MEDIA
Gove’s green push might be the start of something big

This week sees world leaders, civil society and the finest climate scientists descend on Katowice, the coal capital of Poland, for COP24, the United Nation’s climate conference.

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Regent’s Crescent luxury resi scheme gets £350m
A group of lenders has provided £350m in funding for the controversial luxury residential development Regent’s Crescent, in London’s Marylebone, NW1.
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Regent’s Crescent development receives £350m financing

A group of lenders have provided a £350m financing packaging for a 76-unit residential development project in Marylebone, London, called Regent’s Crescent.

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Luxury housing experts blast Westminster’s mansion size proposals

Luxury housebuilders and estate agents on Tuesday attacked new plans to stop mega-mansions being built in the West End.

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Budget 2018: What are the key resi announcements?

From Theresa May’s Conservative Party conference promise to scrap council borrowing caps, to plans to increase stamp duty for overseas buyers and an analysis of the results of the Letwin Review, the expectations were high for residential property in Budget 2018.

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Government extends Help to Buy to 2023

The government has extended its Help to Buy Equity Loan Scheme until March 2023 but is limiting it to first time buyers and introducing regional caps, Chancellor Philip Hammond announced in today’s Budget.

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Overseas house buyers set to splash out ahead of proposed ‘foreigner tax’

Dean Clifford, director of house-builder Great Marlborough Estates, said: “Burdening (foreign investment) with an additional tax is not going to fix the housing crisis. In all likelihood, it will exacerbate the problem.”

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Talking Heads: Labour, Corbyn & the UK property market

Dean Clifford, Co-founder, Great Marlborough Estates

“There’s a reason why British businesses fear a Corbyn-led government, with promises of hikes in corporation tax and nationalisation sparking real concern that the party could derail private sector investment. Above all, the implications for the UK property sector could be the most debilitating threat for the nation’s economy.

“For the prime residential market, investment from abroad is vital to the country’s long-term economic growth. Yet the radical economic plans put forward within Labour’s manifesto could scare off foreign investment and signal a drop in stability at the higher end of the market.

“Ultimately, the housing crisis cannot simply be solved through the Corbyn mantra of nationalisation and re-nationalisation. It requires a combined effort between the public and private sector.”

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Prime Minister unveils enhanced stamp duty levy on foreign buyers – property reacts

Grant Lipton, co-founder of Great Marlborough Estates, added: “UK property remains highly sought after for many international investors which is something we as a country should be proud of. It underlines our attractiveness as a place to live and work, and also our legal system which is seen as transparent and fair.”

“Overseas investment is crucial to the long-term economic growth of this country and hitting it with additional stamp duty certainly won’t fix the housing crisis, it will probably make it worse. If the Prime Minister is serious about tackling the housing market, greater focus should be placed on increasing supply through streamlining the planning process which is no longer fit for purpose.”

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Trendwatch: How HNW multi-generational living has come of age in the UK

Grant Lipton, co-founder of Great Marlborough Estates: “Buyers look for more storage space, quality interior features and thoughtful design. Developers must put the living experience first and think about the buyers’ wellbeing, encouraging multi- generational living through amenity spaces and interior design. We also find that buyers need simplicity and a smooth moving in process. Developers can make things easy to use and as intuitive as possible from the carpark to the kitchen and security devices, while adapting to the latest technology and responding to the needs of all generations.”

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Final National Planning Policy Framework published – property reacts

Dean Clifford, co-founder, Great Marlborough Estates: “The revised National Planning Policy Framework published today shows a greater focus on good design for housing. This is welcome news and represents an assurance that developers aim to deliver quality homes which will be supported by local authorities. What we deliver must be contextually sensitive, reflective of the fabric of the local community and mindful of architectural heritage. For too long planning policy has encouraged quantity – let us hope that the revised NPPF will see beauty brought back in housing design and delivery.”

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£420m to be invested in smart construction

Grant Lipton, co-founder of Great Marlborough Estates, said: “Investment in modernising our construction industry is vital to deliver housing and infrastructure at pace and alleviate the housing crisis.”

He said the deal is “certainly a good plan to future-proof our construction sector, with investment being targeted specifically at improving delivery methods”.

“Adding more capacity to this troubled industry can finally see more homes built faster, making it easier for developers to create quality housing.”

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Housing minister Raab appointed as Brexit secretary – property reacts

Property reacts

Grant Lipton, co-founder of Great Marlborough Estates: “The instability caused by the constant swapping-and-changing at the Ministry of Housing, Communities and Local Government has caused much uncertainty for the industry, and we need firm steer on the government’s plans to help deliver the homes – of all types – that Britain desperately needs.”

