Partnership plans to build homes at 20 of its sites across the UK
Five months after saying it would look into the scandal, the CMA says the firms to be probed are Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey.
Swathes of planning 'red tape' are to be swept aside to help builders construct on brownfield sites more easily as Bojo declares war on 'newt counting'.
CEO says construction sector requires help if UK economy is to recover from Covid-19 crisis
Government Covid-19 advice has impact on Persimmon, Barratt, Redrow and more
The National Federation of Builders (NFB) has called for a consistent message from the government about safe on-site working practices.
More than a million homes were not built after planning permissions were granted in the past decade.
Some 564,600 units have been granted planning permission by councils since 2009/10 but only 1,530,680 units were completed in the same period.
Investors that may have been dubious about estate agent reports of a Boris bounce to the housing market, looked more confident on Wednesday, choosing to jump into some of Britain’s building giants.
Housing secretary Robert Jenrick has announced that small and medium sized builders will be able to apply for £1 billion in government funding.
Persimmon does not have an agreed minimum standard for all the houses that it builds, an independent report into the company has found.
It said the lack of a group build policy increases the risk of defects.
One result is a lack of fire-stopping cavity barriers or ones which have been installed wrongly around the UK.
The National House Building Council, a provider of warranty and insurance, has launched the 2020 edition of its technical standards.
The new standards affect foundations that begin on or after 1 January.
The National Federation of Builders (NFB) has called on the Government to reform the way developers contribute to local communities after the City of London revealed that millions of pounds remain unspent.
The terms affordable homes and luxury rarely go together, but they have been successfully amalgamated at an extraordinary development in Dorset, setting a new standard for mixed-tenure developments across the UK.
The housing industry needs to do more to win the support of Londoners for new home building with council, social rented and genuinely affordable housing being a priority, it is suggested.
Over 170,000 new homes were built for the year ending June 2019, taking the number to an 11 year high, the latest official figures show.
“We’re determined to deliver homes that families are proud to call their own" says Robert Jenrick.
New build homes can be unattractive, devoid of character and inconveniently located, according to a study of prospective buyers and property investors.
Nearly two thirds of British developers say they are set to invest more in the North of England by 2021, driven by the Northern Powerhouse initiative.
Across England and Wales, 11% of sales already this year have been of new build properties, while in London they account for some 13% of transactions, according to new research.
The current average price of a new build home in Britain is £295,950, with a 10% deposit £29,595 taking 14.9 months to save based on an average monthly net salary of £1,993, new research has found.
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