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Residential and Development

Residential property news and features and all the latest news on major property developments.
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Latest Residential and Development News

Grenfell Tower

Government to launch 'major national investigation' into building cladding

27 June 2017

Prime Minister Theresa May has pledged to launch a “major national investigation” after results showed cladding on 95 buildings has now failed tests being undertaken in the wake of the Grenfell Tower fire.

First Base Earlsfield

Green light for First Base co-working hub & homes in Earlsfield

26 June 2017

Mixed-use developer First Base and JV partner Savills IM have received a resolution to grant planning consent from Merton Council for a £70m mixed-use development in Earlsfield.

Aster Galliford

New partnership forms to develop £150m 'ethical housing' framework for South

26 June 2017

Galliford Try Partnerships and E G Carter & Co have partnered with ‘ethical housebuilder’ Aster Group as part of £150m deal to deliver up to 500 new homes across the south of England each year for the group..

Friars Primary Foundation School Southwark by Hambridge Homes

Hambridge gets green light for mixed-use school & apartment block in Southwark

26 June 2017

Hambridge Homes has acquired planning permission to create a new mixed-use building on the Friars Primary Foundation School site on Webber Street, combining state of the art learning space and eight apartments.

Inland gains planning for £28m Bournemouth resi and hotel scheme

26 June 2017

Inland Homes has gained planning permission for 88 apartments and a 100-bed hotel at the site of the Wessex Hotel in Bournemouth.

Premier Inn

Premier Inn 'concerned' over cladding on hotels following Grenfell

23 June 2017

Hotel chain Premier Inn has expressed “concerns” about the cladding used on some of its buildings after it emerged at least 11 council-owned high rises are fitted with similar combustible panelling to that used on Grenfell Tower.

battersea

Khan "furious" with Battersea affordable housing decision

23 June 2017

The mayor of London, Sadiq Khan, has reacted furiously to Wandsworth Council’s decision yesterday to back Battersea Power Station Development Company’s plan to cut affordable housing on the site from 636 to 386 homes.

Valenica

Neinor Homes acquires Valencia land plot €27m ready for 400 homes

23 June 2017

Neinor Homes has completed the acquisition of a fully-permitted land plot in Valencia, with a buildable area of more than 538,195 sq ft and suitable for constructing 400 new homes.

Barking Riverside

Chinese investor in talks over major Barking development

22 June 2017

A large Chinese investor is in negotiations with Barking and Dagenham council to deliver a landmark development of at least 1m sq ft of commercial space and up to 5,000 homes in the borough, Property Week can reveal.

More residential stories

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RESIDENTIAL ANALYSIS

Alok Sharma housing minister

Tories must implement white paper

27 June 2017

The Conservative manifesto promised to ‘fix’ the dysfunctional housing market so that there are affordable and secure houses for all, and the new housing minister Alok Sharma has to follow through on this pledge

Grenfell Tower

What must be done to stop another Grenfell happening?

23 June 2017

As the causes of the fire at Grenfell Tower in North Kensington last week begin to become clearer, government bodies and the property industry are asking themselves some searching questions about how to prevent tragedies like this in future.

Movers & Shakers panel

Popularity of PRS soars but some still see it as too risky

15 June 2017

Investment in the UK private rental sector (PRS) is set to increase by £45bn over the next five years, reveals new research - but some of the UK’s largest investors still perceive it as too risky.

Sadiq Khan

London Living Rent could 'distort' market

15 June 2017

London mayor Sadiq Khan’s plans to introduce a discounted London Living Rent (LLR) could “distort” local markets and change where developers locate their schemes, a new report warns.

This week's vital residential stats

£2.6bn
Estimated saving in social care costs by increasing the number of retirement properties by 500,000 by 2038 (source: McCarthy & Stone)

43%
Proportion of over-65s who think there is a lack of suitable properties to downsize into (source: Strutt & Parker/Octopus Healthcare)

22,000
Fall in number of retirement homes being developed annually between 1980s and 2010s (source: Strutt & Parker/Octopus Healthcare)

74%
Percentage of all household growth that will be due to older people to 2039 (source: DCLG)

10,035
Sites in McCarthy & Stone’s landbank for retirement homes, equivalent to 4.4 years supply