Latest Residential News
Housebuilder share prices rise 18% in Q2 as activity resumes
Cairn Homes leads the pack with 32% share price rise as the sector picks up again after lockdown lull
L&G calls on government to take urgent action to reduce emissions from built environment
Legal & General (L&G) has written to the government calling for urgent action to reduce emissions from the built environment.
UK resi market ‘impenetrable’ for smaller investors
The UK’s residential market is missing out on billions of pounds of potential investment because of a lack of suitable investable vehicles.
Covid has delayed prime London residential recovery to 2021, say Savills
Covid-19 has delayed the recovery of the prime central London residential market to 2021, according to new research from Savills.
Persimmon reports 15% rise in forward sales year on year
Persimmon has reported a 15% rise in forward sales compared to the same time last year.
RICS calls for government to maintain support amid residential market improvement
RICS has urged the government to maintain measures to sustain economic recovery as early signs of improvement in the residential market may “quickly run out of steam”.
Stamp duty holiday expected to boost economy
Chancellor Rishi Sunak is expected to unveil a six-month stamp duty holiday this week.
Jenrick extends £9bn affordable housing scheme because of coronavirus
Housing secretary Robert Jenrick has extended the £9bn affordable housing scheme by a year due to the coronavirus.
First co-living fund reaches £170m in firepower
A confirmed commitment from Merseyside Pension Fund has increased the firepower of a co-living fund to £170m.
More than half of downsizers struggle to find right property, survey reveals
The government must shift its focus from first time buyers to tackle a “chronic shortage” of downsizer homes, according to Audley Group, after research by the retirement living operator found more than half of downsizers found it difficult to find the right property.
