Summary of Budget 2017

With Philip Hammond delivering his second Budget as chancellor last week here are they key points of his speech regarding Stamp duty and housing; Stamp duty to be abolished immediately for first-time buyers purchasing properties worth up to £300,000 To help those in London and other expensive areas, the first £300,000 of the cost of

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UK housebuilding hits highest registrations in a decade!

The latest NHBC data shows that British construction companies applied to build the greatest number of new homes in a decade during the three months to the end of September, taking account of the time of year.  Builders registered in the third quarter of 2017 that they planned to build 37,936 homes, 9 per cent more than during

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CALA sees completion surge

CALA has seen new home completions rise 46% to 1,677 in the year to the end of June, a 526 increase compared to the previous year. In the latest trading update the firm says it is on track to deliver its strategic growth plan as it heads for its fifth consecutive year of record profits.

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“Reversing the decline of small housebuilders” – HBF

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,

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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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Up Up Up for starts, completions and planning permissions!

New home planning permissions in England have reached their highest level since 2008 according to figures released by the Home Builders Federation and Glenigan yesterday. The government statistics also released yesterday show that both starts and completions of private sector homes were up in 2015, by 8% and 20% respectively. The HBF/Glenigan Housing Pipeline report

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