Opening of Parliament heralds planning and rental reforms
There's not a lot of detail to go on, but early property industry reactions to the latest proposed planning reforms have been less than positive.
Short lets could need planning permission under new devolution proposal
            "I understand that regional mayors may soon be given the power to ban properties from being used as short-term lets," writes James Forsyth, political editor of The Spectator, in The Times.         
    Planning Reform & Levelling Up: What is the government planning to do this year?
            Last year's "radical" Planning Bill is long gone, replaced with watered-down reforms that promise local referenda on planning decisions and a few other tweaks.         
    ‘A retrograde step’ & ‘a serious weakening of local democracy’: London’s Mayor weighs-in on planning reforms
            Mayor of London Sadiq Khan has lambasted the Government's "once in a generation" planning reforms, calling proposals "a retrograde step" for housebuilding in the capital and "a serious weakening of local…        
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
            A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.         
    UK buyer swoops on marquee penthouse at boutique Mayfair scheme
            Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.         
    Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
            More speculation about potential tax hikes in November's Budget event.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Battersea Power Station owner reportedly mulls sale
            It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
            As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.         
    
            By            Lucian Cook                        
        
        
            
            
                
                
                
            
        
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
            Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.         
    Industry Reactions: Renters’ Rights Bill gains Royal Assent
            New laws represent 'seismic' changes for landlords, tenants & letting agents.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    LATEST ARTICLES
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge townhouse - which is now up for sale at nearly £17mn.         
    La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
            As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.        
    Development land market ‘under pressure’ as investors take pause
            Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Weekly Showcase: Ten featured prime resi listings
            PrimeResi's regular stock check, powered by LonRes.         
    ‘Faith in rising property endures, but the buying experience is broken’
            Survey of estate agents finds 'a deep reservoir of buyer & seller house price confidence' in prime markets - but home-movers' 'patience for inefficiency is exhausted.'         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
     
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
        