UK

Parliament-UK-London-Thames-Building-700x450.jpg

Government gives £25m to help local authority housebuilding

The Government has launched a £25m fund to help local authorities deliver new homes.  Housing and planning minister Alok Sharma today opened the Planning Delivery Fund. The Government has opened up £11m of the cash at first to help local councils deliver quality homes. A DCLG statement says: “The fund is aimed at encouraging more […]

Euro-flag-European-EU-700.jpg

Budget: Govt sets aside £3bn for Brexit

Chancellor Philip Hammond has said the UK will set aside £3bn over the next two years to prepare for Brexit. Delivering the Autumn Budget today, Hammond said the Government had already invested £700m in preparation for the UK leaving Europe in in March 2019. He added that for the next two years the Government has […]

Home-House-Monopoly-Money-Property-700x450.jpg

Building societies claim 29% market share in Q3

Building societies had a 29 per cent market share in Q3, according to the Building Societies Association. The BSA says its members approved 114,793 mortgages in the period out of the total 397,532 approved. This is flat from the 29 per cent figure recorded in Q2. Gross mortgage lending by building societies was £17.3bn, or […]

Budget to unveil plans for 300,000 new homes a year

The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans […]

Scotland-Flag-Scottish-700x450.jpg

House prices in Scotland rising at fastest rate in UK

House prices in Scotland are rising faster than the rest of the UK, with annual growth of 5.6 per cent, according to estate agent’s Your Move. Their Scotland House Price Index, compiled with Acadata, says a lack of supply is helped drive prices upwards in September, with a monthly increase of 1.4 per cent. This […]