Newham Approves Plans for 4,000-Home Development in Canning Town

In total, 3,810 homes will be built on a site that is about 10 times bigger than Trafalgar Square and, when completed, could house 10,000 Londoners. Nearly 4,000 homes are planned for the 29-acre former Parcelforce site in Stephenson Street, Canning Town, a half-hour walk from Canary Wharf Tower.…


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The UK is worth £10tn – and more than half of that is from land value

The UK's worth grew by the largest amount on record to reach £9.8tn at the end of last year, boosted by land value, which has grown "more than fivefold" since 1995, according to official data. Land was found to be the UK’s single most valuable asset, making up more than half of the UK’s total net…


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House builders face rising competition for land in the UK

Hundreds of thousands of new homes need to be built in the UK every year but a new research report suggests that house builders are facing rising competition for land. The Government’s desire to see 300,000 new homes a year built in England, a 38% rise from where we are now, will obviously boost…


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£866 million announced to help build 200,000 new homes in England and Wales

The British Government has announced an investment of £866 million to pave the way for the construction up to 200,000 new homes in England and Wales. With the Government committed to building 300,000 homes a year by the mid-2020s, this is the first wave of funding from the £5 billion Housing…


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Why the UK’s £10 trillion price-tag adds to its housing problem

The UK is land rich. More than half of the UK’s value comes from land: £5 trillion. And understanding rising land values helps explain why the UK housing market has seen such strong growth in house prices in recent years. The sums are in and on the open market, the UK would fetch £9.8 trillion.…


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New Merseyrail station for Maghull within sight-Development

Maghull is one step closer to a new railway station, after planning permission was granted for the development. The station will be located just off School lane, between the existing Maghull and Town Green stations on the Ormskirk branch of the Northern Line This station part of a £340 million…


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As UK land value hits 5 trillion pounds, calls for new tax rise

Land is Britain’s most valuable asset, increasing more than fivefold since 1995, the country’s statistics office said on Tuesday, prompting calls to introduce a new tax to curb a soaring housing market driven by rising land prices. Average British house prices have more than doubled in the past two…


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Stamp duty scrapped for first time buyers on property up to £300,000

Stamp Duty will be scrapped immediately for first-time buyers of homes below £300,000. in London and other property hotspots, stamp duty would be axed on the first £300,000 of a purchase price up to £500,000 – a cut of up to £5,000. The big developers have been accused of exercising an iron grip on…


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House prices rise 5% a year in more bad news for would-be buyers

Prices in the City of London, the heart of the capital’s financial district, fell by 5.6% over the year, the biggest fall in the UK apart from Aberdeenshire. While the low oil price has hit communities dependent on the North Sea oil industry, Brexit is believed to have affected prices in the…


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Shortage of homes in England set to reach a million by 2022

Since 2005, there has seen a cumulative shortfall of more than 530,000 new homes in England. The housing market in all corners of England has ground to a halt as people struggle to find a home that fits their needs and their budgets. An increasing number of births, and net migration unlikely to be…


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