Mayor should open the door to small builders

More homes must be built in London and greater diversity in the construction market could give the industry a much needed boost to meet the growing needs of the capital.

The London Assembly Housing Committee has written to the Mayor urging him to use public sector land to support house building in London by helping new and small developers enter the house building market. Continue reading

Gardens can add up to 10% to price of a property

With the hottest summer on record underway, outside space is one of the key requirements for buyers in the Capital with 65% of property searches now requesting outside space.

The current shortage has created fierce competition and there is now a 5-10% premium on these properties, says leading independent London agent Greene & Co. Continue reading

London Mayor boost for thousands more affordable homes

London boroughs and housing associations have been given a huge boost as the Mayor of London, Boris Johnson, has allocated almost half a billion pounds to over 50 housing providers to build thousands of new affordable homes in the capital.

An additional £404m has been allocated under the Mayor’s ambitious plans to increase house building, which also include funding for the London Housing Bank and Housing Zones as part of an overall £1.25bn package to deliver 45,000 affordable homes by 2018. Continue reading

Student accommodation in Sheffield contributes to local economy

If students in Sheffield chose purpose-built accommodation instead of traditional house shares, property specialists Savills estimate a massive 3,971 houses could return to family use. 

This would significantly ease the city’s shortage for family homes, and in turn, play its part in easing the housing crisis. Continue reading

Affordable Homes Programme to transform the way we build

The government’s Affordable Homes Programme will change the way homes are built in Britain, Chief Secretary to the Treasury Danny Alexander and Housing Minister Brandon Lewis have said.

The ministers announced the successful bids for almost 62,000 homes under the first phase of the £23 billion programme, which will deliver 165,000 new affordable homes over 3 years from 2015. Continue reading