Value of UK housing stock dropped by £27bn in 2023 as high costs hurt market February 14, 2024 The UK’s housing stock has seen its first annual decline in value since 2012 after some £27bn was wiped off last year, according to new analysis, amid higher mortgage costs and pressure on household finances. Figures from property firm Savills showed that despite the fall, the value of housing remained £1.585tn higher than 2019, before [...]
Chamber of Commerce warns new Gove housing reforms could ‘squeeze out’ economic activity from the capital February 13, 2024 Levelling up and housing secretary Michael Gove has announced plans to drive more so-called 'brownfield' site developments in London.
Housing market reforms to come thick and fast as Rishi Sunak gears up for general election February 13, 2024 Prime Minister Rishi Sunak has a fight on his hands to regain the confidence of younger, aspiring homeowners (Photo credit: Stefan Rousseau/PA Wire)
‘Barratt Redrow’ merger to highlight investors’ skewed opinions on UK housing market February 7, 2024 Shares in major FTSE 100 and 250 housebuilders suffered a mixed day so far on the London market, as Barratt Developments' surprise £2.5bn megamerger with Redrow highlighted investors' skewed opinions on the state of UK housing.
Springfield: London-listed property developer inks £15m affordable housing deal February 6, 2024 Scottish housebuilder Springfield has won a £15.3m contract to build affordable housing in the region. In an update this morning, the London-listed firm said it would be working with Highland Housing Alliance to complete the homes. Innes Smith, chief of Springfield Properties, said:“Within the last eight months, we have signed contracts worth circa £40m with [...]
In a housing crisis it’s mad that millions of vacant offices cannot be turned into homes January 29, 2024 Planning regulations are preventing vacant offices from being turned into vitally-needed homes despite the housing crisis, writes Tyler Goodwin
Let’s be honest, demonising landlords won’t solve Britain’s housing crisis January 25, 2024 Landlords are an easy target for our housing grievances, but fewer of them won't help renters, writes Matthew Lesh.
Our credit scoring system is out of date and Generation Rent is paying the price January 23, 2024 Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.
The housing crisis will wage on if we don’t fix TfL’s funding problem January 22, 2024 Stop-gap funding for TfL is not only worsening London's transport system, but also its housing, writes Muniya Barua.
Housing slump continues as Marshalls cost-cutting fails to halt revenue slide January 18, 2024 In a trading update, published today, Marshalls said actions to save around £11m annually, including factory mothballing, shift slashes and business re-shuffling couldn't prevent year-on-year group revenues falling by seven per cent to £671m.