Inflation-linked S106 payments ‘could be the straw that breaks the camel’s back for some developments’
"Some projects could become economically unviable if local authorities force developers to increase Section 106 agreements in line with runaway inflation," warns Boodle Hatfield.
What to read next
Developers scale-back tall building projects in London
The number of planning applications to build skyscrapers in London has dropped by more than 13% in the last year, according to the ninth annual London Tall Buildings Survey by New London Architecture and…
Mapped: House price inflation rates around the world
The OECD has created a new Housing Data Dashboard, allowing easy comparisons of key property market metrics for developed economies around the world.
Architects’s business confidence bounces back, led by the resi sector
Optimism has returned, reports the RIBA.
Most read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
In Pictures: 500 industry pros attend inaugural ‘Summer Social’ at the Hurlingham Club
Social Circuit: UK Sotheby's, Enness Global and Lumley brought together professionals from the luxury property, finance and wider private client worlds for an afternoon of networking and entertainment.
LATEST ARTICLES
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
Behind the Schemes: How ‘invisible tech’ helped reimagine a Grade I listed Fitzrovia townhouse
Award-winning collaboration between James Gorst Architects and Mosaic Audio & Visual concealed cutting-edge systems within one of PCL's most significant heritage homes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘Around 40’ Keller Williams agents move to rival brokerage in Scotland
French broker platform iad heralds 'a new era for Scottish agents'.