The Government scraps nutrient neutrality rules which were blocking the delivery of thousands of new homes. Meanwhile, annual house prices fall in August at the highest rate since 2009.
Category Archives: weekly roundup
CMA launches study into housing industry
The Competition and Markets Authority announces that it will continue its investigation into the industry, as house prices fall more than usual in August.
Annual house price inflation slows – but it’s not all bad news
The ONS publishes its house price index for June 2023, as Glenigan finds a “glimmer of hope” for housebuilding in its latest Construction Review.
Persimmon look to subcontractors to reduce costs
Persimmon publish a trading update in which it sets out plans to share cost pressures with the supply chain. Meanwhile, Bellway consult on closing two regions.
Housing output declines as economic uncertainty continues
Several reports document the ongoing decline in housing output, as Taylor Wimpey suffers a start drop in profit.
Gove’s plans for housing delivery receive lukewarm reaction
Housing Secretary Michael Gove unveiled his plans to unlock housing delivery this week – but was met with scepticism.
Redrow closes two divisions as construction insolvencies rise by a third
Developer Redrow has announced the closure of two divisions, as construction insolvencies rise 34% in a year and planning permissions fall.
Gove returns £1.9bn budget meant to tackle housing crisis
DLUHC have returned hundreds of millions of pounds to the Treasury, as construction output falls.
Save our businesses, SMEs tell Sunak
Almost 200 small and medium-sized developers call on Sunak to unblock housebuilding constraints, as house prices continue to fall.
House prices remain stable, as Homes England placed under review
Nationwide have revealed that house prices remained stable in June, as Homes England are put under review and ilke Homes go into administration.