Residential
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Low-skilled spending 40% of pay on rent
Low-skilled workers in England are having to spend 40% or more of their pay on rent, research by the National Housing Federation shows.
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House builders accused of poor quality
A survey carried out by the National House Building Council revealed growing dissatisfaction among customers about build quality.
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Leigh Court sold for £18.8m for residential development
Leigh Court in West Kensington, London, has been sold by The Leading Properties of the World for £18.8m.
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Southern Grove and Tadhamon Capital launch student platform
Residential developer Southern Grove and Bahrain based investor Tadhamon Capital have launched a new student jv that is targeting a 10,000-bed portfolio within the next five years
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Complaints about build quality rise
A survey carried out by the National House Building Council reveals growing dissatisfaction among customers about build quality.
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Mortgage approvals down 1.2%
Mortgage approvals were below expectations at 68,315 in February, down from 69,114 a month earlier, data from the Bank of England showed.
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Scottish referendum threat deters foreign property investors
The possibility of a second referendum on Scottish independence is deterring foreign buyers from investing in the property market there.
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Red Door proposes private rental tower
Red Door Ventures, a wholly owned subsidiary of Newham Council, is proposing two residential towers in Plaistow, E13
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Liz Peace to chair Old Oak and Park Royal
Former chief executive of the British Property Federation Liz Peace is to be appointed chair of the Old Oak and Park Royal Development Corporation in London.
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HCA appoints Barratt director for accelerated construction arm
The Homes and Communities Agency has appointed Stephen Kinsella as its new director of accelerated construction
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London’s new build resi market shows signs of life
LISTEN: Adam Challis explains JLL’s central London development report