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KEYWORD "Lucian Cook" - 61 RESULTS
Interest rate cuts more important for housing than election - claim

Affordability is a bigger factor for buyers than the confirmed General Election, Savills claims. Prime Minister Rishi Sunak has set a date...

24 May 2024

From: Breaking News

Interest rates held but agents pin hopes on falling mortgage pricing

Agents remain typically optimistic about the property market after interest rates were been held at their 16-year high of 5.25% by...

10 May 2024

From: Breaking News

Savills makes drastic U-turn on housing market forecast for 2024

Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year...

07 May 2024

From: Breaking News

Buyer confidence hits two-year high despite General Election - research

The majority of buyers and sellers in the prime housing market will not be deterred by the upcoming General Election, according...

05 April 2024

From: Breaking News

Savills: PCL prices have stopped falling

Prime central London (PCL) property values flattened out during the first quarter of 2024 after six consecutive quarterly falls, figures suggest. Analysts...

02 April 2024

From: Breaking News

Property Natter - Business as usual with the new normal....if the price is right

I was chatting to a genuine city gent the other day (someone who has enjoyed a career in suits, ties, shares...

02 March 2024

From: Features

Revealed! The areas where downsizers could earn the most (and free-up housing stock)

Downsizers across England and Wales could unlock an average £305,090 by moving from a four bed to a two-bed home, according...

22 February 2024

From: Breaking News

UK housing stock value dips for first time since 2012

The total value of all homes across the UK has dropped for the first time since 2012. Research by Savills shows the...

14 February 2024

From: Breaking News

Savills: UK housing costs hit record high of £200bn

UK housing costs hit £200bn for the first time in 2023, according to the latest research by Savills.  The analysis of private...

08 February 2024

From: Breaking News

Number of property millionaires has dropped from pandemic peak – claim

The total number of property millionaires fell last year as the ‘race for space’ reversed, research suggests. Analysis by Savills has revealed...

23 January 2024

From: Breaking News

Housing market is past ‘peak pain’ - Savills

The UK’s housing market is past ‘peak pain’ and looks set to bottom out in mid-2024, according to Savills. The agency giant’s...

08 November 2023

From: Breaking News

Interest rates unchanged but it’s not the end for house price drops

The Bank of England has held off on further interest rate rises for now but agents warn that there is still...

22 September 2023

From: Breaking News

‘Welcome news’ for buyers as inflation rate drops

The rate of inflation slowed from 6.8% to 6.7% in August, providing hope for homebuyers when it comes to high mortgage...

21 September 2023

From: Breaking News

Mortgage approvals bounce back but home loan rates rise

Mortgage approvals bounced back in March but buyers are borrowing less at higher rates. The latest Bank of England data has showed...

05 May 2023

From: Breaking News

Over-65s’ housing wealth hits record high as generational property divide grows

The amount of housing wealth owned by the older generation has reached a record level, new figures show. The data, from agency...

02 May 2023

From: Breaking News

'Unhelpful' interest rate rise hits the housing market

Estate agents have expressed hope that the latest interest rate rise is the last after the Bank of England increased the...

24 March 2023

From: Breaking News

Owner-occupiers have become main drivers of home values – Savills

The total value of all homes across the UK hit record levels by the end of last year and it is...

27 February 2023

From: Breaking News

HMRC: Property sales are falling

The level of property sales in the UK is declining, HMRC has suggested, after it revealed that transactions dipped for the...

22 February 2023

From: Breaking News

‘Race for space’ has created more property millionaires - claim

The number of property millionaires in Great Britain has “shot up,” with one in 40 homes now valued at £1m or...

09 February 2023

From: Breaking News

Mortgage approvals hit 19-month low

Lenders approved the lowest number of mortgages since May 2020 in December. The latest Bank of England data shows mortgage approvals for...

