Stuck In The System: Housebuilders hit back at ‘bumper backlog’ claims
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Planning consents hit 261k; highest annual total since before the 2008 crash
In the year to March, councils across England granted permission for 261,000 new homes, the highest annual total for eight years.
Brandon Lewis
By Prime Resi
New home registrations at highest level since the crash (but what’s going on in London?)
A total of 41,222 new homes were registered by the National House Building Council throughout the UK in Q2, an uptick of 1% on the same period last year.
By Prime Resi
Commons approve not-quite-planning-free extension plans
The House of Commons has voted (by 265 to 221) to accept the amended Growth & Infrastructure Bill, which was passed by the Lords on Monday (more here) and which gives homeowners the permitted development…
By Prime Resi
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Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
‘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.
£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.
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.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
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.
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
By PrimeResi
Agency reports biggest month for country house exchanges since 2022
After a dry few years, Strutt & Parker heralds 'a return of confidence in decision making for both buyers and sellers.'
By PrimeResi
Social Circuit: LA London toasts 45 years at end-of-summer party
More than 200 property and design names gathered on the architect’s London Bridge rooftop for its annual industry bash.
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Super-prime Kensington development launch draws over 150 agents
In Pictures: London’s prime property crowd gets first look inside REDD’s newly completed One Palace Green.
Industry Reactions: Official data shows sharpest London price falls since January 2024
July's UK House Price Index recorded a third month of slowing house price growth at the national level.
By PrimeResi
Winkworth profits hit by mounting legal bill as sales revenues dip
Listed estate agency reports 'resilient' underlying trading performance.
By PrimeResi
$200mn-backed property platform buys luxury Dubai brokerage
Former Foxtons agent’s firm acquired ahead of launch of new international high-end brand.
The price of perfection: ‘Immaculate’ PCL rentals command 31% premium
New analysis digs into the landlords, tenants and changing economics of the prime lettings market.