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.
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.
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.
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Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
In Pictures: Ashgrove Homes & Studio Indigo collaborate on Belgravia mews project
Luxury development and design teams complete 3,000 sq ft residence on one of PCL's sought-after cobbled backstreets.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
Luxury developer sells pair of trophy homes - including the former residence of ballerina Margot Fonteyn - in fresh boost for PCL market.
In Pictures: Met-linked Palladian masterpiece hits the market at £12mn
Oxfordshire’s Grade I listed Kirtlington Park sits in the very top echelon of England’s country houses, says Savills, as it lands another trophy instruction.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
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Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Prime Property & the Renters’ Rights Act: What still sits outside the rules?
A month on from the introduction of the biggest rental reforms in a generation, property lawyer Edward Cooper looks at the exemptions and grey areas that still require careful navigation.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Freehold Marylebone mansion block sells at auction
Great estate has owned the land since 1715.
Vast Monaco penthouse offered for rent at €180k per month
Unica Capital has made an ultra-prime buy-to-let investment, 'responding to a clear shift in how the Principality's most discerning residents want to live.'