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The Latest Breaking News from Savills

New Eldon Square general manager hails city shopping centre's pandemic bounceback

Cormac Hamilton says the management team are in talks with a number of operators keen to fill remain empty units

Birmingham Post

London ranked among the top cities globally for leisure operators

New York, Seoul and London are ranked as top cities globally for leisure operators, according to new research

Evening Standard

One of Wales' best known shopping centres, Cardiff's Queen's Arcade, is in receivership

The Queens Arcade in the centre of Cardiff has been hit by falling rental income and footfall

Wales Online

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Average monthly tracker mortgage payment jumps by nearly £50 following rate hike

The average tracker mortgage payment will increase by £48.99 per month, according to figures from UK Finance.

The Independent UK

Rich buyers expand property searches to south and east London areas

London’s cheapest property hotspots, in particular those south and east of the capital, have seen the largest increase in residents with high-earning jobs

Evening Standard

Queens Arcade in the centre of Cardiff in property receivership

The retail scheme has been hit by falling footfall and rental income but a new mixed-use development remains the plan

Birmingham Post

The rise of corporate landlords: how they are swallowing city centres like Manchester one block of flats at a time

The housing prospects for young people in the UK were completely changed by the global financial crisis of 2007-09. While the government largely succeeded in rescuing the banks and the housing market, it created an environment where house prices remained high and mortgages were only available to those who could…

The Conversation

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Scottish hotel investment activity falls by a third during 2022

Savills predicts that 2023 will rebound, with year-end volumes anticipated to reach £200m

Insider UK

Industrial estates in Caerphilly acquired in a £10m deal

Springfall Properties has sold its properties to MVJ Capital

Birmingham Post

Map of all 35 Wetherspoons pubs still for sale across the UK - see full list

Wetherspoons made the 'commercial decision' to put a number of venues up for sale last year and 10 have now sold, with another 35 still on the market across the UK

Daily Mirror

Sales of £5 million-plus London mansions hit record high as super-rich splash the cash

Over 60% of second hand sales took place in traditional prime central London hotspots

Evening Standard

Surge in demand for South West farmland drives up prices

Many commercial farming buyers are looking to expand as the required scale of agriculture increases, according to Savills

Birmingham Post

Scottish commercial property investment 12.6% ahead of five-year average

Office take-up in Aberdeen rose by 96% last year, compared to 2021

Insider UK

Stunning Wetherspoon pub for sale in beautiful town just under an hour from Edinburgh

The Cross Keys pub in Peebles was recently put on the market by Wetherspoon and offers a chance for someone to create a wonderful business in one of the country's most picturesque towns.

Edinburgh Live

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Insider UK

Glasgow's 2022 food and drink openings 'the strongest in five years'

Market analysis shows activity 15% ahead year-on-year

Evening Standard

Property market forecast: as the cost of mortgages overtakes renting, should you buy a London home in 2023?

House prices may be falling but it is now cheaper to rent than to buy in the capital for the first time in 13 years. So should you jump in, or steer clear of a market in turmoil?

Daily Mirror

Swanky London two-bed flat seeks lodger for room costing a mighty £3,800 a month

An advert has been made for a person to rent a room in a two bed flat in a highly-sought after area of London for an astonishing £3,800 per month - but it does have bills included

Evening Standard

Famed A-list haunt Julie’s closes its doors after 53 years

Agents Savills appointed to sell the Holland Park institution as owners retire

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Evening Standard

New year stand-offs and price dips predicted for housing market in 2023

House sales are expected to be lower this year than in 2022 and some sellers may need to readjust their price and selling time expectations.

Nottingham Post

Nottinghamshire 'chocolate box' village ranked one of poshest in UK

It has been recognised for its desirable location, high house prices and local amenities

Evening Standard

London’s most in-demand streets where agents have to tell buyers that there’s nothing for sale

Here are the 36 most desirable streets in London, according to property experts.

Edinburgh Live

Edinburgh property: Incredible West End flat hits the market after huge makeover

Located in Rutland Square, the two-bedroom apartment is just a hop, skip and a jump away from Princes Street and Lothian Road, giving it an enviable postcode.

The Guardian - UK

Experts predict housing market will cool in 2023 as UK enters a recession

The slowdown is expected to intensify with price declines between 5% and 12%

Edinburgh Live

Fairytale Edinburgh Victorian penthouse hits the market with top floor balcony

The Victorian villa at 15/2 Oswald Road, The Grange, is enough for anyone to up-sticks and leave their current pad, boasting a top-floor balcony, four spacious double bedrooms and three bathrooms

Nottingham Post

Nottingham named one of the most expensive cities to buy house in UK

But experts think house prices are about to fall

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