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 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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Off-plan buyers ‘see £26,000 uplift before moving in’
Foxtons claims buyers of new-build homes in London can enjoy a big increase in value of their property.
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Two former Knight Frank employees launch start-up
Will Jordan and Charlie Steele set up Ashlawn Chase after working in Knight Frank’s land and development team.
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Major builder warns it can no longer invest in London
Planning barriers are stopping developers from investing in London, and it's making the housing crisis worse, says Berkeley’s Rob Perrins.
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New build prices suffer slump, Propertymark warns
Estate agents are seeing a fall in the amount asked for new build properties in many parts of UK.
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Off-plan sales hit 12-year low as Government warned it could miss building target
Hamptons' David Fell says a third of new homes were sold before construction in England and Wales.
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Former Knight Frank partners launch new agency
Jonny Wish and Chris Priestley have launched a new independent agency based in Stratford-upon-Avon.
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Nine out of ten homes don’t reach the open sales market
The reality is that many new homes being built will never reach the market, says Riccardo Iannucci-Dawson, Chief Executive of Alto.
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