Buyers and sellers could be required to sign £1,000 reservation agreements as part of plans by the Government to end gazumping. A trial of reservation agreements is set to get underway early next year where some of the money paid would be used as compensation if either buyer or seller pulls out without a good […]
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The majority of people are supportive of more homes being built in their local area with 57% doing so and just 23% being opposed to the developments, according to the latest British Social Attitudes survey. The survey, run annually by the National Centre for Social Research (NatCen) and published by the Ministry of Housing, Communities […]
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Existing home sales in the United States fell back in September following two consecutive months of increases, down 2.2% month on month, the latest industry figures show. But completed transactions that include single-family homes, town homes, condominiums and co-ops, were up 3.9% from a year ago, according to the figures published by the National Association […]
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Residential mortgage approvals reached their highest level of approvals registered during October since 2015, up 9.8% higher annually, the latest industry figures show. The data from UK Finance shows that there were 42,300 home buyers entering the market during the month. The latest figures demonstrate a very real appetite for home ownership across the UK […]
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Landlords are warning of a rented housing supply crisis in the UK as a new survey shows more landlords are selling properties than buying whilst demand continues to increase. According to research by the Residential Landlords Association (RLA) based on a survey of over 2,700 landlords, almost 25% have seen the demand for private rented […]
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The Government has made a commitment to more new homes being built in England using modern methods of construction (MMC). A centre for excellence is to be created for MMC across the North of England and Homes England is providing £38.2 million to help build 2,000 new homes in the sector. According to Housing Minister […]
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The Purpose-Built Student Accommodation Sector (PBSA) in the UK has grown by a record 5.3% in 2019 which equates to more than 34,000 new beds coming to the market. New research from student property platform StuRents shows that there is a considerable supply pipeline of 120,000 beds either approved or awaiting approval, and it is […]
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Legal & General Affordable Homes has announced that it has committed £750 million to new affordable housing projects throughout the UK, increasing its development pipeline to nearly 3,500 homes, across 41 schemes. It has undergone significant expansion over the last year as it strives to become the UK’s leading Institutional Registered Provider (IRP), with the […]
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The National Federation of Builders (NFB) has called on the Government to reform the way developers contribute to local communities after the City of London revealed that millions of pounds remain unspent. With so little transparency around developer contributions, the NFB lobbied the Government to introduce legislation requiring councils to publish details of where contributions […]
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Improving market sentiment in France is translating into stronger demand for luxury property with Paris leading the way in terms of sales and price growth which is now expanding into regional markets, according to a new analysis. Provence and the French Riviera, then Gascony and the French Alps have all seen growth with the Eurostar […]
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