OFT report gives industry clean bill of health
The housebuilding industry has been cleared of accusations of landbanking in the long awaited OFT report into the operation of the industry. The report, pub…
Berkeley’s sales 50% below average but “in line with expectations”
The Berkeley Group’s sales levels have been 50% lower than average since the start of the financial year, it has revealed in its interim management statement, …
Bank of England delays consultation on new liquidity scheme
The Bank of England has announced that its special liquidity scheme (SLS) has been extended and that its consultation paper on proposals for a replacement sche…
New liquidity scheme will not save housing market – King
The Bank of England’s Mervyn King has warned that its new funding scheme will not cure the ailing housing market.
Redrow’s reservations fall 55%
Redrow’s preliminary results show once more the difficult conditions within the industry, with the housebuilder’s net reservations down 55% in the six months t…
Permitted development needs “highway code” – RTPI
The government should introduce a highway code style document on permitted development, to ease the confusion over what can be built with planning permission w…
Bank of England rate decision “a dangerous game”
Industry members have urged the Bank of England to cut interest rates following the decision to maintain the rate of 5% for the fifth consecutive month.
New home starts fall by half – NHBC
New home starts fell by almost half from May to July, NHBC figures have revealed.
Housing package welcomed but wider action needed
Industry largely welcomed the government’s measures announced today (September 2) to support the housing market, but urged for more to be done.
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