Cordea Savills, the funds arm of property services firm Savills, has launched the UK Income and Growth Fund to acquire prime assets in Britain’s recovering commercial property market. The fund is aiming to raise a total of 1 billion pounds over the next few years, and plans to deliverRead More →
Rural communities are struggling to adapt to the ‘unprecendeted’ level of migration of non-UK workers into their areas, says charity Business in the Community.While migrants had brought a number of benefits, helped boost the economy and filled gaps left by Britons who ‘prefered to remain jobless’ there had beenRead More →
The public strongly supports the government’s plans to ‘decarbonise’ the nation’s housing stock according to research by the Department of Energy and Climate Change. Researchers found householders are willing to ‘play their part’ in tackling climate change, and under the Great British Refurb plans, at least 7 million homesRead More →
House sales are set to fall to a record low next year, with less than 700,000 homes expected to change hands – equal to households in the UK moving just once every 31 years, double the 15-year average during the past decade. Figures from Hometrack show that prices areRead More →
The Chartered Institute of Housing has called for the government to pump funds into the construction sector to stave off collapse. Following Redrow’s and Barratt’s interim results showing massive losses in revenue, CIH chief executive Sarah Webb said that it had become increasingly clear that support was vital andRead More →
A new website has launched showing how people can work together to legally borrow empty properties from their owners and return them to use. The site shows how to get hold of and borrow the empty properties from the owners, and where to go for funding, how to arrangeRead More →
House price inflation accelerated to 11.3% in April, according to the DCLG index this morning. But housing markets are vulnerable to a collapse on a ‘global scale’, according to research by ABN Amro reported in the Daily Mail. Claims that a continuing property shortage in the UK willRead More →
The Tenant Services Authority has announced that the housing association sector turnover was more than £10 billion for the first time in 2015. Turnover was up by 10.7 per cent and the value of housing association properties was up 10 per cent, as construction of new homes and theRead More →
The proportion of prime residential mortgages three months or more in arrears has more than doubled in the past year, according to data published by Moody’s. The proportion of mortgages 90 days or more in arrears jumped from 0.74 per cent of all loans in the first quarter ofRead More →