Khan moots six-month ‘first dibs’ period for London buyers

'If you have an expensive piece of land in any city centre in the world, you use it, but we have so much unused space in London and owners are unaware they can sell it'

The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.

Recent government tinkering will have the effect of actually slowing new development in central London, according to new predictions from JLL.