Housing supply picks up, but delivery still undershooting need
Number of new homes built across England rose to 238,000 in the year to Q4 2018, up 12% on Q4 2017, notes Savills; even so, London only delivered 56% of homes needed at an aggregate level
New housing supply hits a 30-year high
9% more homes were added to England's total housing stock in the 12 months to March 2019 than in previous year. 241,130 is the highest number of new homes since official records began in 1991-92.
By PrimeResi
Urban Splash recruits two senior faces to modular housing arm
Claire Kober and Mark Shirburne-Davies have joined House by Urban Splash - a modular housing JV between Urban Splash, Sekisui House and Homes England.
By PrimeResi
Housebuilders get back to work amidst supply chain & sales concerns
Property developers are getting back on-sites following Government advice - but construction supply chains have been disrupted and sales activity has been thwarted.
By PrimeResi
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£28mn Knightsbridge mansion sale sets 2025 benchmark
Recent mega-deal on Princes Gate 'reaffirms London’s appeal as a global property destination,' say agents.
Surrey mansion that ‘rivals the world’s most prestigious addresses’ pitched at £50mn
In Pictures: Inside one of the most significant super-prime listings of 2025 so far, the palatial Wentworth Place.
The Times: Who’s buying London’s most expensive new flats?
Investigation lifts the lid on £600mn worth of apartment sales at some of PCL's most prestigious new-build schemes.
Savills expands super-prime lettings operation; recruits new North London chief
Isabella Birch Reynardson's specialist division is expanding into high-value regional rental markets, while Stevie Walmesley has moved from DDRE to lead the team in North London.
By PrimeResi
‘Game-changing’ fast-track service launches for luxury property projects
RedBook Agency says its new offering – limited to a select number of large-scale, high-value schemes each year – can cut delivery timelines by up to 30%.
Property marketing in the AI age: Savills & Rightmove ‘dominate’ chatbot search performance
How ChatGPT & its ilk are ripping-up the SEO rulebook for estate agencies & portals - and which brands are winning the Artificial Intelligence race.
By PrimeResi
‘Incredibly rare’ unmod villa backing onto Primrose Hill seeks £10.85mn
An incoming buyer could create one of the most 'beautiful and significant' family homes in NW London, say agents.
Grosvenor names new CEO & CFO as profits jump
UK chief James Raynor to succeed Mark Preston as property empire's CEO.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Waldorf Astoria-branded scheme in Abu Dhabi sells out on launch day
All 133 luxury new homes at Aldar's Waldorf Astoria Residences Yas were snapped up in less than 24 hours.
LATEST ARTICLES
Industry Reactions: Mortgage lending slumps after Stamp Duty deadline
The latest Bank of England release also shows a continued decline in new mortgage approvals.
By PrimeResi
Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
‘Extraordinary’ Norman & Dawbarn-designed house in SW London seeks £7.5mn
In Pictures: Former torpedo testing site was reimagined as a family home by the original architects of BBC Television Centre.
Survey finds ‘sharp rise in optimism’ across the property industry
UKREiiF attendees are feeling a lot better about the real estate sector's prospects - but the planning system is still causing headaches.
By PrimeResi
Ambitious proptech firm buys another top mortgage broker
Babek Ismayil's OneDome wants its tech to be 'facilitating 10% of all UK housing transactions' within five years.
By PrimeResi