New home registrations hit eight-year high but London stumbles
New home registrations at highest level since the crash (but what’s going on in London?)
A total of 41,222 new homes were registered by the National House Building Council throughout the UK in Q2, an uptick of 1% on the same period last year.
By Prime Resi
Planning permissions for new homes hit eight-year high
Permissions for 66,102 new homes were granted in the first three months of the year in England, according to HBF and Glenigan, which is actually up 4% on the same period last year.
By Prime Resi
Third London borough to clamp down on mega-basements
Islington is on the verge of following Westminster and RBKC in toughening up its planning rules to deal with a surge in subterranean development.
By Prime Resi
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‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
Berkeley names new Chair & CEO as profits dip
Housebuilding Plc aims for continuity leadership as Chair Michael Dobson steps down & a new ten-year strategy kicks in.
By PrimeResi
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UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
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