Construction supply chain issues ‘are going to significantly impact the delivery of completed new homes’
“Build cost inflation is the most talked about topic in the land market at the moment, and it is anticipated that this will not ease in the short term," warns Knight Frank. "This, combined with delays in the planning system, are going to significantly impact the delivery of completed new homes in the market.”
Virus fallout ‘will put significant pressure on supply chains’ but could quell rising construction costs
"When we come out of this, we may well end up working differently, and many [building] companies where they are able will look to significantly shorten supply lines," says Knight Frank.
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
Developers are ‘on track’ to deliver one million new homes by 2020
More units are being built, says Savills, but we need more development in the South East
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RIB recruits top Sotheby’s agent in ‘significant’ prime resi push
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
In Pictures: Inside eight ‘completely hidden’ new homes on Mayfair’s only private gated street
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
‘Disruptive’ country property agency hits £220mn in sales
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
What’s top of the wish list for super-prime tenants & buyers in 2023?
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
London property consultancy recruits director of private clients
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Buyer sought for ‘exceptional’ Chelsea development site
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
‘Extraordinary’ Thames-side mansion, once home to the Fortnum family, offered for £5.5mn
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
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