Building three million new homes and turning the UK into a zero-carbon economy is a contradiction, said tax and advisory firm Blick Rothenberg, Alex Altmann, a partner at the firm, was responding to Prime Minister Boris Johnson’s pledge to ‘build, build, build’ on Tuesday. He said: “Reforming the planning system and investing in house building […]
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Investec Structured Property Finance has provided purpose-built student accommodation (PBSA) provider Scape with a £17.5m senior loan to fund the acquisition and development of its Thanet Street scheme in Bloomsbury, London WC1. The project will see the refurbishment of the existing property to deliver 60 self-contained studio units. Amenities will include a large break-out reception […]
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The student housing division of Glasgow-based property developer London & Scottish Property Investment Management (LSPIM) has sold its first two luxury student property developments in Sheffield and Leeds for £90m. LSPIM developed and sold the properties, which currently provide homes for over 700 students, on behalf of a US-based private investor. The properties were marketed […]
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Two in five (40%) homeowners would prioritise space for a home office if they were searching for a new home, a survey from the Home Builders Federation has found. Some 55% of people now value their home space more than ever due to the lockdown. Almost a quarter of people (22%) aged 25-34 revealed that […]
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The courts will hear repossession cases again from the 24th August, a government minister has confirmed. From then “the courts will begin to process possession cases again”, said Lord Greenhalgh, a minister at the Ministry for Housing, Communities and Local Government. Evictions will have been banned for five months by this time. David Cox, chief […]
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Lettings market activity in June was significantly higher than the same month last year, the Rental Index from Goodlord has shown. After number of new tenancy applications were received during May, June saw that demand translate into completed lets. The number of completed lets stayed above 2019 averages for all but six days of June, […]
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Luke Smith is director of development and investment consultancy Avory Smith (Pictured, right, with Paul Saker, construction director) The government, in a bid to address the ‘housing crisis’, recently announced new airspace development laws. Essentially what this means is that from August 1st, you will be able to extend blocks of flats upwards by two […]
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Canopy, the digital rental ‘ecosystem’, has raised over £2m from an investment round led by West Hill Capital. This brings its total seed capital to over £10m. The company works by replacing cash deposits with deposit insurance products using the Canopy RentPassport, which details a tenants’ rental history. Tahir Farooqui, founder and chief executive, Canopy, […]
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Prime Minister Boris Johnson has pledged to battle the economic impact of coronavirus by promising to ‘build, build, build’. The PM said he will introduce a ‘new deal’ – comparing the policies to a series of programs and reforms introduced by former US President Franklin D. Roosevelt between 1933 and 1939 to help the country […]
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Legal & General has committed to making its new housing stock net zero carbon enabled by 2030. This will be implemented in a phased approach across all homes invested in or built by Legal & General Group including: Build to Rent, Build to Sell, later living and affordable housing. Net zero carbon will be achieved […]
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