Bovis Homes has warned that its profits this year could be hit after a slower December meant it has built fewer homes than expected.
The company said that the number of homes it developed in 2016 will be lower than the previously anticipated 3,950 to 4,000, but did not give an exact number, although it said 180 homes which were planned to be finished this year would not be completed before 2017.
A tenant farmer from Somerset has won the right to stay on her farm after appealing an arbitration decision that upheld her landlords’ right to serve a notice to quit.
Council of Mortgage Lenders revises forecast downwards to 1.17m transactions, as tax changes and Brexit uncertainty bite
Royal Institution of Chartered Surveyors predicts growth to be about half that in 2016 – but demand will still outstrip supply
AirBnB is to block hosts in London from renting out homes for more than 90 days a year without official consent.
Under the proposals, hosts renting out entire properties will be notified as they approach the limit and given details of where to seek an extension.
Almost £7m profit has been made by the Welsh Government from properties bought and sold since 2007, new figures show.
Details obtained via a Freedom of Information request showed it made more than £5.7m in profit in just two years on Number 1 Capital Quarter, Cardiff, which was sold in January.
While a total of £2.4m was lost on 12 properties, six property sales raised £9.3m in profit.
The Welsh Government said it reinvested profit into regional economies.
Home prices have risen from 3 to 5 per cent in recen years, depending on market segment. The June referendum in which a majority of Britons voted to leave the European Union has not affected the housing market in Northern Ireland.
The UK government is on track to raise a record amount of tax from property sales, despite a fall in the number of home sales.
Official figures show that £7.7bn has been raised from stamp duty land tax (SDLT) during the first eight months of the 2016-17 financial year.
Local Government Association research finds ownership among the age group has fallen from 46% to 20% in the past two decades
The Crown Estate has pushed the button on plans to build a £100m office and retail block in London’s West End, having put the scheme on hold in the wake of the referendum on EU membership in June.
A MULTI-million pound student accommodation scheme for Lancaster’s iconic Gillows building has been approved.
The Gillows development will comprise 32 studio rooms and a further 66 bedrooms spread across 10 cluster flats.
PLANS have been submitted for a £35m 27-storey residential tower in the centre of Liverpool.
Prospect Capital and Wilcocks & Wilcocks, advised by Indigo Planning have tabled the blueprint for Ovatus, designed by hodder+partners, covering 20,828q ft.
Elliot Group has submitted a planning application for its £250m ‘triple towers’ project on the northern edge of Liverpool’s business district - with the tallest of the buildings reaching 436ft above sea level.
WORK has finished on Addleshaw Goddard's' Sovereign Square Leeds HQ.
The scheme, part of the council's ongoing masterplan for the city centre, was completed by architects Sheppard Rosbon, a joint development between Bruntwood and Kier Properties.
The 92,569 sq ft building adjacent to KPMG's new building has five floors with four retail units at ground level and a basement car park.
Trebor Developments and Seddon Developments’ joint venture is based on a site off Junction 14 of the M6, north of Stafford.
The scheme, Prime Point 14, will see the delivery of two large units, respectively 66,000 and 78,000 sq ft, capable of production (B2) or distribution use (B8).
COUNCILLORS are poised to give the go-ahead to a £40m student accommodation scheme on the fringe of Birmingham city centre.
London has seen the biggest slump in commercial property spending for six years despite the pound’s post-Brexit slump tempting US and Hong Kong bargain-hunters into the market, figures show.
CUSTODIAN REIT, the Leicester-based property investment company, has bought a 34,686sq ft unit on Hanover Street, Liverpool, opposite retail complex Liverpool ONE for £6.4m.
A SCHEME to build 178 new homes on a 12-acre site in Audenshaw, Greater Manchester has been approved.
HOW Planning secured full planning permission on behalf of Taylor Wimpey for the residential development in the Tameside borough.
London's Eaton Square has been named the most expensive place to buy property in Britain, with a home costing an average of nearly £17m.
The Belgravia address tops a list that shows every English region now contains "million pound" streets.
Opt in here