Investment

Gvt action needed to boost modern homes construction: MHCLG

The Ministry of Housing, Communities and Local Government must take steps to ensure more properties are built by modern methods of construction if it is to meet its “ambitious” target to build 300,000 new homes annually by the mid-2020s. This was the conclusion of a report by the Housing, Communities Select Committee, which examined the […]

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Review of affordable housing in Wales calls for reform

A report commissioned by the Welsh government to examine affordable housing supply in Wales has called for a reform of the grant system, and the introduction of long-term partnerships funding for social landlords. The Independent Review of Affordable Housing Supply said reform was “overdue” and that the existing fixed-rate, annual grant system for affordable housing […]

Cover Feature: Taxing times for foreign buyers

Plans for a rise in stamp duty for overseas housebuyers could have a costly effect on UK residents. Guy Anker investigates the pros and cons of foreign ownership The government plans to raise the amount of stamp duty paid by overseas property buyers, but many think it will not deliver one of its key aims […]

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Gatehouse Bank issues new commercial property products

Gatehouse Bank has announced the launch of a series of new commercial property finance products aimed at businesses and investors. The lender is targeting those interested in acquiring or refinancing commercial property and mixed use or owner-occupied commercial premises through loans of between £500,000 and £2m. The new offerings – commercial investment, semi-commercial, and owner-occupied […]

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North West and Scotland current BTL hotspots, says Shawbrook

Property investors can still achieve good yields in certain pockets of the market, despite the barrage of tax change that have hit the sector, Shawbrook Bank’s UK Buy to Let report finds. According to the report compiled by the Centre for Economics and Business Research, the North West and the city of Manchester in particular […]

Force developers to build less “homogenous” homes: Letwin

The government should adopt a new set of planning rules to speed up building in areas of high demand, and to force developers to provide more varied housing options, an influential report has concluded. Former minister Sir Oliver Letwin was asked to conduct an independent review of build out rates in last year’s Budget. He […]