The Market
Housebuilder warns on ‘severe’ lack of construction workers
Major housebuilder Weston Homes has warned that a "severe" shortfall in skilled workers is the biggest challenge facing the industry as it aims to hit the Government's target of 200,000 new homes by 2020.
Bori
Stocks & Scares: How will China’s financial turmoil affect the UK property market?
The UK resi market may have lost some of the 'like-to-buys’ recently, but there is still no better place to invest your money, says Trevor Abrahmsohn...
Afte
Tough new clean construction rules come into play for London sites
Construction site managers throughout London are now required to retrofit or replace old, polluting machinery in "a world-first step" to help clean up the capital's air and reduce damaging emissions from…
£30m Surrey super-home offered off-the-shelf
Hush Developments and Surrey agency Barton Wyatt have begun pitching HNW buyers with an off-the-shelf mega-home that could be worth up to £30m and take around two years to build.
Agency calls for urgent SDLT review as top end deals tumble
A Knightsbridge estate agency has beseeched the Government to reconsider the new stamp duty pricing structure after it emerged that £2m+ sales have fallen by 38% in London.
Pa
Stable Investment: Mayfair mega-mews sells for record price
It looks like a Fenton Whelan project in Mayfair has just become the world's most expensive mews house.
Required Reading: Selling a property with a nuisance neighbour
Trying to shift a property with a nasty neighbour can be pretty nightmarish, but a recent ruling could provide some hope for harangued homeowners, explains Ed White...
It is
Parkside premium soars as wealthy buyers prioritise London’s green spaces
New research has shown how properties on the fringes of London's Royal Parks have outperformed the rest of PCL by quite the margin in recent years.
Grand Registry: Latest £10m+ transaction round-up
A paltry six £10m+ deals were recorded by the Land Registry in its July transaction update, the most expensive being a £12.9m flat on Belgravia's Chesham Street.
Houses
Residence One bags a bargain in Belgravia
Grade II listed townhouse on the best side of Chester Square acquired at £1,406 per square foot just before the General Election, the lowest price paid on the square in years
Land Registry stats show scale of London’s £2m+ sales slide
The latest data dump from the Land Registry has shown a monthly price increase of +1.7% across England & Wales, bringing the annual change to +4.6%. Transaction levels have taken a right pounding though.
London’s off-plan sales strategy is ‘likely to give way’ to a more owner-occupied model – BNP Paribas
London's property prices will be "around 80% ahead of the peak of the market prior to the financial crisis" by 2020, says BNP Paribas, although the top-end - above £5m - is "still set to decline in va…