Planning surge puts London’s new homes targets within touching distance

Four in ten new London homes were rejected by planners in Q1, as the total number of approvals tumbled by 64% compared to the same period last year - although Westminster and Kensington & Chelsea approved…

The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.

There's a whole lot more resi developing going on now than at any time since the crash - with 63% more resi units being granted planning permission in 2012 compared to 2011 - but there's still no chance…