On Wednesday 7 February, members of the home building industry came together to mark the first year of the successful Women into Home Building programme. The programme was developed by the Home Builders Federation (HBF), in partnership with Women into Construction and nine major home builders. It aims to create more opportunities for women to gain […]
The government consultation ‘Strengthening planning policy for brownfield development’ seen to implement a ‘presumption in favour of brownfield’ to ensure more brownfield land is used for housing, rather than expanding onto the greenbelt or outside of communities. Richard Beresford, chief executive of the National Federation of Builders (NFB), said: “There isn’t enough brownfield land to […]
New home registrations showed a 44 % drop in 2023 compared with the previous year, according to figures released by the National House Building Council, NHBC. There were just 105,449 registers by developers of intent to build compared with 189,009 in 2022 with the biggest decrease in the Northwest of 61 %. The West Midlands […]
Work to transform part of the former Meggitt aerospace site in Coventry into a new business park featuring hundreds of jobs has been completed thanks to a multi-million-pound investment by the West Midlands Combined Authority (WMCA). Over the last two years the WMCA has put nearly £24m into the regeneration of the derelict Meggitt site […]
Depoliticising planning and offering more help for first-time buyers would speed up housebuilding according to SME developers’ comments in a recent study. More than 90% of the 303 respondents cited planning permission delays as a major growth barrier in the Homebuilders Federation’s fourth annual State of Play survey. SMEs would like to see local councils’ […]
More young people look set to live with their parents as buying a home becomes increasingly expensive, the government’s housing accelerator Homes England has warned. Office of National Statistics has revealed the cost of a home is rising quicker than earnings with affordability ratios increasing from 4.92 in 2002 to 8.28 in 2022. “Many young […]
According to Savills new Future of Build to Rent Houses report, up to 1 million additional homes will be required to accommodate growing rental demand, particularly from young families, across England and Wales. Demand will be driven by the recent slowdown in stock availability in the private rented sector (PRS), worsening housing affordability, end of […]
The West Midlands remains on track to achieve its ambitious target of building 215,000 new homes by 2031 to help meet future housing and economic needs and provide local people with good quality but affordable housing. Latest government figures show that in the 12 months to March 2023 the number of new homes built in […]
Aarin Chiekrie, equity analyst at Hargreaves Lansdown: “Despite the difficult and uncertain trading backdrop, Persimmon’s valuation’s been on the charge in recent months. New home completions came in ahead of group expectations in 2023 but were still down by a third on the previous year. Alongside an increased use of incentives, these lower volumes mean […]
Solar panels on the roofs of all new homes will add millions to the cost of housing developments, warns the National Federation of Builders. The trade body is unhappy with a proposal that they could become mandatory under the Future Homes and Building Standards consultation released this week. NFB head of policy and market insight […]
