News

House prices record highest January surge since 2020

18th January 2024

House prices record highest January surge since 2020

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.

Optimism Grows for 2024

15th January 2024

Optimism Grows for 2024

In light of the positive shift in sentiment at the close of 2023, the financial market now mirrors an increasingly optimistic outlook for 2024. SONIA swaps, instrumental in hedging real estate debt, have seen a decline, aligning with improved inflation sentiment in the UK. Consequently, many lenders are adjusting their fixed-rate offerings, with residential products featuring margins as low as 0.5% above the Base Rate.

Savills Residential Research Update

18th December 2023

Savills Residential Research Update

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

UK Holiday Accommodation Sector Rebounds with 21% Growth

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

The British Staycation Boom: Large Homes as Lucrative Investments

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

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

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.

Mallord Mews development nears completion

27th July 2022

Mallord Mews development nears completion

Our latest project in Margate, Mallord Mews is approaching completion. This exceptional development consisting of 8 two-bedroom townhouses is inspired by the 19th Century St. Paul’s Studio’s on London’s Talgarth Road. Light floods every room in the complex thanks to huge imposing windows and an innovative gallery design. Described by the selling agent as “truly […]

Margate development, wins Town Pride Award 2022

14th July 2022

Margate development, wins Town Pride Award 2022

Our Palm Bay development on Margate’s seafront has won the prestigious Town Pride Award 2002, given by Margate Civic Society. The stunning Art Deco inspired development comprises nine luxury appointed apartments, many overlooking the sea in uber trendy Margate. The award is given in recognition of those developments and developers who have enhanced the built […]

Strong signs for the UK Housing Market in 2021

23rd March 2021

Strong signs for the UK Housing Market in 2021

The UK housing market in 2021 will see growth of up to 4%. North of England and The Midlands will experience the strongest expansion, so says national estate agency Savills in their annual housing market report, covering the next five years.   Despite the catastrophe wrought on many sectors of the economy by Covid-19 and […]

Trends in property development

02nd March 2021

Trends in property development

Understanding our approach to finding the key trends in Property Development. Like so many things in life, they say that the key to success in the property development sector is being in the right place at the right time. This statement applies ideally to Margate which has been our focus for the last four years […]