Housebuilders looking to secure a five year pipeline are pushing up the value of residential development land at a rate not seen since 2010, according to data from international real estate adviser, Savills.
Price growth continues to be led by the South East, but sentiment is improving across the UK and there are now early signs of life in key urban markets such as Manchester and Birmingham that have remained dormant since 2008. Continue reading →
The residential development funding landscape has changed markedly over the last year, becoming more accessible than at any time since the financial downturn, according to specialists at Knight Frank.
A new comprehensive survey of lenders active in the residential development market from Knight Frank finds that this trend is set to continue, with a majority of lenders planning to increase their funding of residential development projects. Continue reading →
Housing Minister Kris Hopkins has hailed the impact of Help to Buy for delivering a surge of business to the construction sector.
Visiting the brand new Chesterton brick factory in Newcastle-under-Lyme, which has created 51 jobs, Mr Hopkins said the impact of the scheme was keeping kilns firing over Christmas for the first time since 2007. Continue reading →
Government action is getting Britain building again, according to Housing Minister Kris Hopkins.
The latest statistics reveal that the last three months have seen the fastest rate of housebuilding since the crash in 2008, and government schemes are helping tens of thousands of hardworking families get onto the housing ladder. Continue reading →
The value of English farmland continues to rise as investors build their portfolios and farmers expand, according to Knight Frank.
Between July and September farmland outperformed residential property, even in prime central London, matched the rise in the value of the FTSE 100 and was only marginally behind the 5% hike in the price of gold. Continue reading →