Latest News

HIPs roll-out to be delayed – again

The planned roll-out of home information packs (HIPs), which was scheduled for the beginning of June, has been put back to the end of the year as the level of …

HBF urges interest rate cut

The Home Builders Federation is urging the monetary policy committee (MPC) to vote in favour of a cut in the base rate of at least 0.5% at tomorrow’s meeting, …

Consumer sentiment falling – Nationwide

Nationwide\'s latest monthly survey of consumer confidence concludes that sentiment is at its lowest level since May 2004.

RICS urges mortgage lenders to clarify terms

The Royal Institution of Chartered Surveyors (RICS) is calling for mortgage lenders to issue accurate guidance on lending terms and minimum loan-to-value ratio…

Bovis’ outlook gloomy following 30% drop in reservations

The Bovis board has spoken of “sharply deteriorating conditions” in the housing market, in its May 6 trading update. The plc has blamed negative consumer senti…

Bellway and Redrow deny merger talks

Bellway and Redrow have denied rumours that they are discussing a possible merger – a deal which would make the new company the industry’s third largest develo…

Rumours fly over Barratt rights issue

Rumours are flying of a rights issue by Barratt, which has debts of £1.7 billion. The Financial Times (May 7) has also reported on talk of a £400 million cash…

NHBC launches taskforce on customer satisfaction

The NHBC has joined with John Callcutt to launch a new task force to help the industry in its drive to further improve customer service standards.

Industry and Treasury seek solutions to credit squeeze

Construction diploma plans on track