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Number of new homes built reached an 11 year high
October 05, 2019
Over 170,000 new homes were built for the year ending June 2019, taking the number to an 11 year high, the latest official figures show.
The newly published data from the Ministry of Housing, Communities and Local Government (MHCLG) shows that a total of 173,660 new homes were built during the 12 month period, an 8% increase from the previous year. read more here
Property market picking up in England and Wales outside London
October 04, 2019
There are signs that the property market in England and Wales, excluding London, is picking up with average monthly prices up 2.8% in August to £269,685, the latest analysis report shows.
However, annual price growth remains almost static at 1.1%, the weakest performance since 2012, and annual transactions increased by just 0.7% to 795,437 and this was down to a 26.8% surge in quarterly sales, the LCP data also shows. read more here
Housing Secretary unveils green housing revolution
October 03, 2019
A new green standard for new build homes will bring an environmental revolution to home building in the UK, it has been announced.
Homes, both new and existing, account for 20% of greenhouse gas emissions in the UK and reducing carbon emissions from new homes is essential to meeting the Government’s net zero emissions target. read more here