Wain Estates has concluded the sale of a 15-acre residential site as part of its long-term plan for the redevelopment and regeneration of the former Shell Refinery site in Trafford, Greater Manchester. The Meadow, on Manchester Road, which has outline planning consent, has been acquired by Anwyl Homes Lancashire following a competitive tender process, jointly…
A planning application for 34 new homes in Offenham has been submitted to Wychavon District Council. The development, put forward by residential land specialist Terra, is proposed for development in the emerging South Worcestershire Development Plan Review and would bring much-needed new housing to the area, with 40% of the homes designated as affordable. Jordan…
25 zero-carbon homes have been completed in Southmoor, Oxfordshire, thought to be one of the UK’s most sustainable residential development projects. Springfield Meadows, funded by Triodos Bank UK, comprises shared outdoor spaces and private gardens, using a zero-carbon construction method which also delivers net-zero energy. All of the homes, developed by Ssassy Property, are now…
HOK’s London studio has secured detailed planning approval for a new neighbourhood made up exclusively of affordable homes. The development in Northolt will comprise 92 homes and will be undertaken on behalf of Broadway Living, Ealing Council’s wholly-owned housing company. Northolt Grange, which was approved unanimously at committee, will sit on a one-acre site and…
The Mayor of London, Sadiq Khan, has doubled the council housebuilding target for the capital, aiming for a total of 20,000 new City Hall-backed homes by 2024, after previously meeting the former 10,000 target. This turnaround in council building has been driven by initiatives such as the Mayor’s £1bn Building Council Homes for Londoners grant…
A new strategic partnership between Places for People Living Plus and Lovell Later Living has been announced which will strengthen the existing collaborative relationship and pave the way for more later living specialist homes. The announcement follows the two companies working in partnership to develop four later living extra care communities to date, with a…
In the face of rising inflation, interest rates and living costs, the Bank of England’s decision to remove its affordability test is proving contentious. Following its latest review of the mortgage market, the Financial Policy Committee has confirmed that it will withdraw its affordability test Recommendation. This will come into effect from 1 August 2022.…
Demand from prospective house buyers fell in May 2022, a potential side effect of the rising cost of living and higher interest rates, although house prices in the short term are expected to rise – this according to the latest UK Residential Market Survey (May), from the Royal Institution of Chartered Surveyors (RICS). Respondents reported…
Over 150 new homes for private rental to be delivered across the Midlands following new partnership between Countryside and Start Living. A new partnership between Countryside, the UK’s leading mixed-tenure developer, and Start Living Residential, a new single-family build-to-rent joint venture between Gatehouse Bank and TPG Real Estate Partners (TPGREP), will see over 150 new…
Frustrated sellers from last year are helping to drive stock levels higher, writes Knight Frank. After months of low supply in the UK housing market, the number of listings is finally starting to rise. Late into the spring market, supply is picking up as economic jitters mount and a belief grows that house prices may…
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