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Raynsford Review: how government should tackle planning’s ‘major crisis of purpose’

 

Grant Lipton, co-founder of Great Marlborough Estates, agrees: “The proposals in this report offer a clear and succinct planning system. It’s better than our current system, which has come about through ambiguous piecemeal changes.”

The number of small changes to the system and the ambiguity they create are also the focus of the report. It notes that there have been four different “plan frameworks” in the past 15 years. The result is planning that is “not well integrated” and where the devolution of control – to 340 local planning authorities and 2,200 neighbourhood plans and separate powers for London – has created a system that “can charitably be described as a mosaic”.

 

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Great Minds: Dean Clifford and Grant Lipton Interview

The name Great Marlborough Estates conjures up images of a company steeped in history – one of the great estates, perhaps. In fact, it turns out that the developer – founded by Dean Clifford and Grant Lipton, son of Sir Stuart – is just 10 years old.

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Property Week: Brokenshire becomes new housing secretary as Javid heads to home office

Grant Lipton, co-founder of Great Marlborough Estates: “The delivery of homes requires strong leadership and consistent leadership. But, it also requires innovation. By having flexibility in leadership we can cycle new ideas and bring forward the homes that are required. This can be through new delivery models across developers, architects and contractors; through technological innovation and public-private dialogue.”

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Estates Gazette: Labour unveils vision for ‘housing for the many’

“These policies, while commendable, are unlikely to be deliverable,” says Dean Clifford of Great Marlborough Estates.

“Such measures would limit the investment that flows into the housing market in the first place, meaning fewer homes for all. While they may be affordable for some, it is likely to be at the expense of many.”

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NPPF review won’t solve central planning issue

It is clear that the NPPF required a major overhaul. When it was introduced in 2012 it was lauded as the saviour of planning and the opportunity to escape the shredder-breaking reams of paper New Labour had introduced to the system. However, while the sleeker, 60-ish-page document did streamline the system, it has not solved our issues in planning. Uncertainties are hidden behind ambiguous phrases that can be stumbling blocks to providing the housing we need. We can add another layer of complexity with policies such as the neighbourhood planning agenda, which can allow nimbys of all party colours to restrict development.

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The Telegraph: Constructing a plan to crack the housing crisis

“The reality is that land banking by commercially-focussed developers is largely a myth”, says Dean Clifford, the co-founder of Great Marlborough Estates.

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Mortgage Strategy: Planning system to be overhauled to boost housebuilding

Great Marlborough Estate co-founder Dean Clifford argues the government is falling for the “myth” of land banking by developers, suggesting that delays in actually starting development are caused by a host of reasons out of a firm’s hands. He adds: “The government seems to have continued the merry-go-round of changes which require constant recalibrations or the wider planning system.”

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EG: mayors grapple with dilemma of whether to attend MIPIM

“It is a shame that Sadiq Khan will be absent at this year’s MIPIM event,” says Dean Clifford, co-founder of central London residential developer Great Marlborough Estates.

“These sorts of events can offer opportunities to foster new public- private partnerships which can help deliver the homes that the capital needs.”

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Architects’ Journal: Industry welcomes government fund to create housing sites

‘This is a positive move for house-building. If a publicly owned site is operationally redundant then it makes sense that this should be put towards more productive uses. These measures will facilitate this by providing the backbone of vital infrastructure upon which homes and communities can thrive.’

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Property Week: One year on, what has the white paper achieved?

Since the paper’s publication, housing sector issues have taken centre stage in national and local politics and there are some promising signs of movement in the right direction. What is needed now is an evaluation of the white paper’s promises and an analysis of what has been delivered…

 

 

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The Telegraph: Planning policy consultation to finally begin

Dean Clifford, co-founder of Great Marlborough Estates, one of London’s largest housebuilders, accused the Government of overseeing a “merrygo-round of changes that require constant recalibrations of the wider planning system”. He added: “This plethora of regulations, uncertainties and delay means that developers will often have to wait a while before they are allowed to put a spade in the ground.”

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Estates Gazette: Land banking critics’ numbers just don’t add up

Land banking has been an ongoing political debate in the housebuilding sector over the past decade, with Ed Miliband famously proposing a “use it or lose it” policy while in Opposition. Chancellor Philip Hammond brought it back into the media spotlight in his recent Budget after proposing the ‘Build Out Review’ taking aim at companies who he claimed were sitting on consented sites. Now the Times today reports the review will likely recommend the Tories …

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Property Week: Government commits £866m to meet housing target

Grant Lipton, co-founder of Great Marlborough Estates, said: “Homes cannot be built out without the schools, roads and essential utilities that we need for life. This policy will help us deliver the infrastructure that we need, and so set the scenes for housing development. Importantly, this is being delivered at the local level using the localised knowledge of authorities to provide what people need, in innovative ways. The next step would be to spend to increase investment on larger infrastructure projects as we need to improve connectivity in our cities, from within and between them.”

