Government threatens to shut down property developers that don’t pay cladding dues
Michael Gove "has made clear he is willing to explore taking further steps to ensure the only participants in this market are those who have committed to resolving this [building safety] crisis," warns the Department for Levelling Up, Housing & Communities in a letter to residential property developers.
Property developers told to foot £4bn cladding bill, or government will ‘impose a solution in law’
Housing Secretary Michael Gove has written an open letter to the property industry, insisting that developers "must pay to fix the cladding crisis that they caused" - and agree a fully-funded action plan…
‘Green action not words’: RedBook pledges to pay for client’s projects to go carbon neutral
"We recognise the opportunity we have to be a ‘green influencer’," says Redbook Agency's CEO Tom Adams, as the firm commits to a major environmental initiative.
Galliard ‘caves in’ to Gove’s cladding call
High-profile property developer agrees to government demands to pay cladding scandal costs, reportedly accusing the Housing Secretary of acting like "Al Capone".
Most read
DDRE unveils ‘next-gen’ advisor platform & big expansion plans
Daniel Daggers' top-end property firm is looking to add 70-100 new advisors by the end of 2026.
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
By PrimeResi
Bond-themed triplex at Twenty Grosvenor Square seeks £25k per week
In Pictures: 5,750 sq ft trophy apartment goes up for rent at Four Seasons-branded scheme in Mayfair.
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
By PrimeResi
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
Savills reports 'robust' activity across the fashionable PCL neighbourhood, completing a string of super-prime sales & lettings deals.
Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
REDD appoints new director to lead private client growth drive
The luxury real estate firm is expanding its bespoke services offering for HNWIs, family offices & investors.
Interview: Rhodium’s Richard Petrik on ‘mobilising’ London’s most luxurious developments
Top-end specialist reveals how schemes are transformed from building sites into turnkey addresses for the world’s most discerning buyers.
LATEST ARTICLES
Reeves turns back on income tax rise
Prime property taxes are likely to be in the Budget crosshairs as the Chancellor looks to keep manifesto commitments.
By PrimeResi
Sotheby’s International Realty expands in Italy
Bolzano is the brand's 15th Italian office location.
By PrimeResi
Burrows to head expanding brokerage’s New Homes division
Seasoned new-build specialist brings senior-level experience from Strutt & Parker, CBRE & John D Wood.
Behind the Schemes: Reinventing a Georgian townhouse in Notting Hill
Hamilford Design & Luxe Projects London walk us through the 14-month transformation of a traditional period property into a luxury family residence.
Tracking the impact of the Elizabeth Line on rental values
Average rents along the crossrail route have rocketed compared to the wider London market.
By PrimeResi