Savills has raised more than £475m through its property auctions during the first half of 2026, exceeding the total achieved in the same period last year by £55m.
The milestone follows the firm’s latest auction on 23 June, which generated more than £37m from the sale of 116 commercial, mixed-use and residential lots across the UK.
Commercial property accounted for more than £162m of auction sales during the first six months of the year.
The highest-value lot in the June auction was a mews house in Belgravia requiring modernisation, which sold for £2.66m – £200,000 above its guide price after attracting strong bidding from owner-occupiers, investors and developers.
Robin Howeson, head of Savills Auctions, commented: “Our latest auction signals the halfway point for the year, and we are delighted to have raised more than £475 million in H1 across 10 individual auctions. This marks another record for the business and reflects the continued strength of our online, live-streamed format and mixed catalogues.
“While we have seen sustained momentum across both the commercial and residential markets, it is evident that competitively priced assets continue to drive the strongest engagement, with bidders demonstrating increased confidence where clear value exists. Lots offering dual-income potential remain particularly sought after, as buyers continue to prioritise assets that combine immediate returns with longer-term flexibility.”
“Savills is set to host two auctions in July, held on 14th and 28th.
Major estate agency adds new string to its bow to speed up transactions
