Planning permissions drop by 15% – but the annual tally is sustained at 350,000+
For the first time in a decade, more than 20,000 resi development sites have been granted planning permission in a 12-month period, as SME developers step up
What to read next
Resi developers ‘pivot’ to grey-belt projects as planning reforms ‘ignite enthusiasm’
Surveys by both Savills & Knight Frank point to rising residential development activity this year, although land values dipped in Q1.
Major planning applications in Westminster slump by over 40%
Brexit uncertainty and the resi market slowdown are quelling developers with grand plans, says Westminster Council
Ballymore & LLDC secure planning consent for 700-home Stratford Waterfront
The resi development in the Queen Elizabeth Olympic Park is next-door to the V&A East Museum, London College of Fashion: UAL, BBC Music Studios, and Sadler’s Wells East.
Most read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
Alex Michelin: How driverless cars will reshape the property market
Luxury development chief says driverless revolution could redraw the prime London map.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Boutique London agency names new MD; opens Fulham office
Landstones has moved into the former Draker space on Fulham Road.
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
Seasoned Savills director moves to broker-model agency
David Johnston spent the last 21 years with Savills in Kent.
Six months to challenge mansion tax valuations
Fresh details emerge on HVCTS roll-out as HMRC drafts in 300 extra staff, with up to 200,000 homes potentially in scope.
LATEST ARTICLES
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
Martin’s Properties installs new CEO
Former St Modwen MD succeeds Richard Bourne at the £400mn family-owned property business.
Greenwoods hires senior resi duo from Withers and Forsters
'Amalie & Poornima are as good as it gets when it comes to lawyers for high-value, complex, residential property,' says the firm's resi chief.
Knight Frank opens new office in Derbyshire
New Sales Director tasked with growing agency’s market share across the region.
£18mn Hampshire estate comes with its own indoor riding school
Agency brings recently-built 12,615 sq ft mansion in 152 acres to market.