The Market
Give and Take: The need-to-know on new permitted development rights
Several new permitted development rights, including office-to-residential and extended extensions, came into force on 30 May to allow certain works or changes of use without the need for planning permission.
The Spread of Prime London: A £2,000 psf wave
Prime London is spreading at a rate of 125 metres per year, with the traditional £1,000 psf prime benchmark value being usurped by a new wave of £2,000 psf properties, according to a new report by CBRE.
PCL sales prices carry on up as rental market shows life
Prime central London house prices are now 58% above their 2009 low, having risen by 7.2% over the last 12 months, according to the latest from Knight Frank.
Number of discounted prime properties falls to lowest level in three years
The proportion of price-reduced £1m+ properties has fallen from 27% to 18% over the last 12 months, the lowest its been since the Summer of 2010, according to Primelocation.
The Law Review: Judicial reviews, squatters, office-to-resi and social media
Mishcon de Reya's Real Estate team gives the skinny on the latest machinations in property law, including office-to-resi permitted development rights, changes to the judicial review system, squatters,…
UK property over-priced by 31% – OECD
House prices in the UK are 31% too high in relation to rents and over-priced by 21% compared to incomes, according to research by the OECD.
Office to resi rules in play from today
New permitted development rights that allow the conversion of unused office space into residential use come into force today, although 17 local authorities, including swathes of London, are exempt from…
The parable of the wind, the sun and the developer
Rather than bullying developers to build out their land banks, Boris should take heed of a simple parable, says Trevor Abrahmsohn...
Boris….bless your heart.
Prime waterfront property sails ahead
Buyers in the South West should be prepared to shell out a whopping 66% premium if they want a prime spot on the waterfront, according to some new research from Knight Frank.
“Sea change” in London’s rental market – Cluttons
Nearly half of London's population now rents, compared to a national average of 30%, according to a Cluttons-commissioned report by Reading University's Professor Michael Ball.
Rozzers of Rent: Why lettings agents shouldn’t be on immigration duty
It's already tough enough being a letting agent, what with all the money laundering and cannabis farms, says James Bailey;
A year on, what has NPPF done to the housing supply?
Has the National Planning Policy Framework had the intended effect of smoothing the way for housing delivery in England, asks Savills' Melys Pritchett.