Youngs Consultancy
Written by Daley Young Taylor Wimpey has enjoyed “strong” full year results matching its expectations, with the housebuilder seeing a 47% increase in its completions and revenue rising 53.6% against 2020. Issuing its results for the year ending December 31 2021, the business achieved 14,087 home completions against 2020’s 9,609. This compares to the pre-pandemic 16,042 of 2019. Taylor
Written by Daley Young The housebuilding industry has broadly welcomed measures announced in the Budget, including an extension to the stamp duty holiday to the end of June and the introduction of a mortgage guarantee scheme from April. “The extension of the stamp duty holiday is welcome and will allow people whose home completion has been delayed as a
Written by Daley Young The Home Builders Federation (HBF) and the Ministry of Housing, Communities and Local Government (MHCLG) published a joint communique confirming the government’s position regarding the ongoing operations of the home building industry during the national lockdown in England that begins on Thursday November 5. The message to the housing industry, signed by housing secretary Robert Jenrick and
Written by Daley Young In a new report launched in Parliament on 4th March, the Home Builders Federation (HBF) highlighted the diverse workforce needed to ensure that the UK meets the challenge of building 300,000 homes every year. It also stated that more than 49,000 new recruits were necessary to increase housebuilding to meet the government’s target. The report, Building a Future:
Written by Daley Young The government needs to increase funding for affordable housing in order to meet it’s 300,000 homes a year target, according to a report produced by Savills for the National Housing Federation, housing association group G15 and Homes for the North. The report claims that a slowing private market, the changing Help to Buy initiative and
Written by Daley Young James Brokenshire, Housing Secretary will address the industry at this year’s HBF Policy Conference being held in London on Tuesday March 26. With the government pushing the industry hard to deliver 300,000 new homes a year, Brokenshire is set to underline the government’s commitment to tackling the housing issues of the UK. John Healey, Shadow
Written by Daley Young Official government statistics show new build completions are up 6.4% year-on-year. The government’s net additional dwellings data, released last week shows that new build completions accounted for 195,290 of supply in 2017-18 (the year to April). The figures also reveal that housing supply in England has increased to 222,190 during the period – up 78%
Written by Daley Young More than four out of five of the 170,000 homes purchased through the Help to Buy scheme in the five years to March 2018 were bought by first time buyers according to a new Home Builders Federation report released today. The report, Bringing home ownership back into reach, estimates that Help to Buy has enabled
Written by Daley Young The government’s Help to Buy equity loan scheme has helped around a quarter of a million people onto the property ladder since it was launched in 2013, according to the Home Builders Federation (HBF). HBF said that, based on an average first-time buyer household size of 1.8 people, it estimated that the initiative has now
Written by Daley Young A series of recommendations have been sighted in a report released yesterday by the Home Builders Federation which highlights the challenges faced by small to medium sized (SME) housebuilders in looking to increase housing output. The report – “Reversing the decline of small housebuilders” – sets out a range of proposals to address the finance,