Location: United Kingdom
Housebuilding starts up (a bit) with Cambridge and Southwark leading the way
The Office for National Statistics records 36,400 new housebuilding starts in Q2, and 34,920 completions
On Yer Bike: Kensington Palace Gardens residents in blowout over privacy
Disquiet over cycling Quietway plans
Rare Fitzrovia development site sells for over £10m
The stripped-out former B1 offices on Bourlet Close went up for sale earlier this year
Rise of the Super-Suburbs: PCL prices to drop 6% this year as ‘burbs grow 5%
Hamptons International delivers updated forecast
Mayor Khan rolls out ‘Homes for Londoners’ team to look at developers’ viability assessments
New Homes for Londoners governance board will meet quarterly
D&G extends opening hours for an Autumn rush
Branches open for longer throughout September
Over Supply: PCL rental values hit hard as stock piles up
On an annual basis, values in Q2 were down by 4.3%, and by 8-10% in the upper price ranges
First-time buyers ‘dominate the property market’ in Prime London as the PCL price premium slips
Now the most common buyer type
Rents drop in PCL but rise in Outer Prime London
The average weekly rent across Prime London increased by 1.6% (to £638 per week) in Q2, says Marsh & Parsons, but there were markedly different stories in the centre of town and the outer circle.
Lendlease signs £200m deal to deliver Damac’s Nine Elms Aykon
450-unit development will have interiors designed by Versace Home
£20m Yorkshire village goes under offer
Includes the grand 21-bedroom, 16,000 square foot West Heslerton Hall
Stutter but no sharp fall in transactions post-Brexit
0.9% dip between June and July