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28 November 2012

Extra £160m funding to refurbish empty homes

Permalink: Extra £160m funding to refurbish empty homes
by Gill Montia

Extra £160m funding to refurbish empty homes
The Government has launched a £160 million funding package aimed at bringing thousands of empty homes back into use across England. Communities minister, Don Foster, says he wants to “stop the rot” that empty homes can bring to blighted neighbourhoods. Latest figures ...

12 November 2012

Potential first-time buyers look to shared ownership

Permalink: Potential first-time buyers look to shared ownership
by Gill Montia

Potential first-time buyers look to shared ownership
Nearly a half of today's potential first-time buyers are considering turning to shared equity and shared ownership schemes, according to latest research from Lloyds TSB, with one in four respondents saying affordable housing is their only option when it comes ...

6 November 2012

Council pension funds to be freed up for housing

Permalink: Council pension funds to be freed up for housing
by Gill Montia

Council pension funds to be freed up for housing
Councils are to be allowed to use more of their pension funds to build new homes. Currently, local Government pension schemes across England and Wales hold combined investment assets of around £150 billion. However, fund managers are limited in the ...

28 October 2012

Architects call for UK housing revolution

Permalink: Architects call for UK housing revolution
by Gill Montia

Architects call for UK housing revolution
A new report from the Future Homes Commission, backed by the Royal Institute of British Architects, sets out a radical approach to the UK housing crisis, claiming that 300,000 homes could be built each year without an extra penny of Government ...

24 October 2012

UK house building slump continues

Permalink: UK house building slump continues
by Gill Montia

UK house building slump continues
Activity in the UK house building sector continued to fall in the three months to September, according to the latest construction market survey from the Royal Institution of Chartered Surveyors (RICS). Surveyors reported decreases in both public and private housing projects, the sector ...

22 October 2012

Rents to soar further in “unsustainable” housing market

Permalink: Rents to soar further in “unsustainable” housing market
by Gill Montia

Rents to soar further in
Years of not building enough homes have led to rising rental and house prices in the UK, leaving millions of families struggling to pay for their accommodation, according to the National Housing Federation (NHF). The result is an unsustainable ...

6 September 2012

Government unveils radical plans to boost house building

Permalink: Government unveils radical plans to boost house building
by Gill Montia

Government unveils radical plans to boost house building
The Government has launched a controversial housing and planning package aimed at delivering 70,000 new homes. The measures include: • Removing restrictions on house builders to help unlock 75,000 homes currently stalled due to sites being commercially unviable. • Developers who ...

2 September 2012

Planning reforms to create more High Street homes

Permalink: Planning reforms to create more High Street homes
by Gill Montia

Planning reforms to create more High Street homes
Communities Secretary, Eric Pickles, has approved a new measure aimed at boosting the number of homes in town centres and increasing footfall on the UK's beleaguered High Streets. Once in force, new planning rights will allow two flats to be ...

14 August 2012

RICS defines “financial viability” for developers

Permalink: RICS defines “financial viability” for developers
by Gill Montia

RICS defines
The Royal Institution of Chartered Surveyors (RICS) has published new guidance that should help planners and developers build badly needed new communities in growth areas across the UK. Since the adoption of the Government’s National Planning Policy Framework, developers and local authorities ...


Help for housebuilders snared in Section 106 agreements

Permalink: Help for housebuilders snared in Section 106 agreements
by Gill Montia

Help for housebuilders snared in Section 106 agreements
The Government is spearheading a drive to get stalled housing developments up and running and builders back on moth-balled sites. Communities Secretary, Eric Pickles, is concerned that too much development is being delayed because of "economically unrealistic" deals negotiated between ...

3 August 2012

Development land prices slip

Permalink: Development land prices slip
by Gill Montia

Development land prices slip
The price of UK development land fell marginally between April and June, according to Knight Frank, with land prices broadly mirroring the movement of mainstream house prices, which have fallen by around 0.3% since the start of 2012. The real estate firm doesn't ...

26 July 2012

Scaffold UK ltd expands into Hampshire

Permalink: Scaffold UK ltd expands into Hampshire
by Brian Turner

Scaffold UK ltd expands into Hampshire
Scaffolding UK, the UK's leading scaffolding company in the south-west of England, has announced an expansion into Hampshire. The expanded scaffolding services will cover a range of towns, including: Southampton, Basingstoke, Winchester, Alton, Andover, Fleet, Aldershot, Fareham, Farnborough, Gosport, Havant, ...

9 July 2012

Green light for large scale self-build projects

Permalink: Green light for large scale self-build projects
by Gill Montia

Green light for large scale self-build projects
Plans for the UK's first dedicated large scale self-build project have been given the green light by Housing Minister, Grant Shapps. The minister has also announced £30 million of funding to provide short-term loans to community groups, builders and other small ...

5 July 2012

Taylor Wimpey: UK housing market stable

Permalink: Taylor Wimpey: UK housing market stable
by Gill Montia

Taylor Wimpey: UK housing market stable
Despite the continued uncertainty in the eurozone and global economy, Taylor Wimpey reports that the UK housing market remained stable throughout the first half of 2012. Overall, the developer's pricing remained unchanged during the period and while mortgage lending was tight, a ...

29 June 2012

New valuation guidance for self-build and new homes

Permalink: New valuation guidance for self-build and new homes
by Gill Montia

New valuation guidance for self-build and new homes
The Royal Institution of Chartered Surveyors (RICS) has updated its guidance on the valuation of self-build and new homes in efforts to increase lenders' confidence in the sectors. Recently, the RICS has detected a growing trend among surveyors to value ...

18 May 2012

Government fails to “get Britain building”

Permalink: Government fails to “get Britain building”
by Gill Montia

Government fails to
The UK's leading housing groups have warned that the Government is failing to tackle the country’s growing housing crisis. In a collaborative report, the National Housing Federation, Shelter and The Chartered Institute of Housing highlight five key areas in need of urgent ...

17 May 2012

Homes too small to store household basics

Permalink: Homes too small to store household basics
by Gill Montia

Homes too small to store household basics
Some of Britain's homes are so small and lacking in storage space that people are taking extreme measures to squeeze into their living space. New research from the Royal Institute of British Architects (RIBA) highlights the case of a household where ...

27 March 2012

New planning policy framework takes effect

Permalink: New planning policy framework takes effect
by Gill Montia

New planning policy framework takes effect
The final version of the National Planning Policy Framework has been published today and takes effect immediately. In a statement to the House of Commons, Planning Minister, Greg Clarke, told MPs that the reforms make planning much simpler and more accessible, having ...

12 March 2012

Barclays launches NewBuy mortgages

Permalink: Barclays launches NewBuy mortgages
by Gill Montia

Barclays launches NewBuy mortgages
Barclays has launched two first-time buyer mortgages to support the Government’s NewBuy initiative, which aims to provide mortgages of up to 95% loan-to-value for new-build properties in England. First-time buyers or home movers purchasing a new build house or flat (with participating builders up ...

2 March 2012

New build planning permissions halve

Permalink: New build planning permissions halve
by Gill Montia

New build planning permissions halve
Planning applications for new housing developments in England have halved in four years, according to the Home Builders' Federation (HBF). New research commissioned by the HBF shows that in 2011, total permissions were at their lowest since 2006. The 115,000 granted last year represent ...