Location: United Kingdom
Two-unit amalgamation deemed ‘development’
An owner looking to combine two London flats into a single unit has been denied a LDC after a planning inspector decided the work would come under the official sec.55 definition of "development".
Sub-£1m properties ‘face extinction’ in Mayfair and the West End
The sub-£1m home is soon to become a thing of the past in Mayfair and the wider West End.
Resi plans drawn up for Park Lane Hilton Tower
The Livingstone brothers' London & Regional have devised plans to add 28 luxury apartments at the top of the Park Lane Hilton Tower.
Mayfair townhouse tops January’s recorded deals
Only a handful of super-prime resi deals featured in the latest release of Land Registry data, which looks increasingly like the new normal.
The £15.
Private housing continues to drive architects’ growth
The RIBA Future Trends Workload Index bounced back strongly in January 2016, rising to +29 (up from +15 in December 2015), with private housing continuing to be the primary growth area for the profession.
Osborne trumpets a ‘fair, workable, lasting’ SDLT reform
George Osborne says that over 780,000 homebuyers saved an estimated £657m on Stamp Duty Land Tax (SDLT) in the year since the tax was reformed, while receipts from £1m+ sales increased by 15%.
Demand slips in prime central London as uncertainty catches on
"Uncertainty in financial markets and domestic political concerns have moderated demand in prime central London," says Knight Frank.
JLL cuts central London resi development growth forecasts
Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.
Four of London’s most fashionable property markets
Seeing as it's LFW and all that, here's the Knight Frank team with a whistle-stop tour of where the fashionistas favour in the capital...
Mayfair
MHA boosts team with trio of hires
Knightsbridge-based development and investment firm MHA London has recruited a new design manager, planning manager and financial director.
Nuno Meira
Southern Grove gets go-ahead for £75m west London scheme
Mayfair-based developer Southern Grove has bagged planning for a £75m resi-led scheme in Ealing.
The 0.
Prices push up as £1m+ deals flow – Land Registry
A 2.5% monthly increase has taken the annual rate of house price growth to +7.1%, according to the latest from the Land Registry.
At +13.