Category Archives: Industry News

Build-to-rent specialist Wise Living, in partnership with developer Strata Homes, has recently launched its first development in East Yorkshire. This adds to their expanding portfolio in Northern England – with homes already in Birkenhead and coming soon to Rotherham. As UK house prices hit a record high for a fifth consecutive month, the new Dream development…

Joseph Homes has completed a deal with Southern Housing Group to deliver the residential phase of its Parkhouse Street development with 100% affordable housing. The scheme, championed in the planning stages for its green credentials, will continue to honour the impressive sustainable measures approved by The London Borough of Southwark to provide energy-efficient affordable housing…

“As the industry faces the biggest adjustment the UK housing market has ever seen, and may ever see, it’s never been more important for new build heating systems to work in harmony”, commented Joanna Crown, marketing director at WMS, a leading supplier and installer of underfloor heating systems for new build developments in the UK. The low water…

Scotland’s housebuilding sector appears to be putting the pandemic behind it, with a 26% rise in new homes. There were 20,056 all-sector new build homes completed in Scotland in the year to end September 2021, according to quarterly statistics on housebuilding and affordable housing supply published today by Scotland’s Chief Statistician. Chief Executive of Homes…

Price of new build property coming to market hits a record of £384,738, up by 7.2% from the same period last year. Nationwide, the number of people searching for new build properties is 8% higher in May than in April.  Overall, search activity levels remain strong and – following a 7% decrease in April as…

Annual UK house price growth slowed modestly in May to 11.2%, from 12.1% in April, according to the latest Nationwide House Price Index. Prices are up 0.9% month-on-month, after taking account of seasonal effects. Robert Gardner, Nationwide’s Chief Economist, said: “May saw a slight slowing in the rate of annual house price growth to 11.2%,…

Rising costs and lack of skilled professionals hindering construction’s efforts to digitise and meet ESG goals, according to RICS. Chartered surveyors across the world have highlighted that cost and a lack of skilled professionals are not only hampering workloads but are also holding back the construction sector from progressing in terms of innovation and sustainable…

A series of interest rate hikes in recent months has seen mortgage rates more than double since their historic low in October 2021. The Bank of England’s Monetary Policy Committee voted to increase the base rate to 1% in May, the fourth consecutive rise since December last year, and the highest level it has reached…