Asian Investors Changing Their Investment Habits in London Property

        The Far East is well known as a demand hot spot for new builds and off plan purchases and is often a first stop for developers or sales agents marketing any new scheme in London. However the recent Savills auction demonstrates an increased appetite by this demographic for secondary stock or […]

Confusing Property Market Signals

For the third consecutive month house prices in the UK have fallen according to intelligence group Hometrack.  The decrease in price comes as public interest weakens, with estate agents reporting a 2.9% decrease in the number of people registering with them during September, and an ever increasing number of new homes coming onto the market […]

Housing Prices outpace Cost of Living

A Savills study has shown that London housing prices have risen 17% higher than a year ago. While still off from their peak levels this is a sign that the property market is recovering. What is interesting is that the Consumer Prices Index, a measure of the overall cost of living taken by the Office […]

Savills Sees a 24% Fall Of Pre Tax Profits

The current turbulent conditions that exist in the global commercial property markets have taken a toll on Savills’s shares, with a 24% fall in full-year pretax profit to £25.2m from £33.2m a year earlier. According to Savills’ publication of results for the year to end December 2009, shares declined 1.85% or 6.80p to 361.30p The group’s […]

Auction Rooms Filling Up Again

The New Year started with auction rooms filling up with a variety of determined developers and investors who survived the economic downturn and they are buying more than ever before. In the spring of 2009 there was an increased activity in the auction room as prices fell by 25 per cent. All of the sudden, […]