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Chancellor George Osborne joins Crest Nicholson at Denby Bank
The Chancellor George Osborne last week took time out of his busy schedule to join housebuilder Crest Nicholson at its Denby Bank development in Ripley, Derbyshire.
The visit formed part of a wider tour of the Midlands being undertaken by the Chancellor following his 2013 Budget announcement last month, and saw the Chancellor, together with local leader Nigel Mills MP, enjoying a tour of the site to see how the latest measures to boost the residential property market are working in practice.
Weekly affordable homes round up
The chancellor George Osborne this week announced plans to provide extra funds to build 15,000 more affordable homes in England by 2015 as part of a series of measures to kick-start the housing market.
“We are taking measures to help people buy their own home,” says George Osborne
More property industry reactions.
The chancellor George Osborne this morning rejected Labour's calls for an economic U-turn, and insisted that his Budget will help fix the UK economy.
He told BBC Breakfast today that there are more difficult decisions to make on spending in order to get the deficit down, but added that "we are taking measures to help people buy their own home".
Budget 2013: Property Industry Reaction
By Marc Da Silva
Chancellor George Osborne today announced new measures to boost mortgage lending in a bid to help more people to buy their own homes.
Fewer housing starts in England last year
Despite the chronic shortage of new homes, there were fewer than 100,000 housing starts in 2012, according to fresh data supplied by the Department for Communities and Local Government.
The figures revealed that there were a total of 98,280 housing starts in 2012, down from 110,720 the previous year.
Private housing starts stood at 79,700, down from 86,880 in 2011, while housing association starts fell from 22,200 in 2011 to 17,130 last year.
Larkfleet boss urges homebuyers to take advantage of government schemes
More homebuyers should seek to take advantage of government schemes which will help them buy a new home, according to Karl Hick, managing director of Larkfleet Homes.
Writing on the EasternNewHomeBuyer blog he says: "When you are looking for a new home to buy you have two options - you either purchase one that has been previously lived in by someone else or you buy a brand new home from a builder.
Disused offices to be converted into new homes
Up to 100,000 much needed new homes could be created across the country under plans to permit housebuilders to turn office blocks into flats.
Under the proposed planning change, developers would be allowed to convert office blocks into residential use without asking councils for consent, in what would amount to a radical change to the English planning system.
Housebuilders need a fresh ‘shot in the arm’
Despite the planning minister's announcement last week that he wants to see more new homes development on Greenfield land in a desperate bid to boost housing supply, more still needs to be done to help housebuilders increase the number of residential properties being developed in this country.
Housebuilders welcome investment in new Scottish homes
Homes for Scotland, the housebuilding industry body north of the border, has welcomed yesterday's announcement by Finance Secretary John Swinney that £205m will be made available to boost construction activity, including more much needed new homes.
Mark Prisk announces funding to speed up delivery of 6,300 new homes
The housing minister, Mark Prisk, today promised to bring forward the development of 6,300 new homes by providing fresh funds to support construction costs.
The MP announced £20m of fresh investment to accelerate the construction of 6,300 homes at the new town of Cranbrook in East Devon during a visit to Cranbrook New Community earlier today.