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The latest research by Unlatch, the platform for developers to digitise and accelerate their new-homes sales process, has revealed just how much cheaper energy bills are for new-build homeowners, as they stand to save as much as £800 a year when energy bills jump by 54%. Unlatch analysed data on the average annual energy bill for…
The This City housing development company – wholly owned by Manchester City Council – has formally launched to accelerate the number of new homes for Manchester people. Schemes developed through This City will focus on high quality, low-carbon homes and will deliver a mix of accessible rent and market properties – with the latter helping…
The Mayor of London, Sadiq Khan, has warned that the double impact of the pandemic and Brexit is forcing up the cost of building materials and causing workforce shortages, which is slowing house-building progress in London. The Government’s own data shows that the cost of construction materials, such as steel, timber and concrete for all types…
he combination of the race for space, a stamp duty holiday and an ongoing affordability squeeze has altered the landscape for UK house prices. Simple arithmetic tells us the stamp duty holiday benefitted some property markets more than others. The measure, which ran from July 2020 to September 2021, was designed to help the UK…
Lovell Partnerships selected as joint venture preferred bidder by Suffolk County Council Suffolk County Council has agreed to join forces with Lovell Partnerships to form a property development alliance to build nearly 3,000 much-needed homes. The joint venture will deliver new housing-led developments to be built on council land. Lovell Partnerships were identified as the…
The latest property market analysis by London lettings and estate agent, Benham and Reeves, reveals which Prime London markets have experienced the strongest growth in demand during Q4 2021. The PCL Homebuyer Demand Index by Benham and Reeves monitors demand for homes valued between £2-£10 million and £10 million and above based on the ratio of…
Investment into the UK’s prop tech sector has reached record levels in 2021 and more than quadrupled since last year, as the growing sector matures. In analysing UK prop tech funding round data for 20211, prop tech-focused venture capital (VC) firm Pi Labs identified there has been £1.6 billion of investment into the sector so far this year, a…
Residential developer London Square’s acquisition of the final three phases of the Royal Mail’s Nine Elms Park sites, with a £400m gross development value, heralds the launch of London Square Living – the company’s new Build to Rent division. London Square Living, which sources sites and develops them for rentals, has five new BTR sites…
Galliard Homes Chief Executive Officer Don O’Sullivan will be stepping down as CEO and is leaving the business at the end of March 2022 to seek new challenges elsewhere. Stephen Conway, Co-Founder and Executive Chairman of Galliard Homes will be resuming the role of CEO and Darren Maguire will be appointed to the board of Galliard Homes as the new Managing…
Mortgage borrowing was curbed by the end of the stamp duty holiday in September, but low interest rates and the race for space are keeping the market buoyant. Net borrowing of mortgage debt by individuals amounted to £1.6 billion in October, down from £9.3 billion in September, according to the latest Bank of England data.…
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