01 February 2023

From: Breaking News

Major agent predicts 10% house price decline next year

House prices could fall by 10% next year as higher mortgage pricing and rising inflation dampen buyer budgets, Savills has warned. The agency...

04 November 2022

From: Breaking News

Mortgage rush predicted as interest rates hit highest level since 2008

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost...

23 September 2022

From: Breaking News

Property sector calls for targeted stamp duty cuts

Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...

22 September 2022

From: Breaking News

Savills calls for change in attitudes to downsizing

Downsizing could become more attractive to older homeowners as the cost of living crisis intensifies, Savills claims. It comes as analysis by...

01 September 2022

From: Breaking News

Homes with EV chargers will sell at a premium due to public shortage

Accessibility to charging facilities is becoming an increasingly important factor for home buyers in affluent neighbourhoods where electric vehicle adoption is...

14 June 2022

From: Breaking News

Savills warns house price correction chatter is overstated

House price growth is set to slow but talk of a correction is overstated, Savills claims. The latest house price forecasts from...

01 June 2022

From: Breaking News

Agents remain positive despite sales slump

Property sales slumped in April but are still above the pre-pandemic average, HMRC data shows. Provisional UK property transaction figures from the...

25 May 2022

From: Breaking News

Pandemic helps push up the number of half a million-pound hotspots

The number of areas where the average house sale price exceeded £500,000 has surpassed 15% of Great Britain for the first...

16 May 2022

From: Breaking News

Buy a home for under £150,000? You’ll be lucky…

The number of locations where average house prices still stand at below £150,000 has shrunk by 28 per cent in recent...

06 January 2022

From: Breaking News

Stamp Duty could be changed to promote energy efficiency - top agency

A leading estate agency says the government may have to use stamp duty and council tax as incentives to persuade owners...

09 November 2021

From: Breaking News

Recovery signs at last for Prime London prices

Prices in prime central London have risen for the past two quarters, prompting a tentative claim that the market may be...

05 October 2021

From: Breaking News

2021 price rises could unwind next year - but no major correction

One of the leading housing market analysts says some of the extreme house price rises seen this year could unwind during...

28 July 2021

From: Breaking News

Transactions and prices to boom over next five years - forecast

Transactions and house price forecasts for the mainstream housing market are being revised upwards by Savills following the Budget. The new predictions follow an...

09 March 2021

From: Breaking News

Agents’ delight as stamp duty extension helps another 300,000 deals

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates...

25 February 2021

From: Breaking News

Country houses are big winners from the pandemic, say agents

The pandemic has reignited the flagging country house market and boosted demand for larger homes with gardens, claims Savills. Larger country houses...

30 December 2020

From: Breaking News

Speed of conveyancers and lenders will decide short-term market - claim

Savills says the shape and size of the housing market in the coming months will be determined by the capacity of conveyancers...

22 October 2020

From: Breaking News

£1m-plus sales soar but will future buyers beat stamp duty deadline?

Sales of £1m-plus homes have surged since lockdown as affluent buyers seek more space and lifestyle changes.  An average of 868 £1m-plus...

20 October 2020

From: Breaking News

Hundreds of thousands extra sales thanks to SDLT holiday - claim

Savills has boosted its forecast for housing transactions this year because the stamp duty holiday has been such a success at...

01 October 2020

From: Breaking News

Prime house prices to fall across Britain despite mainstream market surge

In the week the Nationwide recorded the UK’s highest ever average house price, high-end agency Savills has forecast that prime markets...

04 September 2020

From: Breaking News

Prime central London prices to fall this year despite recent boost

Savills has revised its market forecast for the enclaves of prime central London and now says prices will fall by 2.0...

10 July 2020

From: Breaking News

2,000 vendors and buyers kept in touch via agency’s mass webinars

Savills has kept in touch with almost 2,000 of its vendors and prospective buyers through two mass webinars. Entitled ‘What COVID-19 means...

