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New life breathed into ambitious development project for West London

Plans to build up to 25,000 homes as part of a wider regeneration scheme for Old Oak and Park Royal in West London have been revived. The Old Oak and Park Royal Development Corporation, OPDC, has submitted new proposals to build the homes, and create 65,000 new jobs, over the next 30 years across a 650-hectare area. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s A four-fold increase in land values meant earlier plans to build on 54 acres at Old Oak North, where second-hand motor dealer [...]

By |2021-11-13T11:02:32+00:00December 13, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Licensing would remove rogue builders and raise the safety bar, says FMB

Bridging Loans News:-A licensing system for all construction companies would strengthen the government's plans to improve new homes' safety, claims the Federation of Master Builders, FMB. The trade body's comments follow the government's announcement in the Queen's speech for a new building safety regulator. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s The legislation aims to prevent another Grenfell Tower tragedy with a change to the regulation of high-rise residential buildings. FMB chief executive, Brian Berry, said new laws forcing compliance with building safety standards was an [...]

By |2021-11-13T10:57:53+00:00October 15, 2019|Blog, Finance News, News, Planning News, Projects|0 Comments
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Construction industry demands delay on reverse VAT

Many smaller house builders could go out of business if domestic reverse charge VAT is introduced on October 1st, a coalition of construction trade bodies has warned. Fifteen associations have signed a letter sent to the chancellor, Sajid Javid, this week urging the new rules be postponed for a minimum of six months. https://www.youtube.com/watch?v=vK9_6vD5tuA They claim the changes could lead to a loss of productivity, reduced cash flow and in the worst cases, lead to a hit on jobs, tipping [...]

By |2021-11-13T10:52:35+00:00August 9, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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PM calls for rules to raise the standards of new homes design

Property Finance News:-Prime minister, Theresa May, has said she would like to see new regulations to improve housing standards. She told delegates at the Chartered Institute of Housing Conference this week that the quality of housing must not be compromised by the drive to build more homes. "I cannot defend a system in which owners and tenants are forced to accept tiny homes with inadequate storage, where developers feel the need to fill show homes with deceptively small furniture, and [...]

By |2021-11-13T10:46:36+00:00June 26, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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UK house prices revive in April

Development Funding News:- House prices in April revealed a 1.4 per cent year-on-year rise according to the latest Land Registry figures . The average UK house is now valued at £228,903 with April figures showing a 0.7 per cent increase on March's data. First-time buyer house prices revealed a monthly increase of 0.5 per cent and a yearly increase of 0.6 per cent bringing the average value to £205,022. New builds showed a monthly price rise of 3.4 per cent [...]

By |2021-11-13T10:42:05+00:00June 20, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Japanese prefab giant breaks into UK house-building market

UK House Market News:- Japan's biggest house builder and prefab pioneer, Sekisui House, has struck a £90m deal with developer Urban Splash and government agency Homes England. Real estate and financial advisor JLL facilitated the deal which includes a £55m investment into Urban Splash's modular 'House' concept. Sekisui House president and representative director Yoshihiro Nakai, said he was pleased to be establishing operations in the UK. "Using modern methods of construction to build high-quality homes with short build times is [...]

By |2021-11-13T10:41:02+00:00May 14, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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First time buyer mortgages stimulated by minimal house price growth

UK house prices' modest 0.9 per cent year-on-year increase for April has helped first-time buyers, according to the Nationwide Building Society. The lender's monthly index showed a 0.4 per cent rise in prices in April compared with the previous month bringing the average house price in the UK to £214,920 compared with £213,102 in March. The building society's chief economist, Robert Gardner, said: "Indicators of housing market activity, such as the number of property transactions and the number of mortgages [...]

By |2021-11-13T10:37:37+00:00May 2, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Avail Cheap House Prices in london with HZ Associates

UK house prices showed a modest increase of 0.2 percent in August compared with the previous month, according to Land Registry data. An annual price rise of 3.2 percent takes the average UK property value to £232,797. House Prices Show Gentle Rise In England the August data shows houses prices have risen on average by 0.2 per cent since July 2018. The annual price rise of 2.9 per cent takes the average property value to £249,748. The East Midlands showed the [...]

By |2024-06-26T07:44:53+00:00November 20, 2018|Blog, Business, News|0 Comments
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Average UK house prices up 8.3% year on year, official index data shows

UK House Prices News:- Average house prices in the UK increased by 8.3% in the year to July 2016, down from 9.7% in June 2016, continuing the strong growth seen since the end of 2013, according to the latest index data. The average UK house price was £217,000 in July 2016, some £17,000 higher than in July 2015 and £1,000 higher than June, the index from the Office of National Statistics shows. The main contribution to the increase in UK [...]

By |2021-11-13T09:29:50+00:00December 20, 2017|Blog, Finance News, mycrousal, News|0 Comments
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Next Five Years House Prices Expected To rise to £40,000

The UK House prices will still be around £40,000 more in five years' time despite the "tremors" caused by the Brexit vote, according to forecasts from one think-tank. The Centre for Economics and Business Research (Cebr) said that while property values are expected to show weaker growth for the rest of 2016 and into 2017, the general direction of prices is still expected to be up. The increases mean the average UK house price could rise from £194,000 in 2016 to £234,000 [...]

By |2021-11-13T09:32:16+00:00July 28, 2016|Blog, Finance News, mycrousal, News|0 Comments
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One of Britain’s biggest House Builders Says the Property Market is ‘Encouraging’ after Brexit

Taylor Wimpey, one of the UK's biggest housebuilders, is striking a surprisingly upbeat tone in its half year results and is so far shrugging off Britain's vote to leave the European Union with ease. In an update released on Wednesday, the FTSE 100 company says that despite the vote to leave the EU, trading has so far remained resilient and that there had been no discernible impact from the referendum so far. Many analysts and market watchers had expected a [...]

By |2021-11-13T09:27:38+00:00July 27, 2016|Blog, Finance News, mycrousal, News|0 Comments
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