Housing News – Page 236
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House prices will take five years to regain 2007 levels, says NHF
National Housing Federation research forecasts 12.2% fall this year and 4.6% the next, with recovery starting in 2011
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Councils advised to rebuild, not refurbish
London HCA chief suggests local authorities short on funds to refurbish council homes should knock them down and rebuild instead
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Housing stats: New build sales and completions in June 2009
This month’s data shows that applications to build new homes have hit an 11-month high
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Berkeley and Southwark agree on Potters Field homes
Heads of terms agreement reached on controversial plans for 374 dwellings next to Tower Bridge
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Property returns drop to around 0%
Data reveals investor confidence creeping back, but sharp fall in commercial activity in June
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HCA releases £84m to insulate social housing
Cash is intended to reduce fuel bills and cut carbon emissions for 110,000 homes
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Pension funds set to build private rented housing
Aviva and Legal & General among investors ready to fund construction of buy-to-let apartments
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Government reveals 270 Kickstart schemes
Housing minister says £925m fund will lead to 22,400 homes and 20,000 jobs being created
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Housing market sees North/South divide opening up
Hometrack survey suggests split in market conditions between northern and southern areas of England
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New zero-carbon definition cuts cost of home by £11k
But housing minister John Healey reveals that new energy rules could cost the industry £7bn
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Prince and council cut social homes deal
The plan for a Prince of Wales-approved eco-settlement in Devon looks set to have its affordable housing element cut to get it off the ground
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Land values rising
Residential land value is stabilising after a period of dramatic falls, according to property agent Knight Frank
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Mortgage lending rises £1.8bn
The Council of Mortgage Lenders said the amount of money borrowed by home buyers rose £1.8bn between May and June, but was only half what it was a year ago
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Birmingham council to rationalise
Birmingham council is to borrow £51m to upgrade and rationalise its offices
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HCA to fund energy links
The Homes and Communities Agency will put £12m into connecting housing schemes to low carbon energy plants
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Housing taskforce established
A think tank has set up a taskforce to work on strategies to break the boom and bust cycles in the housing market
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Who will deliver the eco-towns?
The government is breathing life into eco-towns, but the past 18 months have been profoundly discouraging for the private sector
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160,000 refurbs delayed to pay for new-build pledge
Prime minister’s £1.5bn new homes fund sucks money from refurbishment and infrastructure schemes
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The Belgian Reformation
Manchester architect Re|form has been shortlisted to redesign part of a Belgian town
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Mortgages up 15% in June
Rise means mortgage lending is 47% higher than last year during depths of credit crunch