housing market, with improving conditions and stable high-end segment. Market-wide sales are approaching pre-pandemic levels, while deals falling through and price cuts decline. Although there were slight decreases in home values, the overall trend is positive. Mortgage approvals faced a temporary setback, but the market’s trajectory remains optimistic. Overall, the market is expected to remain price sensitive, but demand and lender measures will help mitigate downward pressure on prices.