Prospects for Property – Strutt and Parker annual event
Volterra Partner Paul Ormerod was invited to speak at our clients’ Strutt and Parker’s recent annual property outlook event. Read more.
A planning crisis
Partly due to its success in attracting jobs and talent, demand for housing in London has outstripped supply and now home ownership is unaffordable for many households. In a well-functioning market, increases in house prices should incentivise large scale housing development. But this simply has not happened. So what is constraining housing development in the […]
Dissington Garden Village – ‘minded to approve’ decision secured
Lugano Property Group has recently secured a minded to approve decision, subject to referral to the National Planning Case Work Unit, for a garden village on green belt land in Ponteland, Northumberland. The proposed development, Dissington Garden Village, would deliver around 2,000 homes alongside a school, shops, employment floorspace and community facilities. Volterra supported the […]
How broken is our housing market?
Last month the government released its Housing White Paper ‘Fixing our Broken Housing Market’; the title is an ambitious promise. The industry response to the White Paper was fairly consistent: it was welcome movement in the right direction but it was too little too late. In short, the plans are not radical enough to solve […]
Blame restrictions on the supply of land for new homes for rising wealth inequality
Official data released last week on London house price increases in 2016 generated a lot of interest. Given that housing represents by far the most important component of wealth for most people, it is not surprising that stories like this are read avidly. There is a feeling that the current situation regarding the affordability of […]
Look to Twitter for why Britain’s economy proved Project Fear wrong
The economic data on post-Brexit Britain is beginning to emerge. We discovered last month that employment in May to July grew by 174,000 compared to the previous three months. Last week, the Office for National Statistics published its estimate for the output of the service sector of the economy in July. This shows a 0.4 […]
Paul Buchanan’s published report: Transport, land use and economics
Volterra Partner and leading economist Paul Buchanan has written a paper for the Journal of Urban Regeneration and Renewal. Paul’s article Transport, land use and economics is featured as one of many papers discussing urban regeneration and renewal in a complex contemporary climate. You can read the article HERE. The publication is the essential peer-reviewed journal for all professionals […]
Volterra supports Paddington Quarter plans
Volterra recently supported Great Western Developments Ltd.’s application to redevelop the former Royal Mail Sorting Office and Post Office next to Paddington Station. The proposed development, Paddington Quarter, includes office, retail and café/restaurant uses across two buildings – an eighteen storey building, Paddington Cube, and a smaller two story satellite building. The scheme also encompasses […]
Ellie Evans speaker at London Real Estate Forum 2016
Volterra Partner Ellie Evans spoke at the London Real Estate Forum 2016 as part of a panel discussing the future of London’s economy. Brexit was looming, and the implications for London’s economy were discussed but setting that aside – Ellie focused on the role property developers can play in creating a diverse and attractive atmosphere […]
Planning permission granted for Ilona Rose House
Soho Estates has been granted planning to convert the old Foyles building in the Tottenham Court Road Opportunity Area into a mixed use development known as Ilona Rose House. The development will include the provision of office, retail and leisure space as well as improved public realm. Volterra authored the economic case for the development which […]
