Just 8.5% of private rental homes are likely to be affordable to Universal Credit claimants, despite increases to the amount of housing benefit they can access from next month. Local Housing Allowance will increase from 1 April for the first time since April 2020. Yet Savills research has found the
Savills
An extensive mixed-use development site at the gateway to west Edinburgh at Maybury has been purchased by sustainable regeneration specialist Summix. In a deal brokered by Savills for the sellers Saica, with Scarlett Land and Development Ltd acting for the purchasers, the prime 15.5-acre residential
The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
The time required for Build-to-Rent (BtR) planning applications to be determined has significantly increased over the past decade, with 40% of sites achieving detailed planning permission last year taking at least a year to do so, according to the British Property Federation (BPF). Analysis conducte
New research has found approximately a quarter of all luxury new build homes in UK towns and cities are being bought by over 60s.
After a period of exceptional strength, the Scottish development land market slowed over Q4 2022 as wider market uncertainty took hold.
While the finalised version of the National Planning Framework 4 (NPF4) has environmental considerations at its heart, Alastair Wood asks whether it will have the ability to deliver on the Scottish Government’s 2045 net zero ambitions and whether planning will still be able to support the
Construction is commencing on a new neighbourhood in St Andrews where 30% of homes will be affordable. Savills Development completed on the sale of the 17 hectare site to David Wilson homes, just 1.5 miles to the south east of the historic town centre.
The UK Government's plan to extend the Right to Buy (RTB) their home to all housing association tenants in England is a "retrograde step" that could erode the supply of affordable housing, it has been warned.
Westpoint Homes has purchased a city centre residential development site with detailed planning permission for 92 units, just one mile south east of Glasgow City Centre at Old Rutherglen Road in the Gorbals area.
Strategic landowner Lands Improvement, owned by Telereal Trillium, has concluded the sale of residential development land to Bellway Homes Scotland Limited, with Savills Development Team representing the vendor.
Plans to create a residential-led development that will transform a 15.5-acre factory site in Edinburgh with new homes, community amenities and access to a new transport hub have moved forward with the acquisition of the plot of land.
The unceasing demand for Scottish development land has driven strong growth in land values and high levels of investor activity over the last quarter, according to a new report from real estate advisor Savills. Indeed, growth in Scotland greenfield values reached 9.3%, the highest level of all UK re
The number of build-to-rent homes completed, under construction or in planning across Scotland rose by 19% in 2021 to 12,793, new analysis has found. The research, which was undertaken by the British Property Federation (BPF) in partnership with Savills, highlighted that the number of build-to-rent
The scale of the challenge facing the UK’s real estate sector in achieving net zero, with particular difficulties facing the residential sector due to its scale and the need to incentivise owner-occupiers to make improvements, has been highlighted in new research by Savills.