Land News

Tuesday, December 13th, 2011

British Land lines up new retail developments

British Land is preparing to start new retail developments for the first time since the recession. The UK’s second-largest property group said in its annual results that management “expect to commence work later in the year on a number of schemes”, such as a 300,000 sq ft factory outlet at Whiteley Village near Southampton, an read more


Friday, December 2nd, 2011

British Land and USS Confirm Commitment to £64 Million Whiteley Retail Development

British Land and Universities Superannuation Scheme Limited (USS) are pleased to confirm their commitment to the development of the 300,000 sq ft Whiteley Shopping Centre in South Hampshire. Lettings at the £64 million development have now reached 50% by floor area, with M&S (60,000 sq ft) and Next (19,500 sq ft) committing to anchor the read more


Wednesday, November 2nd, 2011

England Facing Sizeable Housing Shortfall

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 read more


Tuesday, September 13th, 2011

How could the draft planning laws be changed?

Greg Clark, the planning minister, has admitted that the controversial planning laws “could be clearer.” So, how might the current document be changed? The National Planning Policy Framework currently reduces 1,000 pages of planning regulation down to 52. All sides agree that the overarching aim to simplify the planning process is correct. But it is read more


Thursday, August 4th, 2011

Builder Taylor Wimpey back in black as it reins in costs

TIGHTER cost controls helped housebuilder Taylor Wimpey to return to profit during the first half of the year despite the firm selling fewer homes, figures yesterday revealed. The group, which also trades under the George Wimpey and Bryant Homes brands, revealed its average selling price was flat at £168,000 and that it sold 4,707 houses read more


Wednesday, July 27th, 2011

Housebuilders must rise to the challenge of climate change

Chris Goodier and Wei Pan outline the challenges that housebuilders face in helping to meet the UK government’s goal of reducing carbon emissions by 80% by 2050 The UK house building industry is facing significant challenges, some longstanding and others triggered by the economic downturn. Future house construction will be driven by evolving government policy read more


Tuesday, July 26th, 2011

New planning laws threaten green belt

The biggest shake up in the planning system for 50 years will allow sprawling out of town developments on the green belt, campaigners have warned. The new national planning policy “dramatically” simplifies the planning system, including slashing 1,000 pages of policy to just 52. However environmental groups fear it will lead to more homes on read more


Tuesday, July 5th, 2011

London builders ‘bouncing back from recession’

The UK’s widening north-south divide was laid bare today by a host of City updates from building firms whose fortunes increasingly hinge on more buoyant South East markets. Surveys have shown London and the South East bouncing back from recession much more quickly than the rest of the country, as a lack of homes supports read more


Wednesday, March 23rd, 2011

Budget 2011: Chancellor announces ‘radical’ planning reforms

Chancellor George Osborne has revealed a raft of planning reforms aimed at removing what he claimed has been a ‘chronic obstacle’ to UK growth Addressing the House of Commons today Osborne claimed councils now spend 13 per cent more on planning permissions than they did five years ago despite a 30 per cent fall in read more


Wednesday, March 23rd, 2011

Property industry welcomes changes to UK planning system

Government plans to overhaul the UK’s planning system including making applications more streamlined and developments more sustainable have been widely welcomed by the property industry. In particular a new presumption in favour of sustainable development, so that the default answer to development is ‘yes’, is seen as a major step forward along with making it read more


Monday, March 14th, 2011

‘Housing shortage crisis’ predicted in IPPR report

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 read more


Friday, January 21st, 2011

Developers warning over affordable homes target

HOUSING developers in Winchester are warning that targets for affordable homes will rebound and deter crucial development. Twenty firms have written to the city council saying its stance that new housing schemes must have 40 per cent ‘affordable’ homes, will make many scheme unviable as well as encouraging landowners to hold on to their land. read more


Monday, December 13th, 2010

Localism Bill starts a new era of people power

A landmark bill that heralds a ground-breaking shift in power to councils and communities overturning decades of central government control was unveiled by Communities and Local Government Secretary Eric Pickles today. The Localism Bill will put an end to the hoarding of power within central government and top-down control of communities, allowing local people the read more


