Gove threatens to block 11 housebuilders who missed the developer remediation contract deadline
The majority of big-league residential property developers have agreed to Michael Gove's terms, but 11 missed the deadline to sign the government's building safety remediation contract - and 'will be prohibited from carrying out major development or from receiving building control approval' until they sign on the line.
Slovakia’s JTRE snaps up PCL developer Sons & Co; secures £177m loan for South Bank scheme
JTRE has agreed a hefty construction loan on its £400m Triptych Bankside project next to Tate Modern, and acquired the well-known boutique development firm Sons & Co
By PrimeResi
High Street Group picks up Knightsbridge penthouse developer
Newcastle-based property firm looks to capitalise on changing planning rules, acquiring modular specialist First Penthouse in a 'multi-million pound' deal
By PrimeResi
Bumper profits continue for big-league housebuilders
Following on from Redrow's impressive 21% leap, the UK's biggest player, Barratt Developments, reports a 9.2% jump in pre-tax profit;
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
LATEST ARTICLES
Buying agency Black Brick boosts team with trio of hires
Former Prime Purchase director Alex Oliver is among three new additions to the firm’s London-based operation.
‘Defined by caution & tight viability’: How the resi development landscape has shifted this year
Housebuilders started 2026 with some optimism, reports Oliver Knight, but that 'proved short-lived' in the face of global uncertainty, rising construction costs and escalating interest rates.
Grosvenor reports ‘muted’ returns in 2025 despite ‘strong performance’ in the UK
Property company's North American operations struggled while London out-performed last year.
By PrimeResi
Savills reshuffles leadership in Brook Green and Cirencester
Former Winkworth director Ben Hunt joins to lead west London office as Paul Christian takes up senior residential role in the Cotswolds.
‘Short-sighted policy of trying to extract money from those with second homes is backfiring’ – claim
Colliers says double Council Tax rates are actually reducing tax revenue from holiday home properties.
By PrimeResi