Property developers to face two new taxes to pay for cladding scandal bill
Robert Jenrick has announced that residential property developers will face two new levies, starting in 2022, to pay for some essential fire safety works on high rise buildings, following 2017's Grenfell Tower tragedy.
Developers are not ‘land banking’, concludes Letwin
“Developers could increase the choice of design, size and tenure of new homes without impacting on the local market and therefore speed up the rate at which houses are built and sold”, argues an independent…
By PrimeResi
Property developers told to ‘do their duty’ as Prime Minister announces ‘a housing revolution’
Government outlines a major overhaul to the National Planning Policy Framework, the first in six years
By PrimeResi
Jenrick reveals the Government’s ‘plan to re-start the housing market’ as estate agents & developers get back to work
The Government has eased the Coronavirus lockdown in a bid to re-start the housing market after seven weeks in cold storage. Estate agents' office can now re-open, viewings are permitted;
By PrimeResi
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
Japanese behemoth to buy top-end construction giant Multiplex
Multiplex's prime London projects include 30 Grosvenor Square, St John's Wood Square, The Broadway & Television Centre.
By PrimeResi
LATEST ARTICLES
Brokerage signs former Strutt & Parker Kensington sales head
Experienced PCL operator Andy Harris is Moveli's latest senior recruit.
Battersea Power Station picks contractor for Gehry-designed next phase
165-year-old firm will complete Electric Boulevard with two striking new buildings delivering around 300 new homes and c.65,000 of commercial space.
By PrimeResi
Reform or catch-up? Why the prime property market is already ahead of the Government’s plans
Ministers want to speed up homebuying and reduce failed sales, but many of the reforms being proposed have long been standard practice at the top end of the market, writes property lawyer Laura Conduit.
Islington scheme hits 50% sales milestone as demand ‘exceeds expectations’
Bentry Capital claims Angel Village is now the 'fastest-selling' resi scheme in Zone 1, with more than half of the first-phase homes sold.
Prime Minister Questions: Lucian Cook on what political change means for the housing market
Savills' resi research chief bemoans yet another round of Westminster upheaval, heralding more unwelcome uncertainty for the housing market.
By Lucian Cook