Plan to deliver tens of thousands of new homes and jobs in the capital through the creation of new opportunity areas have been announced by the Mayor of London, Boris Johnson.
HOUSE building across the UK continued its revival towards the end of 2013 with the private sector leading the way, a report out today reveals. However, the current increase in activity is being met wi...
The Bank of England’s stunning move to clamp down on rising house prices sent shockwaves through the City’s listed housebuilders, wiping more than one billion pounds off the sector as panicking investors dumped the shares.
Governor Mark Carney’s comments over “evolving risks” and a package of measures to rein in mortgage lending, including changes to its Funding for Lending scheme and potentially more stringent affordability criteria for borrowers, sent traders running for cover.
London Mayor Boris Johnson wants to establish up to ten residential enterprise zones in the capital which would enjoy streamlined planning and other tax incentives as part of the capital’s new draft housing strategy.
Such housing zones would be located in existing Opportunity Areas of which there are currently 33 across the city.
The draft strategy includes a new minimum annual target of 42,000 new homes and reveals proposals to set up a London Housing Bank next year with funding of £160m from the Greater London Authority.
Reforms which will allow farm buildings to be turned far more readily into homes have come under fire.
The Campaign to Protect Rural England has warned that the move is badly thought through and will lead to a rash of unsuitable housing development “popping up” in the countryside, without the safeguards provided by the planning system.
Secretary of state Eric Pickles has backed a developer against a council over affordable housing requirements. Separately, another council has let a developer off its obligation to provide further affordable homes.
Mechanical ventilation and heat recovery systems in ten new homes that were especially monitored over 18 months were so badly designed or installed that nine had to be re-commissioned and one replaced.
UK housebuilding activity grew last month at its fastest pace for almost a decade, according to a closely-watched survey.
Two major housing schemes – each involving 350 new homes - are set to go ahead following successful recovered appeal decisions involving sites in north east England.
Treasury Minister Sajid Javid said the Help to Buy scheme, which aims to get people on the housing ladder was "for everyone" and not just young people.
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