Residential and Development

Residential property news and features and all the latest news on major property developments.

Latest Residential & Development News

Bellway st georges

Help-to-Buy boosts Bellway profits as it targets 10,000 homes a year


Housebuilder Bellway has revealed half-year pre-tax profit leapt 16.6% and that it is on track to deliver record sales for the full year, thanks to the government’s HTB scheme.

St neots urban&civic

Urban & Civic gets green light for St Neots extension at 'record' speed


Regeneration specialist Urban & Civic has received planning permission for a 700,000 sq ft extension of its St Neots scheme that will also add a further 2,800 homes to the development just outside Cambridge.


Russian investor acquires Birmingham student block


A private Russian buyer has acquired the City Edge student accommodation block in Birmingham from a subsidiary of Shaylor Holdings for £10.6m.

Crosslane howard gardens

Green light for Crosslane to create new student accomm in Cardiff


Crosslane Student Developments has unveiled plans to deliver a 384-bed purpose-built student accommodation development at Howard Gardens in Cardiff.

Tony Pidgley

Berkeley Homes ignores government call for housebuilders to build houses


Berkeley Homes has positioned itself directly against prime minister Theresa May, by refusing to increase the number of homes it builds despite government threats to housebuilders to either build homes on their land or face planning blocks.

Sadiq Khan

London still lagging behind on affordable homes target


New data has suggested that London is behind on its target to provide 90,000 affordable homes starts by 2021, having achieved 6,725 affordable home starts in the past 11 months.

St modwen st andrews

Annington steps up PRS profile with £75m Uxbridge acquisition


Annington has completed on the acquisition of 207 PRS homes in Uxbridge from St Modwen for £75m.

Clarion eastfields

Clarion reveals five-year £800m build-to-rent plan


Housing association aims to become major player by building a 3,000-unit portfolio in high-growth areas.

Student hotel amsterdam city communal area

The Student Hotel looks to enter UK market


The Student Hotel, a Dutch-based co-living and co-working provider, has its sights set on the UK as part of its €1.8bn (£1.6bn) international growth strategy.

Mo d estate

MoD properties to go under hammer with LSH


The Ministry of Defence has appointed Lambert Smith Hampton on a two year online auction contract with a mandate to support its 30% estate reduction commitments.

Chris wilson harmony

Hackathon team innovates with landlord-tenant app


One of the teams from Property Week’s RESI Hackathon is developing an app that aims to revolutionise the way build-to-rent and student accommodation landlords communicate with tenants.


Absorption rate slowing housebuilding, Letwin claims


Sir Oliver Letwin has published his interim thoughts from his landbanking review, claiming that the “fundamental driver” behind slow build-out rates “appears to be the absorption rate”.

Philip Hammond

Spring Statement leaves industry out in the cold

2018-03-20T06:54:00+00:00By Russell Pedley (Assael)

In the build-up to last week’s Spring Statement, many predicted a ‘boring budget’ and Philip Hammond didn’t disappoint in this regard.


Countrywide is victim of outdated long-leases model


Last week’s results from Britain’s largest estate agent, Countrywide, showed a 22.5% fall in core annual earnings and led to it scrapping its dividend, sending its shares to record lows.

Nestlé factory site, Hayes, west London

Sheds & beds: an unusual Nestlé blend


At a former coffee factory in west London, SEGRO and Barratt are about to combine housing and industrial space in what could be the first of many large-scale ‘sheds and beds’ schemes.

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