Letwin’s review calls for more homes to be released

Sir Oliver Lewin has stated in his Independent Review of Build Out Rates, published June 25, that a greater mix of house types, designs and tenures on large housing sites could “substantially accelerate” the overall build out rate of large sites. Letwin has released the draft analysis of his review which concludes why there is

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“Drastic government action” is urged by London Mayor

Mayor urges government to massively increase investment in London homebuilding back to 2009/10 levels at the Budget on 22 November Government funding for affordable homebuilding in London is still less than half the amount spent in 2009/10 New analysis shows government funding for affordable housing needs to rise five-fold to £2.7bn a year Sadiq criticises

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Ten year high for NHBC registrations

During the first 3 months of this year more than 42,000 new homes were registered in the UK by NHBC, the highest quarter in 10 years according to figures released last week. The figures show that 42,470 new homes were registered in Q1, an increase of 17% on the 36,351 registered 12 months ago. 31,197

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Bellway continues to grow!

Bellway has seen housing completions in the six months to the end of January 2017 rise by 6.5% on last year at 4,462 (2016 – 4,188) as the firm reports positive market conditions. In a trading statement issued ahead of its annual results next month Bellway reports a substantial forward order book with a value

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Persimmon plan brickwork factory

Persimmon have recently released its third quarter trading update and saying it is now fully sold up for the current year and has around £757 million of forward sales reserved beyond 2016, an increase of 4% on the same point last year (2015: £726 million). Persimmon says the weeks immediately following the EU Referendum saw

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“The demand for new homes will remain high”

After seeing Housebuilder share prices fall by around 20% today on the back of the UK’s vote to leave the European Union businesses remain positive within the house building industry. Peter Andrew, deputy chairman of the Home Builders Federation, looked to remind the market that the medium to long term outlook for the industry is

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