Category: Housing market

Angela Rayner told new towns plan risks missing England housing targets

Exclusive: Centre for Cities analysis shows more new towns would have to be built than ever before to dent 1.5m targetAngela Rayner has been warned that the government could risk missing its housing targets by placing too much...

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L&G warns housebuilding drive needs decade to tackle housing crisis at current pace

Group taps Greater Manchester Pension Fund to boost coffers but warns push for affordable homes must move fasterBosses at the insurance and pensions group Legal & General, which invests in and builds homes, said it will take...

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Labour cannot build 1.5m homes without cash for affordable housing, providers say

Exclusive: Figures show housing associations started just 33,000 social homes last year, a fall of 30%Labour will miss its target of delivering 1.5m new homes this parliament without an emergency cash injection into the...

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Sunak pledges to keep stamp duty threshold at £425k for first-time buyers

Pledge comes as parties prepare to launch their manifestos, with Labour to offer support for small businessesThe Conservatives would permanently scrap stamp duty on homes up to £425,000 for first-time buyers, Rishi Sunak...

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UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688Business live – latest updatesUK house prices held steady in May underpinned by rising wages and an increase in...

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Labour will aim to reveal new town sites within first year in power

Angela Rayner to promise party will build in them by end of its first term and will support private developersA Labour government would aim to announce the sites for a series of new towns within a year of taking office, with the...

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