Impacts

Impacts

Savills second edition of impacts has arrived


Savills have released their second edition of Impacts, Savills global thought leadership publication and research programme.

This year's theme is ‘disruption’ looking at how widespread economic, political, demographic and technological upheaval is already changing the world of real estate, and what the coming decades hold.

How is the rise in populist politics affecting cross-border investment? Which cities will be the most resilient to change in the coming decades? How is technology driving the repurposing of retail assets and the rise of new leisure concepts? Where will our food come from? What are the forces disrupting the world’s prime residential markets?

Impacts seeks to answer these questions, and more, giving you an international perspective on the risks and opportunities in global real estate.

To Read the full article please click HERE

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Brexit uncertainty?

Brexit uncertainty?

Is the political conundrum of brexit still effecting the UK housing market.

In April 2019 the average asking price for a house in the UK increased by 1.1% which was the highest increase of asking prices since March 2018. 

House sellers and buyers have seemed to become " Bored of Brexit" not allowing it to fruther put their lives on hold anymore. Although house prices have seen a slight increase , new properties and number of sales agreed are all below this time last year. 

Miles Shipside , Rightmove director, said: 
“The rise in new-seller asking prices reflects growing activity as the market builds momentum, egged on by the arrival of Easter.
“Some sectors of the market and some parts of the country have strong buyer demand and a lack of suitable supply.
“However, on average, properties are still coming to the market at slightly lower prices than a year ago.
“It’s one of the most price-sensitive markets that we’ve seen for years, with buyers understandably looking for value or for homes with extra quality and appeal that suit their needs.”

Mr Shipside also said the Brexit extension could also now give hesitating home-movers encouragement “that there is now a window of relative certainty in uncertain times”.

Could the small window of certainty give hombuyers the confidence they need to move, hopefully giving momentum to the market for the foreseeable future.





For enquiries please get in contact.

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ukland Q1 update

ukland.com Q1 update

Bright or Dark future for the housing market?

Due to the Brexit fiasco and uncertainty on the delivery of the 2016 referendum, Q1 of 2019 has seen a low point in terms of acquisitions for ukland.com as attentions have been focused on rapidly progressing planning on current projects. Two projects offering a combined 90 units in Bedfordshire have recently been submitted in full detail to the local planning authority and are expected to have a decision in Q2 of 2019. 

2019 has already been a fantastic year for ukland.com regardless of the dark shadow cast over the housing market in 2018 and are expected to increase acquisitions over the next 6 months. ukland.com is set for a completion on 1 project worth £15.1 million pounds in Q2 2019 to Linden Homes PLC after having permission granted for 161 dwellings in November 2018. By Q3 of 2019 ukland.com are expecting to reach sales of £21 million pounds which will greatly increase expectations for 2020.

ukland.com is actively searching for land and property with potential development and always welcomes land and property agents to join the team. If you are an agent with good connections to land owners then please get in touch.

For enquiries please get in contact.

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Housing Market Update

2019 Housing Market

The only certainty about the London housing market, it seems, is that the first three months of this year are going to be bleak. 

Property industry experts are forecasting a muted first quarter in the build-up to Britain's official withdrawal from the European Union at midnight on March 29 as vendors hold back, hoping to achieve a higher price later in the year after Brexit chaos has subsided. 

Robert Butterworth, head of research at estate agents Jackson-Stops London, agrees: “At present, a significant amount of buyers and sellers in London are holding off on making decisions before firm agreements have been made. We expect to see transactions increase unless the Brexit deal is particularly bad, as it is often economic and political stability that guides both sale and purchase decisions for clients - particularly in the central London market.”

WHAT WILL HAPPEN TO HOUSE PRICES?

New figures from the Office for National Statistics show a steady decline in annual growth rate month-on-month over the last two years. Although the data has a six-week lag it’s widely considered to be the most accurate of the indices. 

House prices increased in the year to October 2016 but gradually inflation has slowed and hit negative territory. Prices fell -0.31 in the 12 months to October 2018, giving an average house price in the capital of £473,609.

