New Homes news (April 2011)

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Latest New Homes news

Mortgage lenders 'harming new homes market'

The UK's new homes market is being negatively impacted by mortgage lenders who are holding back from providing good deals to buyers, according to one expert on the subject. Vernon Pethard, managing director at NewHomesforSale, said that the market is being affected by "fragile confidence" and "general discrimination", which is leading to a ...

20th Apr 2011

House builders' optimism could lead to more properties for sale

The house building industry is looking ahead to a more positive future, the Home Builders Federation (HBF) has said, which could lead to more properties for sale. This month, the Office for National Statistics reported that the volume of construction output increased by 8.6 per cent in February compared with the previous month. Steve Turner, head of communications at the ...

11th Apr 2011

New Homes news archive

HBF: There is a growing demand for new homes

Demand for newly-build property is on the rise, although the market continues to be quite strained, according to the Home Builders Federation (HBF). Steve Turner, head of communications at the HBF, was commenting after the Markit/Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Managers Index (PMI) showed a strong expansion of activity in the ...

6th Apr 2011

First-time buyers 'need support to get on UK property ladder'

The current climate is tricky for first-time buyers who are hoping to invest in a new home, according to one industry commentator. Jon Brown, partnership manager at Iammoving, said he expects that demand for UK property will rise this year, although those looking to get on the property ladder could find it a bit difficult. "If you are looking year-on-year, you would ...

6th Apr 2011

New home builds 'on the rise'

More and more new homes for sale are being built in the UK, according to the latest figures. The Markit/ Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Managers Index (PMI) showed that the building of residential property increased for the third month in a row during March. Overall, the PMI had a reading of 56.5 – an eight-month high. A ...

5th Apr 2011

New homes 'wanted by 80% of non-property owning adults'

While most Brits will happily live in properties to rent for years, the majority still aspire to own their own home, according to new figures. The research, which was carried out by HSBC, found that over 80 per cent of non- property owning Brits want to become a first-time buyer and invest in new homes . In total, 86 per cent of peopled aged between 18 and 24 years and who ...

1st Apr 2011

UK property 'likely to see positive trends this spring'

An increasing number of people are likely to move to new homes over the next few months, according to iammoving. Jon Brown, partnership manager at the UK-based free online change of address service company, said the spring months typically see a "positive trend" in the housing market. He suggested that during spring, there is usually an increase in the number of ...

1st Apr 2011