The government’s new First Home scheme will give first time buyers a 30% discount to get on the property ladder.
House prices for new build homes are nearly 30% higher than existing properties in England as developers ignore wider pricing trends.
The government takes action to ban the sale of all new-build properties as leasehold to return fairness for the housing market.
A committee of MPs have called for wide ranging legal reform protecting leaseholders from unfair charges and ground rents.
Prime Minister Theresa May has pledged £2bn of funding for social housing building tens of thousands of new homes.
Mayor of London will restrict overseas buyers and give Londoners and UK-based buyers first dibs to secure new build homes.
The low mortgage rates, high employment and a shortage of homes are helping to keep house prices at their current levels.
Prices of new build properties in England increased over 17% in a year with record loans from the government’s Help to Buy scheme.
Mayor Sadiq Khan has criticised Wandsworth Council for allowing the Battersea development to cut the number of affordable homes.
Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.
Prices of new build properties have reduced by -7% as price inflation has eased and housing market activity is subdued across the country.
The rise in property values for the East of England are leading the market with new-build homes seeing a 32% price increase in the last year.
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