 

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Housing needs a long-term minister for continuity

Tue 16 January 2018

By Dean Clifford, co-founder, Great Marlborough Estates

While the elevation of housing to Cabinet status is proactive and shows housing is a priority for the government, there is a need for continuity, with excessive change threatening the momentum gained so far.

Under Sajid Javid and Alok Sharma, the Conservative government has made positive moves in the housing sector.

While there is still work to be done, a lot of progress has also been made over the past few months across all tenures.

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SHOW HOUSE: MEET THE NEW MINISTER FOR HOUSING

Grant Lipton, co-founder at Great Marlborough Estates, said, “In recent months, the Conservative government has taken positive steps to addressing the housing crisis. However, the time-costly process of switching housing ministers threatens this momentum. The expansion of Sajid Javid’s remit is a positive move, and I hope that Dominic Raab will be able to quickly get on with the task at hand.”

 

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LANDLORD TODAY: APPOINTING A NEW HOUSING MINISTER IS A ‘STEP IN THE WRONG DIRECTION’.

Grant Lipton, co-founder at Great Marlborough Estates, also fears that the appointment of yet another new housing minister threatens to destabilise the housing market.

He commented: “Progress on housing needs to be upheld. In recent months, the Conservative government has taken positive steps to addressing the housing crisis. However, the time-costly process of switching housing ministers threatens this momentum.

“The expansion of Sajid Javid’s remit is a positive move, and I hope that Dominic Raab will be able to quickly get on with the task at hand.”

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Property Week: Raab appointed as new housing minister

Grant Lipton, co-founder at Great Marlborough Estates, said: “Progress on housing needs to be upheld. In recent months, the Conservative government has taken positive steps to addressing the housing crisis. However, the time-costly process of switching housing ministers threatens this momentum. The expansion of Sajid Javid’s remit is a positive move, and I hope that Dominic Raab will be able to quickly get on with the task at hand.”

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Architects’ Journal: Raab in, Sharma out – as housing minister revolving door spins again

Grant Lipton, co-founder at Great Marlborough Estates, said: “Progress on housing needs to be upheld. In recent months, the Conservative government has taken positive steps to addressing the housing crisis. However, the time-costly process of switching housing ministers threatens this momentum. The expansion of Sajid Javid’s remit is a positive move, and I hope that Dominic Raab will be able to quickly get on with the task at hand.”

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PROPERTY WEEK: HOUSEBUILDERS BANNED FROM SELLING LEASEHOLD NEW-BUILD HOMES

Grant Lipton, co-founder at Great Marlborough Estates, said: “The new measures to cut out unfair and abusive practices within the leasehold system are long overdue. Leaseholds have their place in the market, but what doesn’t have a place is duping people and ripping them off. The proposed changes will curb landlords pushing tenants into unfair ground rents.”

 

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MORTGAGE STRATEGY: LEASEHOLD BAN FOR NEW BUILDS

Great Marlborough Estates co-founder Grant Lipton says: “The new measures to cut out unfair and abusive practices within the leasehold system are long overdue. Leaseholds have their place in the market, but what doesn’t have a place is duping people and ripping them off. The proposed changes will curb landlords pushing tenants into unfair ground rents.”

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Mayor plans to double number of homes in London’s suburbs

Grant Lipton, director at Great Marlborough Estates: “While the plans to increase development in the outer suburbs is commendable, the way in which it is being done should be questioned. By changing the rules on ‘character preservation’ we are in danger of losing cultural and historic value in our outer suburbs. It is true that we must grapple with delivering new homes and infrastructure, but it should not come at the loss of our past and cultural richness.”

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Budget 2017: Hammond abolishes stamp duty for first-time buyers – property reacts

Grant Lipton, director at Great Marlborough Estates, said: “The Chancellor’s decision to scrap stamp duty for first time buyers is a step in the right direction. “

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Evening Standard Budget 2017 UK: Embattled Philip Hammond’s offer to business

Speculation is also mounting that changes to stamp duty will be unveiled, including cutting it for first-time buyers. Grant Lipton, a director at developer Great Marlborough Estates, says the move could help “reboot the economy”.

