SavillsSavills plc is a global real estate services provider listed on the London Stock Exchange. We have an international network of more than 500 offices and associates throughout the Americas, the UK, continental Europe, Asia Pacific, Africa and the Middle East, offering a broad range of specialist advisory, management and transactional services to clients all over the world.
Savills residential news
Research by Savills has shown that the price of London residential property has grown “an unprecedented level” over the past two years.
Savills’ latest research takes a look at the five year house price forecast for the UK’s residential property market.
In the Spring of this year we published Rental Britain in conjunction with Rightmove. The report concluded that by 2016 another 1.1 million households will have joined the private rented sector swelling the total to around 5.9 million.
In this report Savills’ review the supply of land for new housing in London, when the land is likely to come forward for development and the market segment in which each scheme is likely to be launched.
Residential property is now a two-way street. An asset that used to be viewed as something in which you invested your income in order to create capital has become a capital asset that people are putting equity into in order to obtain an income.