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There are just two new homes remaining for sale in The Great Hall, part of Weston Homes' Mayfield Grange development in East Sussex, reflecting the popularity of the luxurious countryside development.
The Great Hall, a grade II listed building, features a collection of 11 two bedroom apartments, with prices starting from £555,000.
A lack of land with viable permissions for the construction of new homes, particularly in prime locations, is adding to the housing crisis in England, with property consultancy Savills estimating that the cumulative shortfall of new homes could reach 1.1m by 2016 and 1.7m by 2029, unless the scale of output is increased substantially.
This week's news in brief as featured on our regular fortnightly new homes newsletter...
East Anglian housebuilder Larkfleet Homes is offering to help homebuyers during each stage of purchasing one of its new homes - even if they have yet to sell their existing property. The company's new ‘Back to Back' scheme is similar to part exchange, except Larkfleet does not actually buy the property.
The UK property market, including the new homes sector, is expected to benefit from a £1bn injection of bonus cash early next year, most of which will be invested in prime central London, according to property adviser Savills.
Rising rents and moderately falling prices is making the residential property market increasingly ‘irresistible' for investors, according to property consultancy Savills.
With a growing number of first-time buyers finding it difficult to get a foot on the property ladder, Savills project that property investors will become the dominate buyers, as part of a major ‘structural change', as they cash in on rising rental demand and yields.
Leading UK residential estate agency Savills has revised its predictions for the housing market over the next four years - but crucially, it still believes that house prices are shortly to suffer further falls, albeit with a gradual decline rather than an outright crash.
John Hunter, a highly influential London-based new homes developer, is planning a return to the sector with a £400m development company.
Are you in the market for a new home to buy? Is money no object? If you have indeed got bottomless pockets, then how about acquiring a plot of land at an asking price of £20m on The Bishop's Avenue?
A rare opportunity to buy a site with two planning consents in one of London's most prestigious road, where cheapest home starts from around £3m, has arisen.