Residential
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Resi towers increasingly built for rent as construction soars
LOREMA: The building bricks for residential towers across London are finally being laid, but not for sale, increasingly for rent, according to EG’s latest LOREMA report.
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Telford forecasts profits from build-to-rent push
Telford Homes expects to announce record revenues and profits for the year to 31 March 2017, ahead of market expectations
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McCarthy & Stone blames Brexit vote for profit dip
Retirement housebuilder McCarthy & Stone has posted a 25% dip in pretax profits
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Galliford abandons Bovis merger
Galliford Try has announced that it is no longer considering a merger with Bovis Homes.
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Construction PMI dips in March
Weaker housebuilding activity acted as a drag on the construction sector in March, with the Markit/CIPS purchasing managers’ index for construction falling to a below-expectations 52.2 from 52.5 a month…
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43% of new builds now leasehold
The leasehold system has made a dramatic comeback since the 1990s, with 43% of new builds – including houses as well as flats – now leasehold compared with 22% in…
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Parents paying large premium for homes near best schools
Parents are paying more than £50,000 to buy homes within catchment areas for outstanding schools, according to a survey of one million homes in England by Rightmove.
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13,500 new homes unsold as London market cools
London housing starts are set to slow after 2017, as uncertainty in the sales markets continues to affect sentiment, according to Savills research
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Berkeley buys 21-acre west London industrial site
Berkeley has bought its largest scheme in the capital since the referendum with the acquisition of a 21-acre site from SEGRO
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Property industry calls for government to back Crossrail 2
Property developers and housing associations are among those writing to chancellor Philip Hammond urging him to give the green light to Crossrail 2.
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Stoer Head lighthouse in Scotland for sale
Stoer Head lighthouse, designed by the father of writer Robert Louis Stevenson, is back on the market after last being sold in 2013.
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Permission in principle could seriously boost housing delivery
COMMENT Jackie Sadek eyes the HCA reboot, new tools for councils to speed up development, and a planning initiative with exciting potential