Good, cheap and fresh: pick any two
2023-08-25T00:01:00+01:00By Lem Bingley
The irony of being probed for anti-competitive practices in the midst of a transparently difficult year will not bring much comfort to the major housebuilders.
A mission to build affordable homes
2023-08-24T00:00:00+01:00By Lewis Berrill
The Diocese of Oxford’s David Mason tells Lewis Berrill how the charity is using land gifted to the Church of England following Henry VIII’s reign to tackle the housing crisis and deliver the homes people truly need.
Bromford and LGIM co-create sector-first £50m funding partnership
2023-08-23T08:28:00+01:00By David Parsley
Legal & General Investment Management (LGIM) has agreed a £50m funding deal with social housing group Bromford.
Notting Hill Genesis agrees £72m upgrade plan for evacuated Brentford estate
2023-08-11T15:42:00+01:00By Sian Barton
The Paragon estate in Brentford is to receive a £72m upgrade and investment programme three years after more than 1,000 residents were asked to leave following safety concerns.
Avant grabs land director from Taylor Wimpey
2023-08-11T10:46:00+01:00By Sian Barton
Nottingham-based Avant Homes East Midlands has appointed Neil Ballett as land director to support the housebuilder’s regional expansion strategy.
Weak market drives single-family housing BTR projects up by 13%
2023-08-10T08:07:00+01:00By Sian Barton
Single-family housing is on the rise in the UK build-to-rent (BTR) market, with 9,626 completed units, 9,122 under construction and 9,187 in planning in the second quarter of this year, according to the latest figures from Cushman & Wakefield.
Berkeley Group posts revenue rise but remains ‘cautious’ to new investment
2023-08-07T16:46:00+01:00By Madeleine Knight
Housebuilder Berkeley Group has posted an increase of 9% in revenue to £2.6bn for its financial year ended 30 April 2023, but “will remain cautious in committing to new investment until the conditions for growth are in place”.
UK housebuilder stocks ‘still look attractive’ if house price correction is avoided
2023-08-04T10:19:00+01:00By Madeleine Knight
Stocks in UK housebuilders “still look attractive [in terms of] value assuming a painful recession and house price correction is avoided into 2024”, according to a new report by Investec.
Taylor Wimpey profit drops 43% amid ‘extremely challenging’ planning backdrop
2023-08-02T08:52:00+01:00By Madeleine Knight
Taylor Wimpey has reported a 42.7% decrease in its profit before tax for the first half of 2023 as it said “variable market conditions including substantially higher mortgage rates” had an impact on results.