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Housebuilding
Persimmon Sees Surge in Home Sales as Mortgage Rates Dip and Buyer Confidence Rises
The UK housing market is showing signs of recovery, with Persimmon, one of the country's largest housebuilders, reporting a significant increase in home sales. The developer has benefited from lower mortgage rates and a boost in consumer…
Labour shifts housebuilding targets to Tory shires
The Ministers will shift housebuilding targets from Labour-supporting large cities to more rural Tory corelands and stop local councils from blocking development because it is "out of character" in their surroundings.
London's housing…
Crest Nicholson, UK housebuilder, warns about profits and raises takeover speculation
Crest Nicholson is one of Britain's biggest housebuilders. It has now issued its third profit warning due to rising costs. This has sparked speculation that the company could be a target for takeover if its fortunes do not improve.
In…
In 2024, the UK will cut its spending on affordable housing.
In response to budgetary pressures, housing associations in England cut their spending plans on new affordable homes for 2024. This could worsen the acute shortage of social houses in the UK.
According to Centrus, an adviser who works…
The collapse of German homebuilding threatens to cause wider economic damage
Wolfgang Schubert Raab remembers the boom years when his company could not build enough homes.
Raab Construction's managing director said that in 2021 before the company had even poured a single cubic metre of cement, they'd received…
The number of houses built in England has risen as developers try to avoid the new energy…
According to data released on Thursday, housebuilding in England increased in the second quarter 2023. Builders accelerated projects to avoid stricter energy performance standards.
Between April 1 and 30 June, the UK housing department …