Main image: Residential planning approvals (Great Britain)
Record number of planning permissions granted in 2017
351,169 new homes were granted planning permission in England last year (the highest number since 2006), over 18,079 sites
Since 2014, developers have built/started 18,000 more new homes in London than they have sold
New-build sales in London plummeted by 20% in Q4 - but over-supply is still growing, warns Molior
By PrimeResi
‘2019 cannot be described as a vintage year for London’s residential development industry’ – but things picked up in Q4
Molior's quarterly analysis reveals a marked improvement in London's housebuilding landscape towards the end of 2019
By PrimeResi
Church of England plans 9,000 new homes on excess land
The church 'has something unique to contribute to the housing crisis', says the Archbishop of Canterbury, Justin Welby
By PrimeResi
Most read
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
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.
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
More ‘legacy’ properties set to change hands in London this year, says top dealmaker
UK Sotheby's private office chief expects market confidence to build, with continued competition for the capital's best homes.
LATEST ARTICLES
‘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
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Tom Bill: Burnham victory sparks questions on fiscal discipline & property tax reform
Victory in Makerfield will reignite debate over government’s economic priorities and possibility of property tax reform, says Knight Frank's head of UK resi research.
By Tom Bill
Government confirms homebuying shake-up to ‘slash delays, cut costs & stop sales falling through’
Proposals include upfront 'sales packs', binding contracts and possible mandatory agent qualifications.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes