Over a third of property experts believe tax restrictions announced in the 2024 Autumn Budget will be a key barrier to real estate investment this year, according to RSM UK’s Real Estate 360 survey. Research commissioned by leading audit, tax and consulting firm RSM UK shows that 35% of businesses said that additional tax restrictions will […]
In January 2025, the number of registered company insolvencies in England and Wales was 1,971, 6% higher than in December 2024 (1,852) and 11% higher than the same month in the previous year (1,780). The construction industry experienced the highest number of insolvencies in the 12 months to December 2024 at 4,032, making up 17% […]
Bristol Zoological Society has exchanged contracts with independent housebuilder, Acorn Property Group, on the sale of the former Bristol Zoo Gardens site in Clifton, Bristol. The exchange, facilitated by Savills, follows planning consent in April 2023 for the creation of 196 new homes (20% affordable), a new public park with year-round access, opening up the […]
NatWest Group has announced an updated package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures. Through a new ambition of £7.5bn of lending (New funding gross of repayments and amortisations) over three years from 1 January 2024 to […]
Global construction costs are set to rise by up to 7% in 2025. The boom in key sectors, such as digital infrastructure and renewable energy, offers obvious opportunities for growth. But the industry still faces geo-political and economic uncertainty, which will continue to disrupt supply chains and increase prices. The findings are captured in ‘Building a […]
Responding to the government’s Land-use Framework consultation, Roger Mortlock, CPRE chief executive, said:‘Land is a finite resource. However, this simple truth rarely seems to influence how we use the limited supply we have. Our land is under more pressure than ever, with demand set to soon outstrip supply unless ill-judged decision making is replaced by a more strategic and joined-up […]
Savills has been appointed to bring a prestigious Strategic Land Portfolio to the market in the highly desirable locales of Bearsden, Lenzie, and Milngavie totalling 80.37 hectares. Comprising three prime land sites, each presents an opportunity for significant future residential development subject to planning consents. Bearsden Site: Spanning 29.6 hectares and situated at Langfaulds Farm, […]
In 2024, the number of registered company insolvencies in England and Wales was 23,872, 5% lower than the number of insolvencies in 2023, which saw the highest annual number since 1993. The construction industry experienced the highest number of insolvencies in the 12 months to November 2024 at 4,102, which makes up 17% of all […]
Aarin Chiekrie, equity analyst, Hargreaves Lansdown:: “Taylor Wimpey remains on solid ground, despite a steep share price decline in the final months of 2024 as the UK Budget, sticky mortgage rates and economic fears weighed on the whole sector. Underlying performance was good, with sales rates having improved over the last year and completions coming […]
The Planning Alliance, a multi-disciplinary group of cross-sector, built environment organisations, has kicked off the process of hiring a Programme Manager to lead the implementation of an action plan to improve public sector planning. The Planning Alliance initiative is being managed by the Planning Officers Society (POS), with the support of a core group that includes the Ministry of […]
