Land & New Homes
News focusing on new homes, housing development, land acquisition and joint venture projects between agents and developers.
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Major housebuilder cuts housing completions figure
Taylor Wimpey is calling on the Government to stimulate the property market after reducing its new build target.
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Sharp decline in build-to-rent starts
Danny Pinder, of Real Estate:UK, says the new the number of build-to-rent starts has plummeted in the past year.
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Housebuilder offers to pay private school fees for buyers
Berkeley Group will cover tuition costs worth more than £40,000 for anyone signing up to purchase a new home.
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Rayner likens housing target to her running a sub-five-hour marathon
Angela Rayner says she is keeping the "challenging" 1.5 million new homes target, but compares it to her "running a marathon in less than five hours".
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Build-to-rent fails to meet demand despite record investment
Knight Frank says demand is outstripping supply of build-to-rent homes with regional markets suffering the most.
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Mayor delivers only a fraction of new builds needed in London
London Mayor Sadiq Khan has overseen just over 8,000 new build starts when 45,000 are required to meet demand.
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Lowest new build numbers for a decade
“We need more homes to support people at every stage of the moving journey," says Rightmove's Colleen Babcock.
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Major housebuilders face £4.5bn class action
More than 700,000 new-build buyers could be eligible for compensation under a class action alleging anti-competitive behaviour.
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Housebuilding target will be missed, admits Savills
Savills warns that new builds will total just over 837,000, well down on the Government's 1.5 million.
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Housebuilder slices £100,000 off asking prices
Vistry cut 17% from some of its house prices after suffering from falling sales and rising costs.
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