Savills results show revenue and profits were up in 2025, with the international property adviser reporting a strong finish to the year in the UK residential market once concerns faded over the Autumn Budget.

Simon Shaw (pictured), Group Chief Executive of Savills plc, says: “Despite the well-rehearsed challenges of tariffs and fiscal uncertainty, the Group has delivered a strong performance across the board.”

The Group has delivered a strong performance across the board.”

He adds: “We continued to build strong transactional pipelines and were well positioned as clients’ confidence and appetite to transact accelerated into Q4.”

Group revenue rose 6.1% to £2.55billion for the year to 31st December, while underlying profit before tax increased 11% to £145.3million. Savills said growth was reported across all four business areas and all three regions globally.

UK market core

The UK remains a core market for the business, accounting for around 40% of group revenue, while the UK residential agency operation accounts for around 68% of the company’s residential transactional revenues.

The prime residential markets were adversely affected by heightened uncertainty during the year, with speculation over potential tax changes for higher-value properties contributing to a significant slowdown in activity during the second and third quarters.

Overall, UK residential transactional revenue fell 4% to £199.7m during the year, with underlying profit declining 9% to £18.1m.

London down

Transactions worth more than £5m in London were down 11% during the year, while prime London prices fell 2.2% and were down 3.9% elsewhere in the country.

However, the market improved significantly towards the end of the year. Savills said that following the Budget, and with greater certainty for buyers, transaction activity picked up sharply and its residential business saw a strong end to the year with a high volume of completions.

Looking ahead, Savills reports it has entered 2026 with strong transactional pipelines and expects progressive growth in activity across its key markets. In the UK, the positive momentum seen after the Budget has continued into early 2026, suggesting improving conditions for the market after a more uncertain period during much of last year.