Housebuilding numbers are ‘potentially on target’
A million new homes by 2020 is do-able, says Savills
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Housebuilding starts jump 23% to nearly double 2009’s low-point
The number of starts and completions on new-build homes reached their highest level since 2008 at the end of 2015, rising by 23% in Q4 compared to the same period a year earlier.
By Prime Resi
Housebuilding starts and completions slip 9%
The number of new housebuilding starts in Q1 was 9% lower than in the same period a year earlier, according to the latest numbers from the Office of National Statistics.
By Prime Resi
Record number of planning applications ‘gives London a shot at 50,000 homes target’
The number of residential planning applications in London has surged, with the first six months of the year racking up 38% more than the average rate since 2010.
By Prime Resi
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SavillsMost read
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
By PrimeResi
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
By PrimeResi
Required Reading: Government rewrites planning rulebook
The revised National Planning Policy Framework has landed, heralding some significant changes to England's planning regime. Here's what prime resi professionals need to know...
By PrimeResi
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Industry Reactions: UK house price growth slowed to 2% in June
But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.
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