Loss of demand ‘to blame’ for slow housebuilding
The main reason the government is missing the 1.5 million housebuilding target is a lack of demand, rather than the root cause being a lack of workers. That is according…
166 homes planned for Shropshire town
Plans have been submitted for a development of 166 homes on the edge of Newport, Shropshire. The development would comprise 108 homes for private sale, including a range of two…
Purpose-built student accommodation is an all-weather investment
Lucy Waters is managing director of specialist finance broker Aria Finance In a property market dogged by uncertainty, one asset class continues to defy the gloom: purpose-built student accommodation (PBSA).…
RICS: Green housing experiences global slowdown
Demand for sustainable buildings and carbon measures have slowed across construction projects, the Royal Institute for Chartered Surveyors (RICS) found. The report warned that momentum behind sustainable development risks stalling…
Plans submitted for East Suffolk development
Housebuilder Bellway has proposed developing a 32-acre site in Framlingham, to the East Suffolk District Council. The plan is to develop the land east of Woodbridge Road into 135 new…
How densification can meet housing targets and avoid overreliance on the Green Belt
Emily Grapes, senior planner, Carter Jonas Urban regeneration in action At the East Prop Awards in June, the East Barnwell regeneration project in Cambridge was named Future Project of the…
Rent-to-own housing model raises more funding
Property investment firm HomeNow has secured £65m of funding to expand its rent-to-own housing model. With the money HomeNow is targeting building 800 affordable rent-to-own homes in the next two…
Shawbrook widens use of automated valuations
Shawbrook has expanded the use of Automated Valuation Models (AVMs) in a bid to reduce completion times. This applies to properties up to 75% loan-to-value, while it will include light…
The Mortgage Works cuts buy-to-let rates ahead of base rate announcement
The Mortgage Works (TMW) has slashed buy-to-let rates for new and existing customers by up to 0.30%, with rates starting from 2.64% – ahead of the Bank of England making…
AI property management platform gaining ground in student accommodation
VerbaFlo now powers 25% of all Purpose-Built Student Accommodation (PBSA) beds in the UK – equal to 168,000 beds – in signs that adoption of Artificial Intelligence is gaining pace.…