The Birmingham Post has revealed a massive 445,000 homes are to be built in the West Midlands.
Fantastic News in the West Midlands The 445,000 is a substantial increase to the previous target of 365,000 homes. This means that green belt land and other land suitable for housing will be used in the following areas:
[continued]
UK Land Investor News
Fantastic News in the West Midlands
Tuesday, May 5th, 2009
Chancellor to spend 1 billion pounds on housing
Tuesday, April 21st, 2009To boost housing the Chancellor will announce the release of 1 billion pounds package in the forthcoming budget.
Chancellor to spend 1 billion pounds on housing While the details of this cash bonanza are still being finalised, what we do know is the Treasury will use this huge pot of money to:
- build new homes where [continued]
Greenbelt needs to be built on
Monday, March 30th, 2009The housing minister, Margaret Beckett has announced measures to encourage local authorities to build new homes.
The measures include making available more greenbelt sites, and other areas of land which have previously been restricted.
Beckett stated action had to be taken to address the “unsustainable pressures” which are affecting communities.
“All too often the high cost of homes [continued]
430,000 homes planned for East Midlands
Monday, March 30th, 2009East Midlands Regional Plan has stated 430,000 new homes should be built in the area
430,000 homes planned for East Midlands Developments areas have been identified as:
– Nottingham
– Derby
– Leicester
– Northampton
– [continued]
Massive increase in households by 2031
Monday, March 16th, 2009The latest figures from the Government have shown a massive increase in required households compared to previous estimates.
The Office of National Statistics have released report showing a whopping 19% increase in the required number of households in 2031 compared to a report commissioned in 2006. This means the number of households in England is projected [continued]
Government Urged to Build out of Recession
Wednesday, March 11th, 2009A newly formed housing body, the 2020 Group, has demanded the urgent need to build more homes.
With the Government already committed to building an additional 12,500 houses in two years, it is now being recommended to build an additional 100,000 homes.
The 2020 Group has estimated huge job losses in the construction industry and Groups chairwoman [continued]
Brown orders thousands of new homes
Tuesday, February 24th, 2009The biggest order of social housing for decades has seen Gordon Brown demand councils across the UK to start building.
Changes expected within months means rules are to be relaxed to pave the way for more social housing.
The scale of this new building is huge, but the demand is even bigger – currently there are over [continued]
Investors profit from land in 2008
Monday, January 12th, 2009According to Savills, even as the property market has fallen over the past few years, land has achieved a 5 year growth of 135%.
Land which is high quality, in good locations has been driving the price of land upwards
Savills predict a positive outlook
Ian Bailey, head of rural research at Savills was quoted in Property Wire [continued]
Planning Wars, ITV Documentary
Wednesday, January 7th, 2009With the Government determined to build 3 million new homes by 2020 glaring flaws in the planning system are becoming apparent.
This prime time documentary highlighted the overwhelming need for land suitable for housing. This is because:
- The population is booming. In fact it’s growing at its fastest rate for 40 years
- There has been a [continued]
Fundamental shake up of rural planning
Tuesday, January 6th, 2009A recent Government report was fiercely critical of “restrictive” planning policies in the countryside.
As a result of this report’s findings local authorities have been ordered to adopt a ‘relaxed’ approach to the building of new homes in areas where planning permission has traditionally been refused.
The reforms which are to be announced later this month include:
- [continued]
