Redrow\'s completions and profits drop as market tightens
Redrow\'s interim resuts for the half-year to December 2007 revealed declining market conditions, with the plc\'s pre-tax profits down 34% to £35.8 million, a…
Government announced £1 billion market renewal boost
Government has announced plans to distribute a further £1 billion across the regions, in housing market renewal pathfinder areas.
Ecotowns must be near transport links - RTPI
Ecotowns will be detrimental if they are not built next to good transport links and other infrastructure, the Royal Town Planning Institute (RTPI) has said.
Minister confirms mandatory code assessments
Housing minister Caroline Flint has confirmed that all new homes will be required to be assessed under the code for sustainable homes from May 1, and given a s…
Buy-to-let landlords feeling the pinch - CML
Recent figures from the Council of Mortgage Lenders show that buy-to-let landlords are feeling the strain following the credit crunch, with the number of landl…
Barratt interim results \"satisfactory\" - Mark Clare
Barratt chief executive Mark Clare has reported the firm\'s interim results for the second half of 2007 as \"satisfactory,\" against the backdrop of a challeng…
New home completion rates stagnate - NHBC
Latest figures from the NHBC show that new home completions stagnated during 2007, rising by just 1% on the previous year to 186,505 new homes. This is far sho…
Persimmon results strike note of cautious optimism
Persimmon’s low exposure to the city centre flats market, which accounted for just 2.5% of its output in 2007, has assisted in its facing the market downturn, …
Housebuilders\' share prices rally following Barratt statement
City rumours that Barratt would need to turn to an emergency rights issue to plug a debt hole to the tune of £2 billion have been slammed by the Barratt board,…
Starts down 6% in 2007 but completions rising – CLG
Latest statistics from Communities and Local Government (CLG) reveal that new housebuilding starts in England fell to a total of 37,900 during the last quarter…
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