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".
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‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
In Memoriam: London estate agency legend Tim Maskell, 1938-2025
'Tim’s legacy in the property market continues,' says Maskells' MD.
By PrimeResi
Seismic Shifts, 2000-2025: The global events that moved the needle on London’s prime property market
Cathy Hawker explores how the fluctuating fortunes of Prime Central London can be tied to major international economic events of the past 25 years.
By Cathy Hawker
In Pictures: B&B Italia Group’s Maxalto designs ‘iconic’ Whiteley Clock Tower apartment
Clocking in at £24mn, The Whiteley's latest 'Designer Collection' apartment marks a European first for the 50-year-old interiors brand.
By PrimeResi
Prime London 25: Introducing a PrimeResi Special Report
The evolution of London's luxury property market, 2000-2025: Our 75-page report charts a truly transformative period for both the property market & the prime residential industry.
By PrimeResi
In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
Gabriel Chipperfield's design & development studio Wendover repurposes a 'much-loved' neighbourhood building for modern living.
UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
Knight Frank announces new Henley office head
Nick Warner will hand the reins to Matt Davies next month.
By PrimeResi
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Boutique private office appoints Beauchamp’s Finch to lead property division
Paul Finch has joined Liberty Rock after nearly 20 years with super-prime agency Beauchamp Estates.
By PrimeResi
Savills flags ‘historic value’ across prime London & regional markets
Some wealthy buyers 'seize opportunity' as property prices fall.
By PrimeResi
Prime prices dip as buyer choice climbs
Zoopla flags a 16-19% year-on-year jump in the number of homes listed for sale in London, the South East & South West.
By PrimeResi
In Pictures: Historic Madrid palacio transformed into 15 luxury apartments
Persepolis Investments has brought in Knight Frank to market the Touza Arquitectos-designed development.
By PrimeResi
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Savills, LonRes, Knight Frank, Handelsbanken, Henley & Partners, Foxtons & more ...