Old buildings are not as important as people having places to live March 14, 2024 Objections to ripping down an art deco cinema in Birmingham are understandable, but if we want our cities to have vibrant art scenes, we need strong economies to support them, says Will Cooling It’s easy to forget that the most important letter in Nimby is the M. Arguments about degrowth, city centre living or suburban [...]
Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence March 6, 2024 The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.
London is crying out for more homes –here’s how the next mayor can build them March 5, 2024 It will take a young couple on a normal income 30 years to save a deposit to buy the average property in London, but there is a way to change that, writes Sam Richards London is in a housing crisis. The boom the city has experienced over the past three decades has seen the number [...]
The hidden infrastructure holding back the housing market March 4, 2024 Politicians of all stripes are promising to help more people onto the housing ladder, but behind the headline-grabbing policies, the elephant in the room is whether the mortgage and conveyancing market can cope with a spike in transactions, says Joe Pepper The housing market will be a key battleground in the forthcoming election, and we [...]
Why the Spring Budget could be crucial for prospective homeowners March 1, 2024 For anyone looking to invest in bricks and mortar, the contents of Jeremy Hunt’s Budget red box will likely be a source of more than a little fascination.
Leasehold and rental reforms slated as ‘contentious’ and ‘destabilising’ February 29, 2024 The government has come under fire for its flagship housing reforms, with developments to new laws on leasehold reform and rental rights branded “contentious” and “destabilising”.
Skipton chief: It’s ‘dangerous’ to wait for the government to help build more houses February 29, 2024 Skipton chief Stuart Haire tells Morning Wire how he plans to make the country sit up and take note of the building society.
Why the ‘mood music’ surrounding the housing market outside London has changed February 27, 2024 An influx of new residents into Manchester, Birmingham, Leeds, Bristol, Edinburgh and Glasgow helped the housing market remain resilient during 2023, according to a new report.
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Scottish affordable house builder Springfield Properties latest to feel the pain of property slowdown February 20, 2024 A Scottish house building company is one of the latest to be financially bruised by last year’s slowdown in property sales.