The Basement Tax: Westminster brings in new levy on subterranean developments
Council to charge average of £8k on subterranean projects to pay for new 'sub squad'
Westminster moves to halt mega-basement ‘epidemic’
Just a few months after RBKC claimed victory in its long-running war on mega-basements, Westminster has announced plans to tackle a so-called “underground epidemic” across central London.
Westminster’s anti-iceberg basement rules are now in play
Westminster Council's anti-iceberg rules came into effect this week, making it exceptionally difficult to create big-scale basement extensions in the borough.
K&C Digs In: Eight basement developments stopped in a single day
RBKC Council is digging in over rogue basement development, slapping stop notices on eight projects in a single day on Tuesday.
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NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
In Pictures: REDD launches ‘world-class’ luxury resi scheme in Mayfair
Top-end project on Charles Street broke the £5,000 psf barrier during a successful off-market sales phase.
‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
Evolving expectations & industry disruption: Andrew Deverell-Smith on the changing landscape of talent in the prime resi market
Real estate recruitment guru reveals what top candidates in the residential sector really want, and how the major property agencies are adapting their strategies amid a surge in independent operators.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
Native Land promotes Gray & Clarke to executive directors
Nicholas Gray & Dan Clarke join the board, taking on key roles as the major developer drives portfolio expansion.
New recruit for boutique PCL agency Park Lord
Daisy Spanbok has joined the Mayfair-based firm from Knight Frank.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Government unveils ‘landmark overhaul’ of the planning regime
'Today’s landmark overhaul will sweep away last year’s damaging changes and shake-up a broken planning system which caves into the blockers and obstructs the builders,' says Housing Secretary Angela…
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
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A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
In Pictures: Super-prime townhouse unveiled at RAMSA-designed scheme in NYC
Remarkable $16.95mn residence at boutique project The Henry promises the best of all worlds.
Guy Meacock: Why London continues to captivate American buyers
'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
Nature Restoration Fund proposed to streamline housebuilders’ environmental obligations
Housing and Environment ministries are seeking views on a plan to help property developers 'get building while delivering their environmental obligations in a more sensible and strategic way.'
Property market is ‘poised for a period of stability & soft growth’ in 2025 – Jackson-Stops
Mainstream house prices will generally "remain on a par with 2024" next year, suggests the estate agency after quizzing its agents around the UK - but there are likely to be notable differences between…