UK housebuilding in ‘dire straits’ as activity takes another dive
Work on resi building projects fell for the sixth month running in May, and at the steepest pace since May 2020.
What to read next
London’s housebuilding slowdown deepens as registrations tumble 37%
NHBC warns of 'perfect storm' for developers amid weak demand and rising costs.
London’s affordable housing target could be cut to boost housebuilding – report
City Hall said to be considering lowering the 35% goal for fast-track planning to kick-start more development in the capital.
UK housebuilding falls to seven-year low
Savills updates on latest supply-side figures as government attempts to fix 'broken' system.
Most read
Super-prime broker Fatemi reports £700mn deal run
£100mn-plus sale among standout transactions as UK Sotheby's exec flags changing UHNW property tastes.
Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
£11.8bn development wave to reshape West Kensington’s market
New research makes the case for a West Ken renaissance, as a trio of major development projects look set to redraw the local map - and hike property values.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
London’s property bubble has well and truly deflated, says UBS
UK capital sinks into low-risk territory a decade after topping global property danger list.
Rare 1740 Soho townhouse seeks new owner
Boutique agency brings 3,400 sq ft slice of old London to market.
LATEST ARTICLES
UK Sotheby’s adds new directors covering PCL & West London
Luxury brokerage extends recruitment drive across the capital’s prime postcodes with brace of sales appointments.
In Pictures: Inside a Dixon Jones-designed W1 townhouse asking £13,500 a week
Super-prime Marylebone rental pad packs a 32ft-high glazed atrium, complete with sky bridge and retractable roof.
‘First hard evidence’ emerges of £2mn mansion tax effect on property prices
Fresh data confirms that transactions are 'bunching' below the incoming High Value Council Tax Surcharge threshold.
Investor snaps up nine Notting Hill flats in £11mn bulk deal
Agents flag renewed appetite for bulk resi acquisitions from overseas investors as prime London rents climb.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Foxtons, Tax Policy Associates, Knight Frank, UBS, Property Vision, Rightmove & more...