Property Development

Property funds are one investment alternative

Property Funds: Are they a good investment?

Property prices in the UK have increased consistently over the last two decades but does investing in property funds offer the same type of opportunity?

Future housing boom can be stopped through more building

Million more homes needed to stop next boom

The housing shortfall is set to hit one million homes in 2010.

Will Darling offer the key to property recovery?

Budget 2009: Will Darling offer the key to property recovery?

House prices are expected to fall further in the coming year and as many as two million face negative equity or limited equity, frustrating attempts to get hold of a mortgage deal.

UK needs to build, but building work crunched

UK must keep building out of credit crunch

A group of influential MPs are calling on the government maintain its building programme through the recession.

Builders see toughest time ever

UK construction hits record low

New orders, building levels and employment all fell for the construction industry in November.

Brown sends a sign to builders

Brown has the builders in at Number 10

Gordon Brown today met with representatives of the construction industry to discuss how the sector can survive the economic downturn.

UK needs to build, but building work crunched

New home building drops by half

The number of new homes being started has fallen by 48 per cent in the last year.

Westminster empty tax revolt

Chief whip breaks government lines on 'empty property tax'

Nick Brown, government Chief Whip, has broken rank with the party line and called for an Empty Property Relief to be reinstated.

British Land sees values drop

British Land properties fall 10% in value

British Land's portfolio of properties fell 10.8 per cent over the last six months.

B&Q owner expects Poles to return home

B&Q owner boosts Polish expansions as Poles go home

B&Q owner Kingfisher is doubling the number of its stores in Poland ahead of a wave of Poles returning from the UK to their motherland.

Credit crunch is putting government new home targets at risk

Government housing targets at risk

Government plans to build three million new homes are at risk, warn MPs.

Building targets set to be missed

Government set to miss new home targets

Less than 100,000 new homes will be built next year, half the amount needed to meet government targets.

Construction sector jobs shed at fastest pace in over a decade

Construction sector cuts jobs at record pace

Jobs were lost at a record rate in the construction industry during September, according to the latest figures.

New home plan not coming up to scratch

New home buyers face 'delays, faults and unfair terms'

Buyers of new properties are regularly facing problems such as delays in moving in, faults in new homes and issues over reservation fees.

More action needed to speed property needed

Brown property targets 'will be missed'

Gordon Brown's target of three million new homes by 2020 will be missed, a housing industry chief said, because of the global financial crisis.

Builder faces profits hole

Barratt profits drop 68%

Barratt Developments saw profits over the last year drop 68 per cent as the builder was hit by to morbid property market.

Housebuilder faces crunch losses

Housebuilder Taylor Wimpey see massive loss

Taylor Wimpey has announced a £1.54 billion loss for the first half of 2008, following a series of massive writedowns.

Builder Bovis sees profits slide

Bovis profits slump 84%

Homebuilder Bovis profits fell 84 per cent over the first six months, in what is described as "the toughest period of trading".

Hard hats off as construction slows below government targets

New home building falls

The number of new homes being built in the England has fallen dramatically in the second quarter of the year, according to the latest research from the Department for Communities and Local Government (CLG).

Home builder's sales hammers by property slowdown

Housebuilder Persimmon sales fall 31%

Housebuilder Persimmon sold 31 per cent less property during the first six months of the year, when compared to the same period of 2008.

Construction sector hammered

Construction sector orders fall

Construction orders slipped dramatically during the second quarter of the year, as bad news for the sector grows.

Building slowdown may aid property recovery

Property slowdown 'will aid recovery'

The present slowdown in the construction of new-build properties will inadvertently assist the recovery of the housing market from 2010.

Builders cut costs to keep customers

Builders cut costs to keep customers

Builders are cutting their prices, despite the rise in material costs, to make sure they keep customers.

Planning failure jeopardizes housing target

Planning failure jeopardizes housing target

Weaknesses in the local government planning system make it unlikely the government will meet its housing targets.

Hoem improvements go cash in hand

Brits still opt for cash in hand workmen

Britons still prefer cheaper cash deals from workman for home improvements to avoid VAT.

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