Nick Fulford

A senior housing industry figure has claimed Scotland has become a 'no-go zone' for investors. The company owner warns the SNP over housing laws that include rent controls will keep housebuilding in years of stagnation and Labour over its potential capping plans. My Business Week column Article: https://lnkd.in/e7-HTDui #housebuilding #development #newhomes #housingemergency

94

46 Comments

There's a good observation in this FT story from Jason Honeyman, chief executive of housebuilder Bellway. He says people are holding off buying homes because of the noises coming from ministers. The public aren't picking up on the specifics, but on the broader tone. Honeyman says: "Not everyone is familiar with IHT, CGT or NI [inheritance tax, capital gains tax and national insurance]. The noise is that tax rises are on the way. That is what has hit people on the street.” The government is currently tying itself in knots over what constitutes taxes on "working people" as chancellor Rachel Reeves prepares to raise employers' national insurance in the budget in a couple of weeks. That's turned into an argument with the Conservatives and others about the semantics of what was in Labour's manifesto. Yet outside in the real world normal people lead busy lives and most don't read the POLITICO newsletter every morning. The main message coming through is that they're about to be more skint, so no wonder not as many fancy buying a house. There's a whole, far more informed piece on the shortcomings of the government's communications since it came to power in July, something the changes to Keir Starmer's top team are meant to address. Suffice to say, they need to sort it out, and quick. https://on.ft.com/4h3g2ot

10

it seems to come around faster every year, but great to be in the room for the start of Savills 36th (!!) annual #FinancingProperty presentations and to see Mat Oakley update on how things stand for commercial property https://lnkd.in/eU8Kbf8w #CRE #realestateinvestment

7

Our monthly Residential Market Commentary is out now.🏘️ 📈An improving economic outlook is bringing more optimism to the UK housing market. 💡Buyer demand and enquiries increased in July, though house price growth remained subdued. 🔎Explore our full commentary for more insight: https://cushwk.co/4gcM693 #ResidentialRealEstate #Residential #ResidentialMarket

5

Delighted to of had my article picked up and published by BTR News Really does showcase why Leeds is a unique investment opportunity just in time for our new launch #property #wealth #btr #business ##realestate

16

2 Comments

Proud to partner with HomeViews and Rightmove on this report, revealing what residents value most when looking for BTR homes and how the sector can better explain and market the BTR product.   Key questions addressed inside: How do residents search for and find BTR homes? What matters most before moving in – and after? Where do they go after living in BTR? What can we learn from the above to guide more home hunters to BTR?   Download now: https://lnkd.in/dKmHvq-T    #BuildToRent #BTRInsights #BTRResidents

3

1 Comment

  Today, Chancellor Rachel Reeves unveiled her first budget. Whilst the government have rightly increased investment towards housing and infrastructure, it is vital that the government continues to ensure that the United Kingdom remains an attractive country for investors and international businesses. You can read more about the Budget in this article from The Times: https://lnkd.in/ejX-tPYQ   #Budget2024 #EconomicGrowth #RachelReeves #Economy #UKPolicy

9

1 Comment

Read the guidance now and get up to date. If you're a social landlord and want to get informed, this is the master document.

4

Detailed Planning Application for 5 units in Alresford – Winchester City Council - 24/01547/FUL I posted about this application recently, entitled “When NIMBYs are reasonable”.   I was full of hope that a convivial conversation with a neighbour had smoothed the effect of irrational objection – naively pleased with myself that I had diffused rather than defended our application. Fast forward a few weeks and this relatively small application has now received nearly 20 letters of objection, two of which are from ward councillors. Several, I should add, are from residence that are too far to be affected. The very same neighbour has rallied objection and the tide has turned. Some important points; 1.       The Application has been through two rounds of pre-app and is fully policy compliant 2.       None of the statutory consultees have objected 3.       We designed one of the units as a bungalow to purposefully appease the objecting neighbour 4.       The local authority does not have a 5 year land supply. No way near in fact 5.       This is a ‘brownfield development’ – BUILD BROWNFIELD FIRST is on the lips of every politician So here’s the critical point. We have a ‘brownfield’ within settlement planning application that is fully policy compliant, within a local authority that can’t demonstrate a 5 year land supply. Will it be refused by the planning committee in October ? It’s a Liberal Democrat controlled Local Authority who have gained a Liberal Democrat MP from the Conservatives in the last local election. Will that have a bearing ? I get most annoyed when local councillors fight tooth a nail against greenfield applications and exclaim to anyone that will listen, that development should be prioritised on brownfield first and then act to refuse brownfield development. Whilst this is only a small development it makes a big point.  I also please ask that if you have a minute please review our application and write a note of support (you can do it electronically on the councils website) – Winchester City Council, application number 24/01547/FUL – about 72 Jacklyns Lane Alresford SO24 9LJ. Please take a minute to help and repost this to anyone who is interested. Ill update with another post next week.

39

4 Comments

Land: How to buy it, how to sell it, how to develop it. 📈🌱 The UK property landscape is changing – demand for properties is increasing, homes are in short supply and housing targets are not being met. Explore our latest guide, and examine the need to knows and must do’s to help you develop land smartly and effectively to create value, returns and meet the needs of the growing UK population. Download the guide: https://ow.ly/1MAW50RgWbf #land #development #property

11

Are you assisting first-time buyers in navigating the home-buying process? In this episode of our First Home Focus series with Skipton Building Society, we provide valuable insights and tips designed to support first-time buyers. We discuss financial assistance options such as Lifetime ISAs and the First Homes England Scheme and delve into various mortgage choices available. Additionally, we clarify the distinctions between freehold and leasehold properties and address common hidden costs that buyers may overlook. This episode equips property professionals with the knowledge to guide clients effectively and help them gain the confidence needed to take that crucial step onto the property ladder. 🔗 https://bit.ly/3V0peAN #ad #firsthomefocus #skiptonbuildingsociety Skipton Building Society for Intermediaries

20

Our new series ‘First Home Focus’ in collaboration with Move iQ is a great place to start for first time buyers. In this episode, Phil Spencer shares four top-tips that could help first timers onto the property ladder. Click here to watch: https://lnkd.in/ei3Xef3C

4

Any further growth in the UK residential market will likely come in the second half of this year. Emily Williams, director in Savills residential research team, says: “The UK housing market has performed more strongly than many had anticipated this year, with an anticipated rate cut and improving economic outlook creating more capacity for house price growth.” Learn more about the property sectors lenders and investors are most interested in ➡ http://savi.li/6045YmMjD #FinancingProperty #RealEstate

40

1 Comment

Unlock lucrative property development and investment opportunities with DT Living. Our expert solutions are tailored to your goals, ensuring maximum returns while making a positive impact on communities. Partner with us today and transform your investment strategy! 🌐 www.dtliving.co.uk  📧 [email protected]  📍 DT Living Ltd 1 Market Hill Calne, Wiltshire SN11 0BT #dtliving #davidakibu #chrystinachan #propertyinvestor #realestateinvesting #investing #properties #communityliving #investwisely #propertymanagement #investmentsuccess 

1

Unlock lucrative property development and investment opportunities with DT Living. Our expert solutions are tailored to your goals, ensuring maximum returns while making a positive impact on communities. Partner with us today and transform your investment strategy! 🌐 www.dtliving.co.uk  📧 [email protected]  📍 DT Living Ltd 1 Market Hill Calne, Wiltshire SN11 0BT #dtliving #davidakibu #chrystinachan #propertyinvestor #realestateinvesting #investing #properties #communityliving #investwisely #propertymanagement #investmentsuccess 

2