The LPF Weekend Fix - in partnership with Prime Resi Journal
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PRIMERESI JOURNAL - THE JOURNAL OF LUXURY PROPERTY
PRIMERESI IS THE LEADING NEWS, INSIGHT AND OPINION RESOURCE FOR THE UK’S LUXURY PROPERTY SECTOR, PROVIDING DAILY BREAKING NEWS AND ANALYSIS ON PRIME RESIDENTIAL MATTERS.
Fenton Whelan opens Park Modern sales, pitching ‘the most outstanding luxury apartments in London’
In Pictures: The much-anticipated PLP-designed 57-unit scheme opposite Kensington Gardens has already secured £100m in pre-sales, with agreed prices “approaching £5,000 per square foot”. Developer Fenton Whelan is aiming for £60m for the main penthouse apartment.
Emotional Schemes: Engage all the senses if you want to make a profound connection with buyers
Forget show and tell. If developers want to increase impact and engagement, they need to think about sight, sound, smell, taste and touch, writes branding expert Tommy Taylor…
‘Biggest sales pipeline in a decade’ as deals agreed on over 700,000 homes
Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it’s the biggest sales pipeline of the last decade, 78% higher than in May 2019. But fewer than one in three buyers expect to complete before the end of the Stamp Duty holiday…
Required Reading: Changes to the planning regime for high rise residential buildings due this summer
Developers may have to submit a fire statement alongside a planning application for relevant multi-occupied residential buildings from 1 August 2021, write Fiona Bishop & Rebecca Delaney of Macfarlanes.
‘There should not be a fast track for beauty’: Betts Committee reports on The Future of the Planning System in England
“The government’s aim of developing a planning system that enables buildings to be built more quickly and with greater input from local communities is welcome, but it is far from clear how the current proposals will achieve this,” explains Clive Betts, Chair of the influential Housing, Communities & Local Government Committee. “The government’s three areas proposal needs to be reconsidered.”
Green light for controversial Belgravia regen project
Grosvenor has finally secured planning approval for the Cundy Street Quarter.
Ranked: Average estate agency fees around the world
Estate agents in the UK are amongst the world’s lowest-charging property brokers, according to some new research. Australia is the most expensive place to sell a home.
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
High-tech show home to launch at King’s Road Park
Interactive Nick Auston-designed apartment at the St William scheme in Fulham aims to support local businesses and celebrate the area’s design creds.
Knight Frank promotes 159
‘Despite a challenging year, the firm has outperformed all expectations’, says boss Alistair Elliott, announcing 67 new Partners and 92 new Associates.