Location: United Kingdom

Nick Boles has laid out plans to set a time limit on planning permissions to put a stop to developers building up "land banks" of undeveloped schemes.

Paul Davis & Partners has bagged the brief to draw up plans for the epic swathe of Chelsea soon to be offloaded by the Royal Brompton and Harefield NHS Trust.

 The number of properties with reduced asking prices has fallen "significantly" over the last couple of years, says Zoopla, from 40% in November 2011 to 31% this month.

The top-top end of the world's resi property market is calming down, growing more slowly in "new world" destinations as the "old world" takes the mantle for market growth on the back of perceived safe…

...UPDATE (22nd May 2014): Looks like the asking price is going to be in the £11-11.5m range...

Seventeen years after shelling out £20m for it, developer Laurence Kirschel has finally been given permission to transform his acre of the West End.

There's a "risk of over supply" of new prime property in London, despite the need for 50,000 new homes in the capital's lower-end market, says Savills.

The real world's not like the headlines so don't believe the hype, says our resident doer upper Alan Page, as serendipity gets the better of sales spiele in SW3.

Next year's looking alright for the prime property market, thinks Strutt & Parker, but then it all goes a bit sorry. This year's +6% price performance in PCL will be followed by a 3.

Londonewcastle's Robert Soning on finding the right space and the importance of his firm's latest acquisition...

The Land Registry is trialling a mapping interface for its data with Landmark Information Group.

Camden, Islington, Lambeth and Richmond councils are limbering up for a High Court challenge to permitted development rights that allow the conversion of office space to residential use.