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Stamp duty in the spotlight ahead of next week’s Budget

“I would certainly encourage the government to rethink stamp duty, but because the overall take has been sustained at the same level [as before the reforms], I’m not sure the government will cut it,” says Dean Clifford, co-founder of Great Marlborough Estates, although he warns that transaction levels could soon begin to fall, particularly in London.

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The Times Bricks & Mortar: Make the move to a hidden home

Notting Hill, W11
This three-bedroom contemporary mews is part of a development of nine houses on a quiet cul-de-sac moments from Holland Park Avenue. Featuring clean lines and attractive brick elevations, the house has three living areas.
£3.6 million, struttandparker.com

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The Times – Bricks: the essential building blocks

Dean Clifford, a director at Great Marlborough Estates, a development company, says handmade bricks are becoming more popular, despite their expense. “They are often better quality and have more texture, with the kind of imperfections and depth that make them feel warmer and more versatile than mass-produced brick. You can also get lots of different colours.”

Great Marlborough Estates buys most of its bricks from Britain, although it also uses bricks imported from Scandinavia and Germany.

 

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Sunday Times: Cash in on new rules to turn an industrial wreck into your dream home

“PD isn’t a golden ticket to a consent,” warns Grant Lipton, co-founder of Great Marlborough Estates, a boutique London developer that recently converted an industrial site in Notting Hill into mews houses. Prior approval can be refused over flood risks, contamination, traffic or — and this grey area leaves plenty of room for argument — if your scheme would harm an important light-industrial area. One-fifth of prior approvals for office conversions have been vetoed. “Before you commit, it’s worth having a thorough check,” Lipton advises.

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Dear Chancellor: 10 property demands for the Budget

Grant Lipton, director and co-founder of Great Marlborough Estates, says: “This is a step in the right direction. But a cut across the board would reduce transaction friction and incentivise downsizers to release equity, decreasing under-occupation and freeing up family-sized homes for the next generation.”

 

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‘Deeply worrying’ low levels of home building in suburbs is worsening housing crisis, business chiefs warn

Dean Clifford, director and co-founder of London based developer Great Marlborough Estates, said: “This should be a wake up call for a government that wants more housing but has failed to set a clear direction to deliver the homes that London desperately needs.”

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Theresa May’s speech – property reacts

Grant Lipton, director and co-founder of Great Marlborough Estates: “If the government was a bit more ambitious, this could save the taxpayer vast sums in housing benefit while giving people genuine security in where they live. We need to see a virtuous cycle; investment in new housing, providing genuinely affordable homes for those in need, selling off stock to those who can afford it and using the cash to build more homes.”

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To fix our housing market, London needs political joint ventures

What London needs is local authorities that are willing to cooperate, to build a broad coalition that can create an enduring plan for solving these near intractable problems. To insist that everything is done your way is pure political adolescence. Moral piety doesn’t build the homes we need. Instead, our country needs ideological joint ventures.

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Javid announces social housing review

Responding to the proposed green paper, Grant Lipton, director and co-founder of Great Marlborough Estates, said: “Building more social housing would provide greater security for those in need of homes, but would also provide the exchequer with vital long term income.”

 

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Surplus prison and asylum to provide living space for London workers

Financial Times: Grant Lipton, co-founder of developers Great Marlborough Estates, says the government-backed housebuilding scheme has so far been “rather slow off the mark”.

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Government to publish social housing green paper

Grant Lipton, director of Great Marlborough Estates, said: “Building more social housing would provide greater security for those in need of homes, but would also provide the Exchequer with vital long-term income.”

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Annual housing starts up 13% in England

Dean Clifford, director and co-founder of Great Marlborough Estates, said: “Building more homes is undoubtedly a crucial step in tackling our chronic housing crisis. However, the government should also look to stamp duty reform as a way of increasing liquidity in the market, thereby freeing up existing homes. This tax on transactions creates a disincentive for those looking to downsize and makes it harder for young families to get on the housing ladder.”

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RAISE THE ROOF

Number of new homes being built across England soars 13% to its highest levels in a decade in a bid to tackle housing crisis

 

Dean Clifford, director and co-founder of Great Marlborough Estates, said: “Building more homes is undoubtedly a crucial step in tackling our chronic housing crisis.

“However, the government should also look to stamp duty reform as a way of increasing liquidity in the market, thereby freeing up existing homes.”

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Sector backs GLA’s affordable housing SPG

Grant Lipton, founder and co-director of Great Marlborough Estates, said: “The publication of this supplementary planning guidance provides a much-needed framework for tackling the chronic lack of affordable housing in London. However, the ring-fencing of section 106 contributions for developments where 50% affordable is not viable is an essential measure. Without this assurance, councils are free to spend these contributions on projects that have nothing to do with affordable housing.”

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