Developers Slowly Reduce Their Approved Land Banks
Developers are continuing to create substantial land banks of application approved land that could enable the government to achieve their aim of 300,000 new homes per year. Currently, 42% of land that has been granted planning permission in 2018 is being built upon, according to recent data by the Office for National Statistics. Whilst these […]
Younger Generation Pessimistic About Their Property Ownership Chances
As property prices continue to rise in many parts of the UK despite difficult market conditions, many first-time buyers (FTBs) have been forced to reappraise their standards and expectations when it comes to the property they can afford. A recent study of over 2,000 UK prospective home owners aged between 23- and 38-years, carried out […]