Build more homes on small sites

Press release from the Department of Communities and Local Government and Brandon Lewis MP headlines ‘Judgement paves way to build more homes on small sites’. Housing and Planning Minister Brandon Lewis hailed a judgment that paves the way for more housebuilding on smaller sites and that will get homes built more easily. The Court of…

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Ambition to deliver 1 million homes by 2020

Housebuilding Industry and Government announce shared ambition to increase housing output. The Home Builders Federation (HBF), on behalf of its larger members, share the Government’s ambition to deliver ONE MILLION HOMES by 2020. HBF and its members recognise that delivering 1 million homes requires significant further action from the house building sector and that there…

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European loan to help build social housing

Those who are pushing to remain in the EU must be pleased with the timing of the  recent announcement by the European Union’s investment arm who are lending Britain 1 billion pounds to help build social housing, however a spokesman for the vote leave campaign reportedly said “It seems like some in Luxembourg think they can buy…

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Hunting for a home? The first time buyers guide

As we all know climbing onto the property ladder can be a difficult task. It can be a very overwhelming experience because you can get lost in mountains of paperwork and sometimes you are unsure of what you are even doing. Using a guide to determine the process can really help you work out the…

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Smoke alarms in privately rented homes still an issue.

Figures from a recent survey showed that 20% of privately rented homes have no smoke alarms fitted, the report from the English Housing Survey revealed that households with a working smoke alarm increased among owner occupiers and  local authority tenants but had not risen in privately rented homes. Fire Chiefs are concerned about the number…

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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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January house price growth steady according to Nationwide.

The Nationwide House Price index for January shows that House prices increased by 0.3%, that is down from 0.8% in December. Annual house price growth was broadly stable at 4.4% down only slightly from 4.5% previous annual change.   Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “The pace of UK house price…

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Taylor Wimpey record profits.

Taylor Wimpey PLC  yesterday released  their trading statement for the year to the 31st December 2015, they reported record profitability as demand surged. The UK’s third-biggest housebuilder reported a record operating profit margin of over 20% in the year to the end of December, on the back of strong demand in the UK housing market.…

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Fewer young people own their own home.

According to data obtained by Labour it reports that the percentage of young people in the UK who own their own home is at its joint lowest level since 1996, suggesting that only  44.9% of 20 to 30-year-olds are homeowners Predictions for next year expect property price growth to continue and to outpace wages in…

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Fall in property sales in November

Homes sold in the UK fell sharply in November, according to the latest figures from HM Revenue & Customs (HMRC), completed sales dropped from 122,000 in October to 106,000 last month. The  figure was still higher than for November  last year, residential sales for the first eleven months of 2015 are almost identical to those…

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Bellway South West division set to expand.

According to an article in the Bristol Post, House Builder Bellway Homes who  launched a new South West division in Bristol in August, is set to double their number of staff  as the housing market continues to pick up. At an event to celebrate the new regional headquarters Managing Director for Bellway South West, Paul…

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House prices in Scotland strongest since 2007

Scotland House Price Index from Your Move for October. According to Your Move property prices advanced £1,600 (1%) in October, the steepest monthly climb since March, East Lothian sees biggest boost, as new homes developments push prices up 6.3% since September. Scottish home sales up 10% year-on-year, with highest October total for eight years, £30…

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Storm Desmond hits Cumbria

The weekend news for the UK has certainly been dominated by the affects of Storm Desmond, Cumbria appears to have come out the worse with torrential rain and rivers bursting their banks, a number of public events were cancelled across East lancashire due to the affects of flooding,  heavy rainfall and strong winds prompted the…

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London homes require highest average deposit.

It is really no surprise to learn that the average London Property requires the largest deposit from buyers as a down payment to go with their mortgage in the UK. According to new figures released by Mortgage Broker Today, deposits in London rose 5% in October compared with September. Buyers now need on average £179,248…

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Waterfords reaction to Autumn Statement

Waterfords reacts to key announcements on housing from the Autumn Statement As chancellor George Osborne’s Autumn Statement unveils the “biggest house-building plan of any Government since the 1970s”, estate agents, Waterfords, says the market needs more short-term solutions, as well as those that build for the future. Is response to news that investors in property…

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