Property Week News, analysis, insight and events for UK property professionals
Canada Water tests London’s resi temperature
New planning terms for British Land's Canada Water scheme reveal the viability challenges faced by residential developers in London
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Planning & policy
Shared home ownership comes with ‘longer-term financial risks’, NAO warns
The report found that the complexities of service charges and ‘staircasing’ – where customers increase the proportion of the property they own rather than rent - make the product hard for consumers to understand.
New Mac Mic Land chief exec unveils 35,000-home expansion plan
Steve Clegg will oversee plans to increase the planning and land promotion company's holdings from 62 to 85 sites in the next six months.
British Land and AustralianSuper win approval for revisions to Canada Water masterplan
The joint venture partners proposed major amendments to their masterplan for the 53-acre mixed-use development in early 2025, including changes to the heights, massing and uses of several buildings.
Industry welcomes the chancellor’s roadmap for fiscal devolution
Plans to let regions retain slice of business rates and other taxes may boost development.
Industry alarmed by plan to ban retention practice in late payment crackdown
BPF chief executive Melanie Leech said government's planned ban on retention payments, sums withheld from construction contractors until a job is completed, would be using "a sledgehammer to crack a nut".
New Future Homes Standard raises viability worries
Experts welcomed the certainty provided by the standard, but warned it could make schemes less viable, especially for SME builders.
New rules to force planning authorities to consult Reed if rejecting schemes over 150 homes
The measures will come into effect before the end of the month in revisions to the National Planning Policy Framework.
Future Homes Standard rules delayed until 2028
All new-build homes will have to include heat pumps or be connected to a heat network and solar panels, rather than the gas network, from 2028, cutting greenhouse gas emissions by 75%.
Industry welcomes seven new towns sites, despite development doubts
Experts have questioned whether the schemes can be completed to the government's deadline and whether some sites are still viable.