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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Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
By PrimeResi
Grand Registry: Surveying last month’s biggest registered deals
Super-prime sales in Chelsea and Knightsbridge lead latest rundown of officially-recorded transactions.
In Pictures: Touring a rare Adam Brothers townhouse in Marylebone, asking £27.5mn
Brokers are expecting global interest in this 'generational opportunity' on Mansfield Street.
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NYC lines up ‘pied-à-terre tax’ on $5mn+ second homes
State-first measure targeting ultra-wealthy and global elite announced by Mayor Mamdani.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
By Tom Bill
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
Prime London sales market still struggling as uncertainty reigns
LonRes reports another poor month in the capital's high-end property market, with deal volumes and prices both down - but rising under offer numbers suggest there's demand out there.
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.