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Events Diary

Care & Retirement Living 2018

Tuesday 27th November 2018

Resi Investment & Build to Rent 2018

Wednesday 28th November 2018

latest news

The current opportunities for housing development

As we touched upon recently, updates to the draft National Planning Policy Framework (NPPF) should provide developers with more opportunity and freedom in developing existing brownfield sites, but there is little mention within the framework of openings for development on alternative plots. We examine the current opportunities for housing development in the UK right now.

The rise of co-living

Today, co-living has progressed into a social movement that focuses not just on the convenience that shared housing provides, but on a sense of community and collaboration. With the average rent in London having risen to £1884 per month and an increasing demand for housing, we examine the trends in co-living, as well as potential investment opportunities for developers. 

The rise of the micro home: what today’s residential buyers are looking for

Micro-living has become an appealing model of living for those young professionals who are otherwise unable to get on the property ladder. We examine the growth within the micro-living market over the last couple of years and how this may develop going forward.

The Spring Statement 2018: Plans for property

Perhaps predictably, the housing crisis was, amongst other things, top of the agenda for this year’s Spring Statement in March. With the Autumn Budget’s targets holding firm so far, here’s what’s in store for housing in the coming years according to the Statement.

The Housing Infrastructure Fund

A policy first introduced in summer 2017, the Housing Infrastructure Fund is a government grant programme designed to help unlock viable sites in the areas most in need of housing. Since its introduction in the Housing White Paper, the highly competitive scheme has seen 44 areas of the UK bid for a share of the £4.1bn fund to help fill the gaps in the housing.

Housing Growth Partnership

Housing Growth Partnership is a social impact investor backed by Lloyds Bank and Homes England. As an investor, Housing Growth Partnership is designed to address affordability by providing support to regions looking to increase housing output. In the Spring Statement, the Chancellor announced that the government would back Housing Growth Partnership with an investment of £60 million to support the UK’s smaller housebuilders. This added cash injection means the partnership is now worth £220 million and has delivered 3,400 homes since it’s conception in 2015.

Around the UK

London is set to receive £1.67bn in funds to help the City reach its target of 27,000 affordable homes by the end of 2022. Elsewhere, the West Midlands is set to receive £100 million as the region launches an ambitious scheme to build 215,000 new homes by 2031.

Developments since the Autumn Budget

The Autumn Budget laid out a number of housing targets for housebuilders and developers, not least, the target of delivering 300,000 new homes per year by 2020, a number not achieved since 1970. The £44 billion investment programme has, so far, kept this target on track.

The Autumn Budget also saw the scrapping of stamp duty for first-time buyers of homes under £300,000, with buyers of properties up to the value of £500,000 benefitting in some way from the change. The Chancellor announced that an estimated 60,000 first-time buyers have benefitted so far, with the numbers set to rise as more buyers finding their way onto the property ladder.

Book your place on an LD event today and make sure you’re keeping your finger on the pulse of ever-changing housing policies. As leading providers of conferences for London’s property professionals, each of our events boasts an impressive line up of some of the sector’s leading players, as well as offering the opportunity for delegates to hear the latest market insights and analysis.

 

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Posted: 12/04/2018
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