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Independent mortgage brokers, Savills Private Finance, were awarded buy-to-let broker of the year at the Mortgage Strategy magazine awards, held at the Grosvenor House Hotel in London on Tuesday 5 February.

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Savills Issues Revised Residential Market Forecast

Savills Research has today issued a revised forecast for the property market anticipating total falls of 6% over two years, provided the Bank of England takes all necessary steps to halt the credit crisis.

Unlike other forecasters, Savills believes the current credit constraints, rather than affordability issues, to be the major downward pressure on the property market.

Yolande Barnes, Director of Residential Research at Savills, comments on the outlook for the UK.

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www.savills.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for mortgage advice. The precise amount will depend upon your circumstances and loan amount, we estimate that the fee will be 0.67% of the amount borrowed.Savills Private Finance Limited (SPF) is authorised and regulated by the Financial Services Authority. FSA does not regulate buy to let or commercial mortgages or taxation advice. Approved and issued by Savills Private Finance Limited, 25 Finsbury Circus, London EC2M 7EE. Date Issued 28.09.05.

Savills Private Finance Limited is a subsidiary of Savills plc. Registered in England No. 3680970. Registered Office: 20 Grosvenor Hill, London, W1K 3HQ.





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