Land & New Homes
News focusing on new homes, housing development, land acquisition and joint venture projects between agents and developers.
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LATEST: Surge in build-to-rent construction over past 12 months
NHBC figures reveal acceleration in rate at which build-to-rent sector is expanding, helping boost government claims of increased home building in the UK.
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Boris bounce: Barratt enjoys huge leap in house building and profits
More positive data revealing how the housing market is reviving has been published by the UK’s largest house builder, Barratt. The construction giant has enjoyed its strongest six months of activity for over 12 years, its latest results published this morning show, including a 9.1% leap in completions year-on-year. During the six months in the run up to December 31st the company built 8,312 homes in the UK compared to 7,622 during the same period the year before. The surprising results come despite many estate agents reporting difficult sales trading conditions in London and the South during last half of 2019, but like many other builders Barratt’s figures have been boosted by the government’s ongoing Help to Buy scheme and the consequently booming first time buyer market. Help to buy Yesterday HMRC’s quarterly Stamp Duty figures revealed that the amount of relief claimed by first time buyers had hit the £1 billion mark for the first time. “The First Time Buyer Relief (FTBR) scheme’s effect over the past two years has been important but barely scratches the surface of the impact that the Help to Buy scheme has had,” says Andrew Southern, chairman of rival property developer Southern Grove. “Both…
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Back to school for home buyers
With the number of first time buyers hitting its highest in 12 years, developer Countryside delved into the nation’s home buying knowledge to help plug the knowledge gap.
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Football fans and developer clash over stadium apartments plan
Supporters of Newcastle United are worried about proposals to redevelop its stadium site including luxury apartments to be rented out at affordable rents.
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Swing Bridge Wharf launches
Located in the heart of the National Forest in Leicestershire, this Wheatcroft Homes development has received strong interest with four of the nine new homes already reserved.
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Ascend appointed sole lettings partner with Affinity Living
Ascend, the Manchester head-quartered lettings agency, has been appointed by Affinity Living as sole letting partner for its Build to Rent (BtR) developments Riverside...
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£14m transformation: offices to homes
A £14 million build-to-rent conversion of offices into 63 luxury apartments in Birmingham has reached practical completion, says developer Urban Village Capital.
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Could ‘Build to Rent’ homes kill the private landlord?
Analysis by Savills for the British Property Federation (BPF) found that the number of ‘build-to-rent’ (BTR) homes has hugely increased.
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Zoopla reveals big push to sign up regional developers
Northern house builder Gleeson is the latest to sign up to the portal and follows similar deals with Weston Homes, Duchy Homes and Edenstone Homes.
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Ex Countrywide director launches new business
Michael Stone, a newbuild property expert, has launched Stone Real Estate selling brand new, high-specification homes in excellent locations with amenities to match. The former Countrywide Director of Land and New Homes, Michael has an unrivalled knowledge of the new build sector with over fifteen years of experience, during which time he won the Sunday Times: Best New Homes Agency while at Greene & Co. Michael has now developed a business that is more dynamic, entrepreneurial and personal than the typical estate agency, challenging existing industry methods with innovative digital operational strategies that disrupt the traditional norms of the off-plan sales sector. Stone Real Estate combines this digitally disruptive approach with an extensive local knowledge of London with an emphasis on guiding buyers through the purchasing process to deliver a new homes offering that you won’t find anywhere else in the sector. Stone Real Estate currently operates within London and the commuter belt with aspirations to deliver their model on a national basis.
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