Number of new homes built in 2024 plunges by a fifth in blow to government house building targets May 13, 2024 "Rises in the Bank of England's base rate have driven mortgage rates higher, leading to a drop in new home purchases and a slowdown in house price growth," Steve Wood, chief executive of the NHBC said.
How long-term mortgages could help solve the UK housing crisis May 10, 2024 Short-term mortgages are great for some, but their prevalence is exacerbating challenges for first-time buyers, writes Elliot Reader.
London rejects most planning applications despite housing crisis May 3, 2024 The majority of councils refusing at least one in two submissions for new housing in 2023 are disproportionately in London, new data shows.
Slowdown in housebuilding hits Brickability’s top line April 26, 2024 The revenue decline reflected "the lower levels of demand in Bricks and associated building products experienced in the first nine months of the year."
Taylor Wimpey’s order book shrinks amid ‘value over volume’ approach April 23, 2024 Housebuilder Taylor Wimpey has reported a smaller order book and fewer sales so far this year amid "market uncertainty and affordability challenges" as it looks to growth in 2025.
Mortgage approvals rise to highest level in a year – but UK housing market rebound unlikely to last February 29, 2024 The figures show that the housing market is steadily rebounding from the impact of higher interest rates.
Skipton chief: It’s ‘dangerous’ to wait for the government to help build more houses February 29, 2024 Skipton chief Stuart Haire tells City A.M. how he plans to make the country sit up and take note of the building society.
Regulator finds ‘fundamental concerns’ in housebuilding market after year-long investigation February 26, 2024 The Competition and Markets Authority (CMA) has published its final report on the housebuilding market in Great Britain today, and it makes for daming reading for the sector.