Land & New Homes
News focusing on new homes, housing development, land acquisition and joint venture projects between agents and developers.
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Two out of five new homes will house migrants by 2030, Tories claim
Shadow Home Secretary Chris Philp says high levels of migration will have "real consequences" for rents and house prices.
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Government target suffers blow as housebuilding falls
Housing Secretary Steve Reed's pledge was "build baby build", but the latest ONS figures show private housing output dropped 6.3%.
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New public register will expose developers’ private land deals
Revealing land option agreements will improve transparency and help smaller developers compete for potential sites, says Planning Minister Matthew Pennycook.
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John Lewis pulls plug on housing market plans
Retail giant says higher borrowing and construction costs have forced a retreat from residential development.
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Zoopla acquires specialist new homes portal
CEO Paul Whitehead says deal will strengthen its position in the new-build market and expand lead generation for developers.
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Mayor in ‘furious row’ with developers over housebuilding rules
Mayor of London Sadiq Khan insists measures to boost new build figures in the Capital will help, despite claims from housebuilders they are unworkable.
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Conveyancers raise serious concerns over “untested commonholds”
Industry body warns commonhold changes could increase disputes, create deadlock, undermine lender confidence and introduce complex new legal structures.
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London housebuilding collapses by 84% in a decade
Rising build costs and a weak sales market mean contractors are “going bust” and thousands of London homes have been put on hold, Molior warns.
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New builds damage local house prices, data reveals
The arrival of a new estates can knock as much as 18.5% off the value of nearby homes in more rural areas, according to analysis carried out by newspaper.
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Stalled, baby, stalled? Government’s new homes building plans in disarray
The latest figures on planning approvals show that only 208,000 homes were approved in the last year, down 15%, leaving Housing Secretary Steve Reed well short of his target.
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