Barratt to \"tightly control\" new sites as reservations fall
Barratt’s interim management statement for the first part of the year has reported “significantly deteriorating” market conditions “as a result of an unprecedented reduction in mortgage availability and tightening lending criteria, combined with a decline in consumer confidence.”
BPF calls for government to “modernise affordable housing”
Following the prime minister’s announcement of the next parliamentary legislative agenda, the British Property Federation has continued to call for government to review its approach to affordable housing, and consider supporting the growth of a professional private rented sector. It has also joined housebuilders’ calls for low cost private sector housing to be included in the official definition of “affordable housing.”
Stratford council rejects proposed ecotowns settlement
Ecotowns have been criticised again with councillors rejecting plans for a site in Stratford-upon-Avon.
New government measures will not halt market decline
Gordon Brown has made affordable housing a key tenet of his legislative programme for the next session of parliament, with measures to boost the purchase of private sector developments by registered social landlords, and an extension of first time buyers’ shared equity schemes.
Flint’s housing fears accidentally revealed
Caroline’s fears for the housing market have been uncovered, thanks to the housing minister accidentally revealing briefing notes.
Part G consultation unveiled
Iain Wright, parliament under secretary of state, has published the delayed consultation on Part G of the Building Regulations, addressing hot water, hot water safety and water efficiency.
HBF calls for action to \"avoid widespread redundancies\"
The HBF has called for government to take further urgent action to halt apparently rapidly deteriorating conditions in the housing market, in a bid to halt widespread redundancies, which would have a grave knock-on effect on the economy.
Redrow reports historically difficult trading conditions
Redrow’s interim management statement has sounded a grim note, with reports that trading conditions have further deteriorated since its interim results announcement on February 28, as mortgage lending continues to tighten and consumer confidence worsens.
CML predicts continuing decline in transactions
The Council of Mortgage Lenders has issued a statement predicting that the level of transactions in the housing market will continue to decline, partly as a result of the dearth of mortgage finance available.
Galliford Try reports \"sharp deterioration\" in market
Galliford Try has reported a difficult spring selling season for its housebuilding division in its trading update today (May 13).
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