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Industry must adapt to market – Sir Bob Kerslake

The industry’s key test during the current downturn will be its ability to adapt to the changing market, Sir Bob Kerslake, chief executive designate of the Hom…

Technical “tsar” needed to speed up planning

A technical “tsar” is needed for the new Homes and Communities Agency (HCA) in order to speed up the planning process, it has been proposed.

HBOS £500 million mortgage-backed bonds sale success

HBOS has managed to sell of £500 million in mortgage-backed securities, signalling a potential thawing of the credit squeeze. The bank found seven institutiona…

Ecotown expert panel meets with developers

A panel of experts from the worlds of design, the environment, transport and sustainability are meeting developers today (May 20) to tell them to “raise their …

Cutbacks continue as Taylor Wimpey plans 13 office closures

Taylor Wimpey has announced plans to close 13 of its 39 regional offices and shed around 600 staff in a bid to reduce overheads during the housing market downt…

“Collapsing” transactions could fall by 40% - RICS

The latest housing market forecast from the Royal Institution of Chartered Surveyors has predicted a 40% fall in transactions during 2008, following the squeez…

Persimmon offers first time buyer packages

Persimmon Homes Thames Valley is offering a tailor made package to help first time buyers onto the property ladder.

Half of mortgage market requires a high deposit – Moneyfacts

Over half of the mortgage market now requires home buyers to put down a deposit of more than 10% when purchasing their new home, Moneyfacts has reported.

Bank of England warns of tough times ahead

Housing starts down by a quarter

Developers started building 25% fewer homes in the first quarter of this year than last year and completed 18% less, according to CLG figures released today (M…