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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Interview: Knight Frank’s resi chief Tim Hyatt on navigating a ‘complicated’ market & how the business is planning for the future
'I don't think I can ever remember being in such a confused, complicated, exciting market': PrimeResi discusses digital modernisation, industry fragmentation & market predictions with the high-profile…
New recruit brings ‘fresh perspective’ to super-prime agency in Mayfair
Talya Reuben has joined Harvey Cyzer's team at OB Private.
Rare resale for super-prime Chelsea Barracks home
Knight Frank’s Belgravia office is celebrating a big deal that closed after just one viewing.
By PrimeResi
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
Qatari Diar & Canary Wharf Group unveil final Southbank Place apartments
First Look: JV partners enter home straight at Thames-side mega-scheme, debuting new building designed by Stanton Williams & Albion Nord.
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
Savills has welcomed the arrival of 'a new breed of super-prime tenant' in the capital, while UK SIR flags a rise in high-value 'try before you buy' rentals.
By PrimeResi
What do clients really want? Six big design trends for the year ahead
How will evolving tastes & preferences shape the design landscape in 2025 and beyond?
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Knight Frank claims dominance in London’s prime & super-prime markets
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'Museum in the sky' at luxury Foster + Partners project showcases works never before seen in NYC.
Postcard from New Zealand: Optimism is on the rise in Auckland
Peter Thompson of Barfoot & Thompson/Luxury Portfolio International reports on a 'strong increase' in luxury property sales as both supply & demand build.
Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
'Rightmove’s latest 18% price hike is outrageous,' rails Trevor Abrahmsohn. 'But what do the agents really expect now that they have lost control of OnTheMarket?'