Monthly Archives: March 2011

Bellway exceeds targets and enjoys a bright Spring

By admin | Published March 30, 2011

Bellway has exceeded its targets for the six months to the end of January, with completions up 4% to 2,322 and pre-tax profit up 26% to £24 million. Chairman Howard Dawe said that visitors and reservations “have returned to the pattern of a traditional Spring market” and welcomed last week’s Budget announcements. Sourced from: House [...]

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Housing shortage crisis predicted in IPPR report

By admin | Published March 14, 2011

England is facing a “growing housing crisis”, according to a report which estimates a shortfall of 750,000 homes by 2025. The country needs to build more homes even if the economy continues to falter, the Institute for Public Policy Research (IPPR) concludes. It found the biggest shortfall would be in London, the South East of [...]

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Cameron labels planning officials ‘enemies of enterprise’

By admin | Published March 9, 2011

The Prime Minister has described planning officials as ‘enemies of enterprise’ and declared that the forthcoming Budget will be the most growth-friendly for a generation. Speaking at the Conservative Party spring conference in Cardiff on Saturday, David Cameron took aim at “town hall officials who take forever with those planning decisions that can be make [...]

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Cable considers land auction plan to boost development

By admin | Published March 7, 2011

The coalition Government is considering introducing a system of ‘land auctions’ in a bid to encourage more land to come forward for development, business secretary Vince Cable said today. Writing in today’s Financial Times, the business secretary said that the “market in land is dysfunctional, distorted by a slow and prescriptive planning regime and by [...]

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London Land Prices Soar on Home-Development Demand

By admin | Published March 1, 2011

London Land Prices Soar on Home-Development Demand, FT Reports London land prices are soaring as competition by international investors for sites reaches levels last seen before the recession the Financial Times reported. Rob Perrins, the chief executive officer of Berkeley Group Holdings Plc, the U.K. capital’s biggest housebuilder, said investors are moving “from protection to [...]

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