Brickability: Construction suppliers’ profit slides by a third on housing market woes July 16, 2024 Chair John Richards said Brickability had continued to "demonstrate resilience and deliver a robust financial performance."
OBR, workers rights and planning: What to watch out for in the King’s Speech? July 16, 2024 Labour will set out their programme for government on Wednesday, when King Charles will deliver the King’s Speech as part of the state opening of Parliament.
The housing crisis is trapping adults in perpetual adolescence July 16, 2024 Older generations don’t understand the emotional toll lack of housing is taking on young people who are having to postpone adult milestones, says Emma Revell In an ironic turn of events, I may have become one of the first home-owners of the Starmer era. On 5th July, having been awake for well over 24 hours [...]
High interest rates and the election dampened London prime property market July 12, 2024 It was a slow June for London prime property, with transactions down 17 per cent compared to the same month last year. Analysts have blamed the general election for the dip in demand, as buyers waited for certainty and stability before investing in property. “A lot of buyers postponed plans due to a combination of [...]
Barratt: Capacity to build new homes, but not enough land to build on July 10, 2024 Barratt is one of the UK's top builiders, but it has struggled to grow this year.
Is UK housing back on track? London estate agent Winkworth’s sales are on the up July 10, 2024 Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year to be in line with market expectations of £2.4 million, and announced a shareholder dividend of 3p per share to be paid for the second [...]
Housebuilding giants Bellway, Berkeley and Barratt laud Reeves’ planning pledge July 8, 2024 Some of the UK's largest property and housebuilding firms have welcomed the new Labour government's promise to "get Britain building again" with a reintroduction of compulsory housebuilding targets, calling them "hugely encouraging".
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’ July 8, 2024 Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.
Planning reform: How Labour wants to get Britain building again July 6, 2024 Labour argues the planning regime acts as a "major brake on economic growth".
Investment in UK student housing climbs 245 per cent to record high July 4, 2024 Investment in the UK's purpose-built student accommodation (PBSA) sector soared to £1.7bn during the first half of the year, according to BNP Paribas, in yet another sign of the real estate class's eye-popping growth.