Three housing organisations call for meaningful policy change ahead of a General Election, as several developers post trading updates – and some fall into administration.
Tag Archives: uk housing
Industry gives lukewarm response to Autumn Statement
The housing industry reacts to an underwhelming Autumn Statement, as the HBF publishes a plan to unlock housebuilding.
Persimmon headcount to reduce by 700 as “highly uncertain” market bites
Several developers publish trading updates this week, with mixed results. Meanwhile, the King’s Speech leaves the industry underwhelmed.
Thousands of construction firms on the brink of bankruptcy
Reports reveal thousands of construction companies facing insolvency due to a slump in the market, as annual house prices fall.
House prices to fall until 2025 as industry recession continues
Lloyds Group predict that house prices will fall in 2024, as the Construction Products Association also downgrades their forecast for next year.
Bellway and Barratt reveal gloomy market forecasts
Barratt and Bellway both publish gloomy trading updates this week, as house price growth in October falls to its lowest level since 2008.
Anger within housing industry as nutrient neutrality proposals rejected
The industry reacts as proposed nutrient neutrality changes are scrapped, and 150,000 homes remain blocked.
Planning permissions fall to record low
The HBF have reported record falls in the number of planning permissions, as house prices fall in August and Barratt report weak reservation rates.
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.
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