Estate agent faked demand
A Belfast house builder has been accused of faking a queue outside an estate agent to drum up interest in the development. A PR agency sent out a press released…
Tag: Developers
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Drip feeding the housing market
House builders are drip feeding homes on to the market so they don’t flood the market and cause further price falls industry experts warned yesterday. The practice is ‘widespread’ among…
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Barratt chief calls for more lending from banks
The chief executive of Barratt Developments, Mark Clare has called for banks to increase their lending to help stimulate the depressed housing market. He said it was too early to…
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Improving land management would boost affordable housing
The Chartered Institute of Housing (CIH) has said private developers, local councils and housing associations must work better together to manage land supply more efficiently to boost the supply of…
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Developers see coming improvements in market
Half of all developers are predicting that house prices will stabilise by the end of the year, according to a survey by Smartnewhomes.com. The majority thought the downturn would not…
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House building applications increase
The number of applications to build new homes has risen by 10 per cent in the three months to the end of April 2009. It was the first quarter on…
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Redrow restarts halted sites
Meanwhile, Redrow has returned to work at building sites stalled by the credit crisis. In an interim statement the company said it was encouraged by sales activity since the start…
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Section 106 model ânot workingâ
Section 106 agreements may need scrapping, an inquiry into regeneration has been told. Michael Parkinson, director of the European Institute for Urban Affairs, has warned that developers are unwilling to…
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Royals in ‘sweetheart’ property deals
A Sunday Times investigations has found that members of the royal family have been granted ‘sweetheart’ property deals worth millions. The Crown Estate, which manages £7.3 billion of land and…
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Councils could issue bonds to finance development
The government is in talks with property developers about the introduction of a local authority backed bond scheme aimed to finance stalled regeneration projects. Under the proposals a bond would…