UK house prices were down 2.6% in value during November, representing an annual drop of 14.9% since last year according to new figures from the Halifax.
Savills has published its forecast for both the UK mainstream and prime residential property markets in 2009.
Click here for more…
Research by Savills shows that the credit crunch is now affecting even the best property with values down by an average of more than 10%. This is considerably more than the 2.4% falls recorded for these properties in April.
Click here for more…
Latest figures from Savills research department show that prime regional and country house values are now being affected in much the same way as the prime London markets.
Click here for more…
According to Savills research, whilst this weeks interest rate cut may be good news for the economy and thereby provide some comfort for homeowners, the extent of the impact on the housing market could be limited.
Click here for more…
The temporary lifting of the stamp duty threshold to £175,000 is unlikely to have a significant impact on the UK housing market according to Savills residential research department.
Click here for more…
For two-thirds of second home owners with property abroad a rise in travel costs due to green taxes would not impact upon their travel to an overseas property, according to the latest results of a survey carried out by Savills Research and Holiday-Rentals.co.uk.
Click here for more…
Falling house prices may result in falling rates of divorce, as the slowdown in the economy has put pressure on many households, with struggling couples choosing not to divorce because they will have less equity in their property to share upon separation, Savills Research has found.
Click here for more…
The value of prime central London property fell by 5.5% in the second quarter of 2008. This follows two quarters of less severe falls, bringing the total fall since the peak of summer of 2007 to 9.0%.
Click here for more…
Savills Research has issued a revised forecast for the property market anticipating total falls of 6% over two years, provided the Bank of England takes all necessary steps to halt the credit crisis.
Click here for more…
Landowners need to act now to mitigate the impact of the Government’s coastal access proposals, according to Savills.
Click here for more…
RSS Headlines
