Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]
‘Steady picture’: UK house prices increase at fastest rate since July 2022, as London rose slowest July 17, 2024 Expectations of a cut to interest rates and continued tight supply helped house prices to rise for the third successive month in May, the Office for National Statistics has said.
Legal and General rows in behind Reeves’ housebuilding drive with £125m fund July 15, 2024 Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.
Mark Kleinman: Water sector’s goodwill will evaporate under Labour July 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. This week he writes about the new government’s plans for water firms, housebuilders and Schroders The moment has arrived. By the time City AM readers set eyes on today’s newspaper, Ofwat, the water [...]
Housebuilder Barratt to deliver profit ‘slightly ahead’ of expectations despite challenging conditions July 10, 2024 In a trading update covering the year to June, Barratt said that total home completions were at 14,004. Although this was down on 17,206 last year, it was still at the "upper end" of the firm's guidance.
Housebuilding giants Bellway, Berkeley and Barratt laud Reeves’ planning pledge July 8, 2024 Some of the UK's largest property and housebuilding firms have welcomed the new Labour government's promise to "get Britain building again" with a reintroduction of compulsory housebuilding targets, calling them "hugely encouraging".
UK house prices ‘relatively flat’ for third straight month before expected interest rate cut July 5, 2024 House prices have remained "relatively flat" for the third consecutive month in June, down 0.2 per cent, according to new data from Halifax.
Cairn Homes: Surge in first time buyers drives record revenue July 3, 2024 Irish housebuilder Cairn Homes has seen its revenue hit record levels due to a surge in demand among first time buyers.
House prices nudge up in “subdued” property market July 1, 2024 House prices rose just 0.2 per cent between May and June this year, as activity in the market remained "fairly subdued".
Build, baby, build: Want to solve the housing crisis? Forget town planners at your peril June 29, 2024 There's no point building homes if they're not in places people want to live, but public sector planning is in dire straights, writes Victoria Hills