Mortgage approvals hit highest level in two years as housing market recovers September 30, 2024 According to figures from the Bank of England, 64,900 mortgages were approved last month, up from 62,500 in July.
Housing is an opportunity, not a problem September 28, 2024 Operating in a sector so often labelled as ‘in crisis’, it’s easy to forget that housing is a safer investment than many realise, says Chris Benn City grandee Sir Nigel Wilson published a report this month that outlined how Britain will need to invest £1tn over the next decade to realise its growth potential. It’s [...]
We need more new towns like Brent Cross – but we need them in the right places September 25, 2024 Brent Cross is London's newest park town. Its proximity to London has been crucial to making it a success, writes Tom Goodall
Historic Magna Carta house hits market for £4.5m September 23, 2024 The Victorian listed home where King John signed the Magna Carta in 1215 is on the market for £4.5m
Pension giants ink £1bn build-to-rent deal September 23, 2024 “We can see there’s a critical shortage of housing supply, coupled with increasing demand for high-quality rental homes,” said Elizabeth Fernando, chief investment officer at the workplace pension fund said.
Two-year mortgage rates fall as markets brace for future interest rate cuts September 20, 2024 Two-year mortgage deals are becoming increasingly competitive as rates continue to fall faster than longer-term deals.
MJ Gleeson: Planning setbacks hit profit September 18, 2024 Housebuilder MJ Gleeson has blamed planning setbacks in the UK for a decline in operating profit. Overall revenue at Gleeson rose by 5.2 per cent from £328.3m to £345.3m, although profit before tax fell by 21.3 per cent to £24.9m. The company – split into a land division and homebuilding division – said that Gleeson [...]
London developer seeks planning approval for delayed Earls Court project September 17, 2024 The Earls Court Development Company (ECDC) has officially submitted its long-awaited plans for the first phase of redevelopment for its central London site.
Triple Point: Social housing firm bets on Labour boost September 13, 2024 A listed social housing investor said the industry is set for a boost under the Labour government today as ministers prepare to tear up planning laws and kick off a housebuilding drive. Triple Point, which invests in supported accommodation, said in its half-year results that it is expecting a period of “greater political stability” that is [...]
Renters’ Rights Bill: What is it and what does it mean for the market? September 12, 2024 Labour’s Renters’ Rights Bill, which landlord groups have said will be the biggest change in the sector for over thirty years, entered parliament this week. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including removing no-fault evictions, tightening housing standards and loosening rules on pet ownership, King Charles [...]