Savills

Uh, w- there is, there is some stuff in, in the planning document which is, I think runs to like 300 or 400 pages if anybody wants to go on the portal and, and read it in full.

And there was somebody there from Savills acting on behalf of the club who gave a, a five-minute statement.

But basically I think the club just want to get on with it as quickly as possible.

But to do that, they know they've got to get the transport plan in place.

Hello, this is Real Estate Insights, the podcast from Savills that gets to grips with the most important issues in the property world.

And there are a few bigger topics at the moment than that of viability.

When the current government came to power, they pledged to deliver 1.5 million new homes across England in this parliament.

Everything's sort of done in silos and actually what's tended to happen is that it's all come together and now everything is being embedded in those construction costs and there's limited ways that can be absorbed.

It increases the risk so it can become a lot harder to generate funding for future phases so it's almost a knock-on effect on that cash flow which inhibits the developer.

I'm Emily Williams, Director in the Residential Research Team at Savills.

And to tackle these questions, I'm joined by three expert colleagues.

Rob Waterhouse, Associate working on Commercial and Residential Development based in Manchester.

Like it was eight till eight.

It was hardcore, but it did instill... that kind of work ethic and that you need in this industry um you know so and then and then I pivoted and then I went client side so I then started went back to development side which was working for Barrett Homes actually um so I went down the new build and then I and then I then went back to Savills and that's it's really funny because our brother-in-law is it was at Savills in London um um until recently as well he left last year

yeah so it's a whole family

oh it's a whole family

Not new to planning at all.

I have been working in the sector for about the last 13 years, with the last 10 of those spent at Savills,

where I was a director there.

And you,

Aman? So I'm Aman Parekh, also in the planning team.

And like Chris, I was at Savills Pryor for about four years and have worked on a range of sort of residential and commercial schemes and actually also sat within sort of Savills specialist seal team as well.

But yeah, joined also up in the spring and things have been going well since.

Busy old time, isn't it? So you were pretty much first of April, was that right? Yeah, that's it, bang on.

So I had the

usual milk round interviews when I was at Reading, Savills, Weatherall Green Smith, Slough Estates, and one of them was Fuller Pizer in the Planning and Development Department.

And the man who interviewed me was called Paul Roberts.

He was probably one of the most influential people in my career.

£8 million slashed off the price.

Newington House in Newington, near Wallington, which was put on sale, put on for sale by Savills.

Name comes up a lot with this sort of selling.

Last September, a year ago, for £16 million, is now being advertised at seven point nine five million.

And I did three years there, one year as a sandwicher.

At the end of that, I went for my first and only ever interview at Savills.

And after 20 minutes, they gave me the job on the spot, which rather surprised me.

It was great, actually, because I didn't have to go to any more.

Where was the Savills? Was it in London? I was in Finsbury Circus.

I started in City Agency in the height of the recession.

And you cut your teeth very quickly there.

And then I was there for...