Kate Barker will be taking questions from members of the London Assembly planning and spatial development committee tomorrow at 10am at City Hall. The meeting can be viewed as a live webcast. £14million package of support for the areas worst hit by the recent flooding. HHSE. TheRead More →
The Government has missed a series of public-sector construction targets in areas such as housing, education and health, according to a report to be released this week by the Construction Products Association. The plan to upgrade 95 per cent of social housing to acceptable standards by 2017 is wellRead More →
Insurance giant Legal & General is in talks with the government about investing in the residential housing sector. It is looking into so-called ‘build to let’ opportunities to develop homes from scratch to take advantage of increasing rental returns. Read More →
The homeowner mortgage support scheme has also been launched today. It aims to help with mortgage interest payments for up to 40,000 homeowners who have lost their jobs or had a sudden loss of income. Those with mortgages up to £400,000 and with savings of less than £16,000 willRead More →
The Office of Fair Trading said it would review the buying and selling of homes next year. The review will look into internet property sites, price competition between agents and consumer protection, four years on from the last review. The study may also cover the relationship between estate agents,Read More →
Taxpayers are sitting on losses of nearly £11 billion from the government’s ‘investments’ in Britain’s banks, the body charged with overseeing them admitted yesterday. John Kingman, chief executive of UK Financial Investments, said every family in the country now had more than £3,000 invested in Lloyds Banking Group andRead More →
Housing associations that perform poorly on development could face tough sanctions from the Housing Corporation, reports Inside Housing. The goverment is considering basing Communities England in the north of England, reports Inside Housing. An overwhelming 86% of tenants in Mole Valley have backed a stock transfer withRead More →
AT LAST, some positive news about social housing. A major Rowntree report published today shows that the fortunes of unpopular estates can not just be turned around but that the gap between them and neighbouring areas can also be narrowed. Go here for a summary and here to downloadRead More →
Nationwide said its house price index rose by 1.1 per cent rise in June, taking the annual rate up to 11.1 per cent. That means that house prices are rising at their fastest rate – the equivalent of £50 a day – for more than two and a halfRead More →
The government has admitted that it seriously underestimated the number of immigrants working in the country. Work and Pensions Secretary, Peter Hain, originally stated in parliament that 2.7 million jobs had been created under Labour, of which 800,000 had gone to people born overseas. He then revised this figureRead More →