Rail Network and House Building

April 15, 2016

In a recent press release from the Gov.Uk website on the subject of Rail Network and Housebuilding it headlines ‘Regeneration of stations set to deliver thousands of new properties and jobs’

A massive programme of development of railway stations and surrounding land will deliver thousands of new homes and jobs and significantly boost local growth.

Communities Secretary Greg Clark said:
“We’re determined to fire up communities and back local business so they build much needed housing and create thousands of jobs. Rail stations are a hub of communities, connectivity and commerce and should be making the most of their unique potential to attract investment and opportunities.

“With record numbers of people travelling by train, it makes sense to bring people closer to stations and develop sites that have space for thousands of new homes and offices.

“This new initiative will bring about a step change in development and ensure we go further and faster in putting these rail sites to good use”.

 

Transport Secretary Patrick McLoughlin said:
“We are delivering the biggest programme of rail improvements since the Victorian age and have seen the transformation of stations such as Birmingham New Street, Manchester Victoria and London Kings Cross.

“As a one nation government we are determined to ensure further opportunities are grasped to put stations at the heart of wider community regeneration. This will help deliver thousands of new homes and jobs and deliver a substantial return to the taxpayer.

“I’m pleased to see that exciting visions for regeneration at Swindon, Taunton and York are being developed, with the potential for hundreds of additional homes and new businesses. I look forward to seeing how Network Rail and the Homes and Communities Agency’s excellent work on these projects develop”.

 

Read the full press release on their website click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Non-standard home insurance cover and how to get it right

Leading insurer provides the low-down on non-standard home insurance cover and how to get it right Most home insurance policies in the UK are designed for ‘standard’ homes, but not every home is considered standard. Whether the property is built with timber frames, has a flat roof or is a listed building, it may fall…
Read More →
Breaking News

Should you change mortgage lender?

The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that more than half of homeowners approaching the end of a fixed-rate mortgage are currently undecided on their future with their mortgage lender, despite notable improvements across the mortgage market over the last 12 months. The consumer insight, commissioned by Alexander Hall, surveyed 1,035…
Read More →
Breaking News

Property chains cost movers £2,000 in unexpected costs

Property ‘chain reactions’ add over £2k to moving costs on average Nearly half of home buyers who have been in property chains say they experienced delays or transaction breakdown because of related issues Problems with chains have led three in 10 to put off future moves, while one in seven say they’d only consider a…
Read More →
Breaking News

Rental demand remains resilient in 2026

The latest research from Benham and Reeves has found that around a quarter of all rental homes currently listed across Britain have already secured a tenant, highlighting continued underlying demand despite ongoing regulatory uncertainty. Benham and Reeves analysed current rental market listings to highlight current rental demand, the size of rental properties currently most in-demand…
Read More →
Breaking News

Buy-to-let lending growth matches FTBs and homemovers

The latest market analysis from Alexander Hall has revealed that buy-to-let mortgage lending has grown at an average quarterly rate of 7% over the last year, matching the pace of growth seen across both first-time buyer and home movers, as improving mortgage market conditions continue to support borrowing demand for rental properties. Alexander Hall analysed…
Read More →
Rightmove logo
Breaking News

Prices stand still in February but still strongest start to a year for prices since 2020

The average price of newly listed homes for sale is virtually flat in February , down by just £12 (-0.0%) to £368,019 Despite the standstill in prices in February, January’s record asking price increase for the time of year means that it is still the strongest start to a year for asking prices since 2020,…
Read More →