Monday, December 13th, 2010

Slump in planning permissions for new homes

Housebuilders have blamed a vacuum in planning policy for a 25 per cent drop in the number of planning permissions granted for new homes in England during the second quarter of 2010. The New Housing Pipeline report published today by the Home Builders Federation (HBF), says that planning permissions granted to developers for new homes read more


Sunday, December 12th, 2010

Pickles overhauls planning system

Proposals to overhaul radically the social housing and planning systems and return power to local authorities were today finally unveiled, following weeks of delay. Communities secretary Eric Pickles published the Localism and Decentralisation Bill this morning, saying it will herald a “ground-breaking shift” in returning power to councils, starting a “new era of people power.” read more


Friday, November 26th, 2010

SHAPPS SCRAPS STANDARDS PLAN TO PROMOTE HOUSE BUILDING

New house building standards that were soon to be introduced are being scrapped, and others are to be overhauled in a bid to ease the burden on builders and get more homes built. Housing minister Grant Shapps said that proposals for new Core Standards for development funded by, or on land owned by, the Homes read more


Tuesday, November 23rd, 2010

Major Hampshire eco-home building scheme given green light despite opposition

Hundreds of green homes are to be constructed in Hampshire following the county council’s decision to give the green light to plans submitted under the previous government’s ‘eco-towns’ initiative. Despite opposition from local residents, who have been arguing that the planned development would encroach on green belt land to the north of the M27 motorway read more


Friday, November 19th, 2010

CALA lawyers in fresh legal challenge

The lawyers behind the successful legal challenge to the scrapping of regional strategies (RS) have commenced proceedings against the government’s insistence that the ruling changes little. Mr Justice Sales ruled in the High Court last week that CALA Homes has been successful in its challenge to overturn the revocation of the RSs, saying that primary read more


Tuesday, November 16th, 2010

Developers compete to offer new homes in Hampshire

New Homes builder Banner Homes is hoping to capitalise on strong demand for new build family homes in Hampshire by regaining planning permission to build five luxury new houses on a newly acquired site on Waterford Lane in Lymington, Hampshire. Planning consent has already been awarded for the construction of five detached homes, but Banner read more


Friday, October 15th, 2010

REDEVELOPMENT OF WHITELEY VILLAGE

Consented Scheme July 2010. This exciting development has attracted a lot of interest from retailers and businesses, both national and local, who would like to operate in a new and vibrant mixed use town centre. Based on the discussions that have taken place with these operators, however, it is clear that the market has moved read more


Tuesday, October 12th, 2010

Let housing supply match demand – and build more homes

The Housing Minister Grant Shapps says he wants house price stability rather than a house price boom. The problem is that the planning system distorts the British property market. Normally when demand for something goes up then the supply is increased and the price remains reasonable – and often the price falls as products are read more


Wednesday, October 6th, 2010

THE CITY INTERVIEW: Family homes beat flats, says Barratt boss

Mark Clare is planning a mini-revolution in housebuilding in Britain. Bruised by the mistakes of the biggest property boom and bust in history, the chief executive of Barratt Developments believes the era of inner-city flats and apartments is over. Instead, he wants to build large family homes with gardens to satisfy vast swathes of Middle read more


Tuesday, September 21st, 2010

Foxtons founder launches property fund

Foxtons founder Jon Hunt is gearing up to tackle the UK housing supply shortage with the launch of his own property investment fund… According to a report in The Financial Times, Hunt is using the proceeds of his sale of Foxtons – reported to be more than £350m – to fund residential scheme development through read more


Sunday, August 15th, 2010

Can David Cameron match Harold Macmillan’s achievement in house-building?

Right-to-buy and buy-to-let have created an urgent need for social housing – which the Labour government did not deliver There are nearly half a million reasons why a new council house building programme is unlikely to get off the ground, despite hints last week that the government would like to relaunch council homes to deal read more


Wednesday, July 28th, 2010

UK facing severe shortage of residential property for rent, new report indicates

The residential property rental supply in the UK has reached an all time low making the prospect of a severe shortage more likely, according to the industry. New research from the Association of Residential Lettings Agents (ARLA) shows that almost three quarters, 70%, of its member offices report that there are more tenants than available read more


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