Residential
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Crest Nicholson to ignore shareholders’ vote
Crest Nicholson shareholders have rejected the housebuilder’s remuneration report with 58% voting against it at yesterday’s AGM
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House price inflation slowing
House price inflation has slowed to 6.4% from 7.8% a year ago, according to a report by Hometrack.
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Mortgage lending down 8% on month
Gross mortgage lending totalled £18.2bn in February, a rise of 0.7% on the year but down 8% on the month, figures from the Council of Mortgage Lenders show.
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More families living in temporary accommodation
The number of families in temporary accommodation rose by 10% last year to 75,740, figures from the Department for Communities and Local Government show.
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JLL counts value of bank of mum and dad
The bank of mum and dad in London and the South East is worth £103bn, according to research from JLL Residential
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World’s largest private equity backs Regal Homes
Joint venture set up to deliver London schemes of up to 500 homes
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Kier and Cross Keys form East of England jv
Kier has launched a joint venture with housing association and care home provider Cross Keys Homes Developments to build out schemes in the East of England.
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Heylo buys RP as it grows institutional access to shared ownership
LISTEN: Residential shared-ownership provider Heylo has bought a registered provider and announced an intention to raise £1bn in funding in a move it hopes will unlock a flood of institutional…
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M&G and Durkan team up to build 206 homes in East London
M&G Real Estate has completed a deal with Durkan to build 206 homes for rent in Ilford, East London.
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Asia, Europe boost Savills
Savills reported a 13% rise in revenue to £1.45bn last year, while pretax profit was up 1% at £99.8m, supported by strong growth in its European and Asian activities.
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Redrow on track for 22% rise in profit before tax
Redrow is on track to deliver a profit before tax of at least £306m for the year ending 30 June, the company said in a trading update.
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Plans submitted for first phase of Manydown
An outline planning application has been submitted for the first 3,200 homes of one of the largest residential schemes in the South East, in Basingstoke, Hampshire.