Government promise of 200,000 starter homes hasn’t happened

Bridging Finance News:- Plans to build 200,000 homes for first-time buyers under 40 have been sidelined due to lack of parliamentary time to pass the necessary legislation before December's general election. A National Audit Office investigation discovered no such homes have been built since the Conservatives announced the initiative in their 2015 manifesto. https://www.youtube.com/watch?v=gZkYeRN7z9k In the November 2015 spending review, £2.3bn was earmarked for delivery of the first 60,000 which were to be sold with a 20 per cent discount. [...]

By |2021-11-13T10:56:22+00:00November 5, 2019|Blog, Finance News, Planning News, Projects|0 Comments

New towns set to make a comeback

Construction Finance News:-Councils are being invited to bid to build economically led new towns in their communities which would generate jobs and create new homes. Housing secretary, Robert Jenrick, has announced £10m to enable local authorities to come up with locally-led proposals to deliver new towns on the scale of Canary Wharf or Milton Keynes. https://www.youtube.com/watch?v=lYJjPXGYWvo "We want to drive economic growth outside London and the South East. Our new development corporations will empower local areas to come forward with [...]

By |2021-11-13T10:57:02+00:00October 28, 2019|Blog, Finance News, Planning News, Projects|2 Comments

MORLEY HOUSE, WESTMINSTER – Project Construction Started

Property Finance News:- At Morley House, 314-322 Regent Street, Westminster, London, W1B 3BB, the construction of MORLEY HOUSE, WESTMINSTER – 44 APARTMENTS & RETAIL UNITS is taking place. The project started in 30/10/2017 and is supposed to end by 30/03/2020 with a span of 29 months. The value of the plot stands at £36.5 M. The construction is being governed by the Westminster council. The total floor area is 1256 sq. Meters approximately and the entire site area is 900 sq. [...]

By |2021-11-13T10:24:12+00:00March 11, 2019|Blog, Finance News, Planning News, Projects|0 Comments