
The British Property Federation welcomes new UK Housing Minister Grant Shapps
The property industry will judge the new UK coalition Government on how successfully it fixes our economy and gets the housing market moving again
Prices have increased in London and the southeast, yet supply in the housing market remains weak, Oliver Gilmartin RICS Senior Economist, tells CNBC
Overall UK construction activity contracted for the 7th consecutive quarter in 2010 Q1
World-famous chef Michel Roux Jr.‘s new restaurant at Parliament Square opens today
We do not expect the announcement of a hung parliament to adversely impact UK property market confidence in the first instance
Despite fears over the impact of the impending election, the UK housing market remains active
UK mortgage lending slowed sharply in March compared to February, according to Bank of England figures
Although the UK economy grew 0.2% for Q1 of 2010, the construction industry continues to remain in recession
Visa rules must be relaxed to encourage greater foreign investment in Dubai, says CEO of a Dubai property group
The UK Government has announced plans to help ‘green’ existing homes
The Warm Homes, Greener Homes strategy aims to cut carbon emissions from UK homes by 29% by 2020, and will be implemented in three stages:
– to insulate 6m homes by the end of 2011
– to have insulated all practical lofts and cavity walls by 2015
– to have offered up to 7m eco upgrades by 2020 as well fitting all homes with smart meters.
New legislation will also allow new ‘pay as you save’ green loans to be tied to a property. This will avoid the up-front cost of eco upgrades and instead add a charge to the home’s energy bill.
“The Warm Homes, Greener Homes strategy will remove the deterrent of upfront costs and reduce the hassle of the move to greener living,” said Energy and Climate Change Secretary Ed Miliband.
“Making homes more energy efficient will help protect people from upward pressure on bills, tackle climate change, and make us less reliant on imported energy.”
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