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 to the "dark days of the 80s" could be on the cards if materials shortages aren't resolved soon.
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
Government launches new Building Safety Regulator; demands ‘immediate action’ from building owners
Robert Jenrick's Housing Ministry says it is "committed to delivering the biggest change in building safety for a generation"; threatens to name-and-shame non-compliant building owners.
By PrimeResi
Building Safety Bill promises ‘the biggest changes to building safety for nearly 40 years’
The Government has published a draft of its Building Safety Bill, including details of the New Homes Ombudsman.
By PrimeResi
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Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
By PrimeResi
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Rich List 2025: Britain’s 50 wealthiest property tycoons
How did the UK’s biggest real estate players fare amid the turmoil of the last 12 months?
‘Britain’s most daring property developer’ to race in 14,500km motor rally
John Caudwell has been inspired by the links between the famous Peking to Paris Rally and his £300mn resi project on the French Riviera.
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
In Pictures: ‘One of the finest country estates in southern England’ seeks £58mn
Agents have been instructed to find a buyer for the extraordinary Laverstoke Park in Hampshire.
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
By PrimeResi
Mayfair resident ordered to undo unlawful basement works at historic townhouse
'Those who ignore planning rules will be held accountable,' Westminster officials warn.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
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Rich List 2025: Britain’s 50 wealthiest property tycoons
How did the UK’s biggest real estate players fare amid the turmoil of the last 12 months?
In Pictures: ‘One of the finest country estates in southern England’ seeks £58mn
Agents have been instructed to find a buyer for the extraordinary Laverstoke Park in Hampshire.
PCL agency Russell Simpson teams up with NYC brokerage Leslie Garfield
New partnership will see the longstanding boutique property firms sharing market knowledge and cross-promoting 'exceptional' listings.
Rightmove flags surge in American demand for British homes
Scotland overtakes London as top target for US buyers, with investment interest leading the charge.
By PrimeResi
Prime Central London ‘is now a buyer’s market in many respects’ – Winkworth
Estate agency reports 'confident' start to 2025 in PCL despite fewer sales & deeper discounts
By PrimeResi