Building material costs ‘continue to rocket’
Bricks are in short supply - with some waiting times in excess of 12 months - while the price of insulation materials have escalated by 16% in the last year
Building material costs likely to rise by 10% over the next year
Construction growth - led by the private housing sector - is placing new pressure on labour and supply chains, warns the RICS.
By PrimeResi
Building material shortages are putting site works on hold
Architects and builders are reporting significant issues with the supply of building materials, causing on-site delays and escalating prices.
By PrimeResi
Building material shortages are causing an ‘adversarial atmosphere’, warn lawyers; could ‘rewrite the rule book’
“Contractors and developers alike are being left in completely untenable positions because the cost of developments is varying so greatly," says law firm Womble Bond Dickinson, warning that a return…
By PrimeResi
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Federation of Master BuildersMost read
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
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