Canadian construction dips – PropertyWire
Construction of residential homes is on the slide in Canada, as rising costs, tighter financing conditions and weaker demand is causing a decline in activity. A net -28% of surveyors…
One in five waiting for Budget before making housing plans
Nearly one in five (17%) movers have paused their plans due to uncertainty about changes to property taxes in the upcoming Budget on November 26, Rightmove research shows. The majority…
Planning rules to loosen around train stations
Housing developments within a 15-minute walk of train and tram stations will be given the green light by default from planners, under plans unveiled by housing secretary Steve Reed. Ministers…
Nine flats next to Edgbaston cricket ground going to auction
A row of three Victorian terraced houses converted into nine flats near Birmingham’s Edgbaston Stadium is up for auction. The vacant freehold property at 91, 93 and 95 Oakfield Road…
Yorkshire and South West new builds have cheapened
The average cost of a new builds have dropped by around £33,000 in both the South West and Yorkshire and the Humberside – reflecting slower housing markets in the regions.…
Landlords have high hopes for commonhold
The vast majority of landlords hope commonhold will prove vital to improvements in the sector. Almost half of the landlords polled (46%) said they were hoping for lower service charges…
Government accused of ‘using nature as a scapegoat’ for lack of housebuilding
MPs have accused the government of using nature as a scapegoat by getting rid of habitat protections in the Planning and Infrastructure Bill. A report by the Environmental Audit Committee…
Mansion tax would hit swathes of London
London accounts for two thirds (66%) homes worth over £2 million, meaning the measure would overwhelmingly target people in the capital if it goes ahead, analysis from Enness Global shows.…
Projects stall ahead of Autumn Budget
Developers are hesitant to progress new housing projects amid the upcoming Autumn Budget on 26 November. Some 64% of developers are not confident about starting new residential developments over the…
Few lenders give preferential mortgage terms to existing customers
It’s rare for mortgage lenders to offer better rates to reward loyal customers, Which? analysis shows. Only Barclays offers cheaper rates to existing borrowers, while Principality Building Society often does.…