There is a growing disparity in the value of development land in the UK as housebuilders focus activity on areas with affluent potential buyers, according to research by Savills. The property agent says land in Oxford is only 5pc below its peak of 2007, but in Bradford values are 69pc lower. However, the research also [...]
Councils should be allowed to build homes on green belt land if the local community is in favour, a report has said. Think tank Policy Exchange has published a report, Cities for growth, which said only 30 per cent of people disagree with allowing some development on the green belt. The report also suggests that [...]
Building on its existing energy efficiency and conservation efforts, Asset Land announced today that it has purchased carbon offsets that neutralise the environmental impact of the company’s international operations.
England is facing a sizeable housing shortfall of an estimated 70,000 new homes annually. According to the latest report released by DTZ, the government has been urged to make reforms quickly to prevent a full on crisis. Funds are available for building which could be released, as well as land where new homes could gain [...]
The boss of Redrow, the housebuilder, is set to criticise “Nimbys” for being “selfish and hypocritical” for using the environment as a smokescreen to safeguard their own housing wealth at the expense of younger homebuyers. In a speech to the Home Builders Federation this week, Steve Morgan will also hail a proposed overhaul of the [...]
The Government’s planning reforms could make it easier to build on green belt land, parliamentary advisers have suggested. Researchers at the independent House of Commons library have said that the Government’s legal presumption in favour of sustainable development will apply “even within the green belt”. The presumption, set out in the Draft National Planning Policy [...]
