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During 2017, urban land values rose 24% in Manchester, compared with the UK average of 4% growth, reports the global real estate services provider.

Savills’ research on ‘UK residential development land’, published in late January 2018, identifies strong house price growth in a relatively affordable market as a key reason behind Manchester’s leading position. The company points out that house prices increased by 8.6% (October 2016–October 2017), more than double the national average (4.2%). The number of land buyers bidding for residential sites across the city has also increased, including competitive offers from housing associations, not just PLCs.
 

Despite the ‘Beast from the East’ and heavy snowfall that hit the UK recently, we were fortunate enough to remain fully up and running. That’s all thanks to our dedicated people.

Getting to work proved a mission for many of our employees, including driving long distances, walking in and setting off early each crisp morning. Our Head Office, like so many businesses, seemed to be transported to Lapland for a few days. Thanks again to all who made it in and here’s to spring.