Proposed planning changes to help boost housing supply and improve affordability

Announcement from Department for Communities and Local Government and the Communities Secretary Sajid Javid 14th September 2017 headlined ‘New planning approach to speed up delivering homes’. An innovative approach to planning new homes will ensure they’re built where most needed, save councils millions of pounds every year and help deliver more affordable homes has been…

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Virgin Money partners with Countrywide

News release from Countrywide 18th August 2017 headlined ‘Virgin Money partners with Countrywide to support bottowers fro New Build, Custom Build and Shared Ownership properties.’ Countrywide Surveying Services has been appointed by Virgin Money as its valuation services partner to support borrowers for New Build, Custom Build and Shared Ownership properties. Commenting on the new…

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Top tips on converting your dusty dank loft

Converting Loft

Before you commence with any work, you need decide what you want to do with this space, work out a budget and determine if it is going to be possible. Having a plan and your ideas laid out is a good place to start. In most cases when you think of an attic you will…

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Governments Housing aims

Speaking yesterday at the Home Builders Federation Policy Forum 2016, Housing Minister Brandon Lewis outlined the Governments housing aims including it’s intention to deliver 1 million homes by 2020. In his introduction he mentioned the plans in the previous weeks budget announcement: for an economy set to grow faster than any other major advanced country…

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Strong performance for Barratt Developments

Barratt Developments PLC Half Yearly Financial report for the 6 months ended 31st December 2015. Strong performance reported in that half.  To see the report in full click here Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said: “In line with our strategy, we have stepped up the number of completions…

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Surge in new homes built and bought.

Help to buy creates surge in new homes built and bought according to Press release yesterday from the Department of Communities and Local Government and Brandon Lewis MP. New research has found 43% additional new homes built as a direct result of Help to Buy equity loan. Key points are: 82% of buyers would not…

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Homes with planning permission yet to be built.

New research published yesterday by the Local Government Association reveals there are a record 475,647 homes in England which have been given planning permission but have yet to be built, the study was carried out by industry experts Glenigan The LGA said that the figures underline the need for councils to be able to invest…

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Massive housing boost from Persimmon

The Chancellor of the Exchequer George Osborne welcomes the massive housing boost from Persimmon, they have announced to build over 80,000 homes and create 1000 jobs over the next five years. The 1,000 new employees will join Persimmon’s existing 4,500-strong workforce, which in the past year has included 200 young apprentices. The company started work…

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Numbers of new homes rising.

A recent press release from the Department for Communities and Local Government announces that the number of New Homes keeps rising – the highest annual increase since 2008. Greg Clark MP   welcomed the latest figures showing the country is building again, with 753,000 new homes provided since 2010. The Communities Secretary said that these figures…

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Countrywide third quarter trading update.

Countrywide PLC the UK’s largest integrated property services group, issues its trading update for the quarter ended 30 September 2015. Countrywide continues to perform well across its diversified portfolio, not withstanding the impact on their estate agency business of lower levels of housing transactions than in 2014. Commenting on the Group’s performance, Alison Platt, CEO…

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Cala Group reports soaring profits.

Cala Group house builders have announced announced a near-doubling of pre-tax profits to a record £50.9million for the year to June 30, the group who target the relatively affluent areas of the UK saw revenue soar by 79% to £511.6million, the company reaped the rewards of the first full year of a new strategy to…

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House prices up in July

According to the Nationwide house prices rose  on a month on month basis by 0.4% in July, that was in line with with forecasts and followed a fall of 0.2% the previous month of June. Annual growth was also up from 3.3% in June to 3.5% in July. Nationwide economist Robert Gardner reportedly said “After…

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Countrywide half yearly results

Countrywide PLC interim results posted today: Group income grew to £338.6 million, however, a difficult UK housing market led to £41.0 million of EBITDA versus £45.0 million in the same period last year. Grenville Turner, Chairman at Countrywide plc, commented: “While we remain cautious, we are also optimistic as our broad-based business with diversified revenue…

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Taylor Wimpey pre-tax profits up 33%

Along with Rightmove who we had as a “Breaking News” item yesterday another major property industry company posted their half yearly results on wednesday,  showing a strong 2015 first half performance with pre-tax profits up 33%. Chief Executive Pete Redfern, commented,”We have used the opportunity of a stable and positive housing market to make significant…

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