Miller Homes snaps up Wallace Land Investments Miller Homes has acquired Wallace Land Investments and Management Limited, a strategic land promotion company, accelerating the expansion of Miller Homes’ landbank and growth to deliver 5,000 homes per annum over the medium term. Wallace was founded in 2009 in Edinburgh and over the years, the business has…
Councils fear empty offices will result in substandard homes Office blocks that are left empty following the coronavirus pandemic risk being turned into potential substandard housing as a result of rules that allow developers to convert buildings into homes without planning permission, councils warn. New analysis by the Local Government Association found that more than…
Stamp Duty holiday triggers 22% rise in monthly property transactions The current Stamp Duty Land Tax (SDLT) holiday has helped deliver a property market stimulus that has far outweighed the immediate response to the 2007/08 financial crisis, according to new analysis by Search Acumen, the property data and insight provider. Despite causing an uplift in…
Urban residents more satisfied with local area than country dwellers Those living in built up areas are more satisfied with their surroundings than those who live in rural areas, according to new research which suggests the more rural an area becomes, the less happy its residents are. New research from Demos, commissioned by Legal &…
Hill Group posts record revenues in spite of COVID The Hill Group has posted a strong set of financial results for 2020 during what was the company’s most challenging year in its more than twenty year history. The UK’s third largest privately owned housebuilder posted a record turnover of £651m, up 12% on the previous year and…
Why the pandemic could spark a resurgence for SME housebuilders Sam Le Pard, co-founder of LEXI Finance looks at why the pandemic has caused a resurgence for SME housebuilders. In the late 1980s, SME developers were building around four in 10 of all new homes. By 2016, these same firms were only developing 12 percent,…
Research: Build to Rent could make up 20% of new-build market The latest research from build to rent specialists, Ascend Properties, has revealed just how much growth potential is left in the sector if the US property market is anything to go by. Across the pond, the comparable build to rent model, or multi-family as it’s…
UK’s first purpose-built LGBT+ retirement scheme moves forward Proposals to deliver the UK’s first purpose built and co-produced LGBT+ older person’s housing scheme have taken a significant leap forward this week as Anchor Hanover – England’s largest not-for-profit provider of housing and care for people in later life – has been chosen as preferred partner…
Berkeley Group posts upbeat trading statement The Berkeley Group has released the below trading statement that covers the period from 1 November 2020 to 28 February 2021. “Since the half year, Berkeley has continued to trade robustly. The health, safety and well-being of our people remains uppermost in our minds. As the impact of Covid-19…
Parliament taskforce calls for suburban renaissance The parliamentary Suburban Taskforce has unveiled an Update Report summarising its workstreams and emerging considerations since it formed in March 2020. This includes key feedback from its public “Call for Evidence” and initial data analysis. The cross-party Taskforce was established, with the backing of the government, to shine a light…
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