Main image: Michael Gove described leasehold as 'an unfair form of property ownership...that needs to go', pledging to bring in legislation later this calendar year
Gove declares ‘a victory for leaseholders’ as major housebuilders sign building safety pledge
"This is just the beginning," says Housing Secretary Michael Gove. "We will do whatever it takes to hold industry to account, and under our new measures there will be nowhere to hide."
Tougher building safety laws ‘to make industry pay’ for the cladding scandal
"We cannot allow those who do not take building safety seriously to build homes in the future," says Housing Secretary Michael Gove, "and for those not willing to play their part they must face consequences.
The Building Safety Act: The biggest change to building safety in 40 years
With provisions due to come into force at the end of this month, the Macfarlanes team takes an in-depth look at the new Building Safety Act - which "represents a sea change for the construction sector"…
By Fiona Bishop
Slow growth predicted for development land values as building costs climb
"Developers will need to absorb new costs, and tighten margins in order to secure sites in what we expect to continue to be a competitive market," says Savills' head of regional development.
Most read
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
By PrimeResi
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
By PrimeResi
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
LATEST ARTICLES
RBKC signs off on £10bn Earls Court scheme
Decision completes dual-borough backing for the transformation of central London's biggest cleared development site.
Branded Residences: Louis Keighley on what’s still missing from the sector
Savills' Global Residential Development Consultancy chief identifies three big opportunities in the rapidly expanding branded resi arena...
Forecast: Prime regional markets to rebound as ‘normality resumes’ in 2026
Jackson-Stops anticipates a more settled year for top-end property markets in the coming year.
By PrimeResi
Prime London Property Market Snapshot: Week 50, 2025
Our latest LonRes data confirms prime London's weakest year since the pandemic, with little sign of a post-Budget bounce in buying activity.
By PrimeResi
House price growth slowed in October, with London values down 2.4% on the year – UK HPI
'This October data captures the fridge rather than the freezer stage of the pre-Budget chill,' comments one top buying agent.
By PrimeResi