UK Land Investor News

Housing infrastructure cash boost in Ashford & South East

Monday, December 15th, 2008

Local authorities who have planned high levels of new housing are to benefit from grants to aid infrastructure
The BBC has reports, “Parts of Kent, West Sussex, Surrey, Hampshire, Berkshire, Buckinghamshire and Oxfordshire will be given grants of up to £18m over the next two years.”
Ashford has now been allocated a massive £15.5 million grant to [continued]

Housing plans in Bishop’s Stortford

Monday, December 1st, 2008

Land in the north of Bishop’s Stortford set for more than 2,700 new homes.
Despite public resistance, Bishop’s Stortford and the surrounding areas have been earmarked over 70,000 homes.
This follows the East of England Regional Assembly (EERA) recently announcing housing plans in Hertfordshire and Essex.
Nigel Clark, the East Herts councillor, was quoted in the Bishop’s Stortford [continued]

Housing Crisis Predicted – BBC News

Tuesday, November 25th, 2008

A massive shortage in house building in the South East of England is causing a massive backlog. A recent BBC News report discusses the problem.
BBC News Currently 127,000 new homes are planned to be built in Essex before 2021 – that’s 6,350 homes each year to meet need of the rising population.
However, as the credit [continued]

More Housing News in the East of England

Monday, November 24th, 2008

The East of England Regional Authority (EERA) has outlined the 25,000 new houses earmarked for Hertfordshire will not be enough.
The authority has now outlined plans for an additional 4,000 homes each year with many expected to be in Hertfordshire.
A public consultation has been earmarked in 2010 after which these plans will be passed into law [continued]

Hertsmere Borough Council looks for land for development

Wednesday, November 19th, 2008

Having been given housing targets described as “strict”, Hertsmere Borough Council is taking the unusual step of now approaching land owners to offer land for development.
This measure is seen by Councilor Hannah David as important in achieving the directives under the East of England plan and as a way of using land for development which [continued]

Devon housing shortage in the spotlight

Tuesday, November 18th, 2008

Devon is suffering from a massive lack of housing stock due to a high level of second home ownership
With house prices flying high in the area and the migration of people from cities the younger generation of Devonians and being forced to leave the county. Current proposals are to introduce new towns in fields in [continued]

Thousands of New Homes set for East of England & New Housing Incentives in Surrey

Tuesday, November 18th, 2008

More than 100 proposals to build new homes have been submitted to the East of England Regional Assembly.
The plans include:
– 16,000 homes near Harlow, Essex
– 12,000 homes at the former RAF Coltishall, Norfolk
– 12,750 homes in Waterbeach, Cambridgeshire
– 2,500 – 5000 homes in [continued]

101 million pounds to incentivise councils to build more housing

Tuesday, November 11th, 2008

Following on from the substantial drop in interest rates the Government is kick starting the building of houses by offering a 101m pound pot of cash.
The fund has been set up to ensure councils build new homes and those which meet set targets will receive a share of the cash.
Housing Minister Margaret Beckett was quoted [continued]

Soaring demand for new housing

Monday, November 10th, 2008

Massive increases in the demand for housing and drops in interest rates signal good times ahead for land investors.
“The number of people waiting for affordable housing in rural areas has increased by more than a third over the past five years – 700,000 people were waiting for a home, 37% more than in 2003“ – [continued]

House building roundup

Monday, November 10th, 2008

Strong planning decisions continue to be made in key areas around Cambridge, Surrey, Norfolk and Coventry.
Norfolk is currently set to build 74,700 homes by 2026 with a target to build a massive 500,000 new homes in the region. However The National Housing and Planning Advice Unit is suggesting Norfolk should increase the numbers of houses [continued]