New Homes news
Latest New Homes news
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
New Homes news archive
Estate Agent: First-time buyers stuck in limbo
First-time buyers are finding it increasingly difficult to get on the property ladder because of high house prices , one industry expert has suggested. According to the Western Mail, new figures have shown that in some parts of Wales the average value of a regular home is as much as seven times the average annual wage. The statistics also revealed that if a house hunter had ...
29th Mar 2011
UK 'still not seeing enough new build homes'
The UK's property building figures are still falling short of what the country actually requires, according to one industry expert. Brian Berry, director of external affairs at the Federation of Master Builders, noted that the country's fragile economy may be having an impact on the amount of new homes which are being built at the moment. Discussing the present ...
24th Mar 2011
'Apprentices needed' for building of new homes
The only way that more new homes can be built in the UK is if more people enter the construction industry to stimulate the market, a specialist has observed. Steve Turner, head of communications at the Home Builders Federation, said that new apprenticeships are one way of encouraging people to enter the sector and help to boost the amount of new UK property being ...
11th Mar 2011
Low transaction levels 'will continue'
The relatively low number of transactions for UK property seen over the last year is likely to continue for the foreseeable future, one industry expert has predicted. Selwyn Lim, director of Mouseprice, said that 2011 and 2012 are likely to see a similar number of house sales to 2009 and 2010 as people remain reluctant to buy or sell or simply cannot afford to do so. His ...
1st Mar 2011
Incentives 'pushing up value of new homes'
The cost of buying new homes is being driven up by the incentives offered to buyers, according to one organisation. Timothy Lambert, head of consulting at Ducalian, said that many people are being drawn into the market then buying new homes because the benefits of doing so are much greater than choosing an older property . His comments followed the publication of data by ...
16th Feb 2011
Property supply shortage 'a huge issue'
The shortage of available housing in the UK is a major issue, according to property trade organisation. Steve Turner, head of communications at the Home Builders Federation, made the comments after a report by Glenigan found that new construction projects between October 2010 and January 2011 fell by 28 per cent compared to the same period a year before. According to the ...
14th Feb 2011
'Incentives needed' to create self-build new homes
More incentives need to be offered to the public if the number of people building their own new homes is to be increased, according to one industry specialist. Gordon Miller, sustainability and communications director at Sustain Worldwide, said that the government's attempts to increase the number of self-build projects in 2011 are unlikely to be realised unless more ...
9th Feb 2011
Property planning system 'needs urgent clarification'
The new planning system for UK property needs urgent clarification by the government, according to one sector expert. Steve Turner, head of communications at the Home Builders Federation (HBF), made the comments after the latest Markit/CIPS Construction Purchasing Managers' Index showed that the UK construction sector returned to growth in January. According to the ...
8th Feb 2011