28 April 2020

From: Breaking News

Brexit blues mean it's becoming a buyer's market, warns Rightmove

The price of property coming to market fell by 0.2 per cent or an average of £656 in the past month...

15 July 2019

From: Breaking News

Competitive bidding and sealed bids make ‘surprise return’ to Prime London

The practices of competitive bidding and sealed bids have made a 'surprise return' to the Prime Central London (PCL) property market,...

05 July 2019

From: Breaking News

Property Natter - events agents need to keep an eye out for

With Easter now upon us (happy Easter, by the way, and hope you’re enjoying the long weekend, the Easter eggs and...

20 April 2019

From: Features

Brexit, not stamp duty, is biggest problem for high-end sales market, says Savills

Savills, which in the past has been restrained in its critique of Brexit’s effect on the housing market, now says that...

04 April 2019

From: Breaking News

Huge house price falls bring super-rich back to central London

High-end agency Savills says London’s super-rich are now buying and selling more actively than a year ago.  The agency says London’s so-called...

25 January 2019

From: Breaking News

Property Jobs Today - the latest moves in and out of our industry

It’s not just the Cabinet and the government where jobs are in flux - there are plenty of moves to announce...

19 November 2018

From: Breaking News

Market gloom from Savills: London, SE and Buy To Let downbeat for years

Savills has issued its forecast for the housing market for the next five years, and while it highlights some bright spots...

02 November 2018

From: Breaking News

Agency warns about effect of interest rate rise on household budgets

A 1.0 per cent interest rate rise would add £930 a year to the cost of servicing the average mortgage, according...

27 February 2018

From: Breaking News

Savills' gloomy market warning on sentiment, Brexit and interest rates

Savills has given a pessimistic outlook for the mainstream housing market for the next five years.  It says average house prices across...

03 November 2017

From: Breaking News

Another fall in prime London prices as Savills downgrades forecast

Prime London house prices are now 5.3 per cent lower than at the time of the EU referendum admits Savills, following...

29 June 2017

From: Breaking News

More price cuts likely in prime London, agency warns sellers

The snap General Election on June 8 adds to uncertainty but does not significantly worsen the market for prime properties in...

25 April 2017

From: Breaking News

Savills talks of prime London sales 'boost' - but only after price falls

Sales of homes in prime central London improved towards the end of 2016 says Savills - but only after prices were...

06 January 2017

From: Breaking News

120,000 fewer sales next year thanks to Brexit uncertainty - Savills

Savills is the latest estate agency to warn that economic uncertainty following the Brexit vote will trigger two years of low...

04 November 2016

From: Breaking News

Savills warns of Brexit 'drag' on prices, transactions and mortgages

The credit crunch may have been the economic backdrop against which much of the housing market performance of the past 10...

06 September 2016

From: Breaking News

Brexit means fewer transactions as price growth 'slackens' says Savills

One of the first major pieces of research to come from an estate agency following the EU referendum suggests the short-term...

14 July 2016

From: Breaking News

North-South house price gap grows much bigger in 10 years

New research shows that the north-south divide over house prices is not only continuing but is getting significantly worse.  High-end agency Savills,...

22 February 2016

From: Breaking News

Shock and anger from agents at extra 3% stamp duty on some homes

There’s been shock and anger from agents - especially those in London - at the surprise news of an additional three...

26 November 2015

From: Breaking News

Interest rates - no change until 2017 according to some commentators

Economic and housing market commentators have interpreted the latest raft of Bank of England data as indicating that interest rates may...

06 November 2015

From: Breaking News

High end agents still unhappy at stamp duty effect on prime central London

Savills and Knight Frank say prime central London property values dipped slightly over the summer with stamp duty still being blamed...

01 October 2015

From: Breaking News

Agents unhappy at Osborne's Buy To Let and Non Dom measures

Agents have expressed their disappointment at the decision by the government to restrict mortgage interest relief for Buy To let investors...

09 July 2015

From: Breaking News

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