Latest Planning & Policy News
Lendlease office development plans turned down
Developer Lendlease’s plans for a major 18-storey office block development in Elephant and Castle have been rejected on the grounds of “excessive height, mass and bulk”.
Scottish rent freeze bill could trigger wider downturn in construction sector
The Scottish housing sector could face a downturn in construction as the Scottish parliament is set to pass emergency legislation to freeze rents for up to 18 months.
189 homes approved for Hackney estate
Plans for a new infill development on the De Beauvoir Estate in Hackney, which will result in the construction of 189 new homes, have been approved.
Mini-Budget aftermath: mortgages vanish and yields spike
Fintech firm Twenty7tec tracks the number of mortgages available in the UK and had been recording a steady decline in the options offered to borrowers over the past six months.
Cladding crisis: Clarke should fund fixes then pursue culprits
Residential Freehold Association director Mick Platt on why housing secretary should reassess cladding approach
RICS opens consultation on guidance for valuing flats with cladding
RICS has launched a consultation on new draft guidance to help lenders value blocks of flats requiring cladding remediation work.
Edgbaston redevelopment in £20m Levelling Up Fund bid
The transformation of Edgbaston Stadium into a cricket and community-led mixed-use destination is the subject of a £20m bid to the government’s Levelling Up Fund (LUF).
SME developer BRiCS bags Chichester land for resi development
SME developer BRiCS Development has signed contracts with Hanbury Properties to purchase land in Chichester for a new residential development with a GDV of circa £7.5m, Property Week can reveal.
Share prices of property firms tumble amid mini-Budget turmoil
The share prices of major property firms have plummeted this week as investors reacted to the government’s controversial tax cuts, a run on the pound and a growing expectation of interest rate hikes through the autumn.
Julie Hirigoyen to step down as chief executive of UKGBC
The chief executive of the UK Green Building Council (UKGBC) is to step down next summer.
