Latest industry news
Before beginning a building project, check the news to ensure you are up-to-date with the latest regulations. Our housing market news will help ensure you have all the information you need, whether it is about planning, interest rates or house prices.
See the news by clicking on one of the links below.
Interest rate remains at 5%
- from BBC News 7th December 2006
Interest rates in the UK have been kept at 5% after the latest meeting of the Bank of England. The move follows two rate rises in the previous four months.
All new homes to be carbon-neutral
- from The Guardian Unlimited 6th December 2006
In his pre-budget report, Gordon Brown said all homes should be carbon-neutral by 2016. All zero carbon homes will exempt from stamp duty from 2007.
“Planning rules should be simpler” says study
- from BBC news 5th December 2006
The Barker Report says planning rules should be simplified. The report, commissioned by the Treasury, also calls for increased green belt development.
House price growth continues in November
- from www.house-builder.co.uk 1st December 2006
November saw a 1.4% increase in house prices, pushing the annual rise to 9.6%. This is the biggest annual rise in two years.
Upward move for house prices
- from BBC news 16th November 2006
House price growth in 2006 has exceeded most analysts’ expectations. Wales and London lead the way, despite interest rates rising to 5 per cent.
House prices rise with demand
- from Guardian Unlimited 16th November 2006
October saw the fastest rise in house prices for four years. The Royal Institute of Chartered Surveyors (Rics) survey also showed surveyors are confident about future growth in the housing market.
Queen’s Speech flags up planning and environmental reforms
- from www.house-builder.co.uk 15th November 2006
The government plans to introduce changes to the planning system, to make it “more effective, timely and certain” according to the Queen’s Speech. This could have a positive affect on building projects.
UK inflation stays steady at 2.4 per cent
- from BBC News 14th November 2006
Inflation remained at 2.4 per cent in October, despite many economists expecting a rise to 2.6 per cent. Interest rates were raised to 5 per cent, in a bid to hit the official target of 2 per cent.
Interest rates hit 5 per cent
- from www.house-builder.co.uk 9th November 2006
The interest rate rise has elicited a mixed response from the housing industry. While some representatives reacted with disappointment, Linden chief executive Philip Davis said “I do not expect it to have a significant impact on the housing market”.
From house price news to environmental regulations, ensure you are up-to-speed with building project news from Regentsmead.
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