‘It takes thousands of years to form 1 centimeter of soil. Yet, it can be destroyed in almost no time at all.’ Dr. Cristiana Paşca Palmer’s words have never been more pertinent as we stare down the barrel of the climate crisis. In this final episode of the Nature-Based Solutions takeover, we explore how regenerative agriculture can bring our soil back to life, improve water absorbency and improve biodiversity, while still feeding the world.
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The revised National Planning Policy Framework (NPPF) introduces a significant change with the proposed Standard Method for calculating Local Housing Need. This update will serve as the foundation for Local Plan making. When applied across the country, the new method results in a need for 371,541 dwellings per year. This figure represents a 21% increase from the number calculated using the previous method. Consequently, over 75% of local planning authorities (LPAs) would need to plan for a higher housing requirement than they currently do. See more:
Adjustment in Housing Demand
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Electric vehicles are key to achieving carbon zero, but public charging infrastructure is lacking. Landlords can enhance their assets by installing EV chargers, and Savills has the expertise to support them. See more:
Exploring Electric Vehicle Charging Opportunities
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First-time buyers are facing significant financial hurdles, prompting many property developers to step in with assistance. New build properties come with certain perks, including a 10-year warranty, the absence of a seller chain, and improved energy efficiency. Additionally, developer incentives can make these new homes even more appealing. Research indicates that nearly a third of first-time buyers cited these incentives as a key factor in their decision to go for a new build. Various schemes and incentives are available to aid in the buying process, from contributions towards the deposit to help with mortgage repayments and 'refer a friend' programs. See more:
Support for Your Relocation Journey
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Mortgage costs have eased over the summer, thanks to the first cut in the Bank Base Rate. However, we haven’t seen the expected increase in market activity, with speculation around how Labour might raise tax revenues in their upcoming 30 October budget tempering the market. See more:
Latest Insights on Residential Trends
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In the last year, hybrid working models have really evolved! 🌍 Savills research shows that 70% of the top Global 200 firms now require 3+ days in the office each week. Many are even pushing for 4 days. Law firms, in particular, are leaning towards full-week expectations rather than a strict 5-day office rule. See more:
Maximizing Office Space: How Hybrid Models are Shaping Real Estate Strategies
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What’s shaping Prime central London? 📊 https://lnkd.in/g3QiRi9N From a global pandemic to tax changes for ultra-high net worth individuals, PCL is evolving fast. In the latest edition of ‘In Focus: Prime Central London’, our Savills experts dive deep into 10 years of data and what’s ahead—especially for non-doms. Hear directly from our agents about what’s happening on the ground.
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What has happened to supply and demand in the prime central London lettings market and how has this affected rental values? In Savills latest ‘In Focus: Prime Central London’, you will find insights from our industry-leading experts and our research team takes a detailed look at the past 10 years.
Supply and demand in the prime central London rental market
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''We trusted Savills to represent us when we weren't in the room.'' Fara and Simon. Moving with our experts means local insight, honest advice and exceptional service – every step of the way. If you're ready to sell, or simply curious about what your home is worth find out more here: https://lnkd.in/egRmXEBQ
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We look forward to releasing launch dates soon …⏳
📣 New Instruction 📣 Egremont Place has nine new high-specification three-bedroom homes with parking in Bath. Show home launching soon. Register your interest ➡️ http://savi.li/6043mBCv1 #Savills #savillsnewhomes #newhomes #newdevelopment #bath
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