Labour’s mutant algorithm will put houses in places that need them least August 5, 2024 Why has Labour reduced building targets in areas where the housing crisis is most acute – like London – while blanketing more affordable places, like Burnley, with new development? It all comes down to the algorithm, explains Josh Coupland On Tuesday, newly crowned yimby queen, Angela Rayner announced a raft of measures to get Britain [...]
Skipton mortgages shoot up as society hits million savers mark August 2, 2024 Mortgages delivered by Skipton Group rose almost 11 per cent over the last year to a whopping £30bn, the group said.
House price growth accelerates ahead of potential interest rate cut August 1, 2024 UK house price growth has accelerated in the past month as buyer confidence picked up and mortgage rates fell ahead of a potential interest rate cut by the Bank of England. UK house prices rose by 0.3 per cent month on month in July, Nationwide reported in their monthly house price index. The annual growth [...]
Rayner must defy her own backbenchers and build, baby, build July 31, 2024 Angela Rayner has clearly been reading Morning Wire. In a statement to the House of Commons yesterday the housing secretary outlined plans to build 370,000 homes a year, in a clear victory for our Build, Baby, Build campaign. The challenge now is to realise that ambition in bricks and mortar. It is encouraging, then, that [...]
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam July 30, 2024 London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being navigated by its new chief executive.
Lloyds housing fund snaps up £300m Watkin Jones scheme in London’s Stratford July 29, 2024 A housing impact investment fund run out of Lloyds Banking Group has snapped up a new 397 bed purpose-built student accommodation (PBSA) development in Stratford in a deal worth nearly £300m.
Build, Baby, Build: If you want growth, you need social housing July 24, 2024 Key workers are being priced out of renting in London, placing huge human and economic costs on the capital. By recognising the value of social housing to people and to the economy, we can make the case to build more much-needed social housing in London and create a more affordable, more inclusive city for all [...]
How to be a Super Yimby – and help fix Britain’s housing crisis July 22, 2024 The UK desperately needs new homes, but some are determined to get in the way. Here's Morning Wire's guide to how to be a Super Yimby.
King’s Speech: Labour to phase out leasehold system July 17, 2024 Labour will ban the sale of leasehold flats and attempt to replace the system with commonhold, according to plans unveiled in the King's Speech today.
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth July 17, 2024 A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking national housing and infrastructure projects.