December Rightmove data shows a drop in asking prices which could translate into actual falls in the annual growth rate in the run-up to March. Henry Pryor predicts a four per cent fall in London house prices in 2019. Savills forecasts a two per cent drop, as does Strutt & Parker. 

To read the full article by HomesandProperty.co.uk click Here

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2019 News

Coming soon!

UK Land are on course to achieve planning for 1000+ units.

in 2019 ukand are projected to achieve planning for over 1000 units  on current acquired land around the UK by working in partnership with multiple large PLC house builders who will be delivering the projects.  ukland have previously been commended by local councils for their business ethics and values by always wanting to deliver the vison of local authorities and communities when designing large development and commerical schemes. 

Keep posted to find out the latest on these projects that are currently under negotiation that will be huge developments in key areas in the UK. Once acquired these projects are set to catapult UK Land's project GDV to over £1 Billion making UK Land one of the fastest growing land development business's in the south of the UK.

 
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Housing Market 2019

Housing Market 2019

Expectations of the 2019 housing market.

When it comes to 2019 there is great fear of what is to come of the housing market due to Brexit fears, or is it just a myth,. According to Zoopla's "State of the Property Nation Report" consumer confidence in house prices is up from 44% in 2016. Estate agents are less optimistic with just 33% predicting property price increases. 

Consumers in East Angila are the most confident with 60% expecting house price rises while the lowest is Wales with just 46% expecting price increases in 2019. Although the market has felt a 7-8% drop in certain areas Brexit negotiations will have most certainly had a big part to play. This is expected to only be short term as consumers are staying confident in the Uk's housing market. 

To read the full article please click Here

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Planning Victory!

Planning victory!

Planning consent granted on ukland.com 161 units scheme in Stotfold

On Wednesday 7th November Councillors approved the application for 161 units with 11 votes in favour and 1 abstention at the Central Bedfordshire Council office in Chicksands. The scheme which was recommended for approval by the planning officer was well received by the councillors commending the high level of detail and design that went into the application. 

Linden Homes of Galliford Try Plc who have purchased the land from ukland.com are expected to start delivering the site early 2019 and are expected to release the first properties during the third quarter of 2019. 

ukland.com would like to praise all involved in the project and look forward to delivering more high quality homes for the UK in 2019 and beyond.


If you would like to know more about this project please get in contact.

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New changes to NPPF

Revised "National planning policy framwork"

The final version of the revised National Planning Policy Framework (NPPF) was published on 24 July 2018

Much has changed in the make-up of Government in the four months since the consultation started (not least, the Housing Secretary and Housing Minister); however, and notwithstanding the huge amount of responses received (almost 30,000), changes made to the final version of the revised NPPF focus on clarifications and re-wording, with very few more significant amendments.

Lichfields published their blog on the latest NPPF changes and highlight eleven changes to the policy that they believe should be kept in mind.


Head on over to Lichfields blog to discover the full information https://lichfields.uk/blog/2018/july/25/revised-nppf-a-new-beginning-at-the-end-of-a-long-path/

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The UK land market

Market in Minutes

Published by Savills

The value of land continues to increase in the Midlands and Scotland. Housing associations are looking to develop more homes, while house builders are becoming more active in the Midlands
 

  • The Midlands and Scotland continue to lead greenfield land value growth this quarter where house price growth is strongest. Development land values in the East, West and Scotland increased by 1.6%, 0.9% and 2.0% respectively in Q2 2018. More housebuilders are now active in the Midlands.
  • The supply of permissioned land is increasing, suppressing land value growth. In 2017, 391,000 homes were granted planning permission in Britain, up 21% on 2016. UK greenfield land values increased by 0.8% in Q2 2018. UK urban land values stayed constant, having increased by 4% in Q1 2018.
  • Housing associations are taking a more active role in housebuilding. The top 50 housing associations expect to deliver 250,000 homes during the next five years, increasing output by 50%. To do this, they will need to secure 138,000 more plots.
  • Homes England plans to dispose of 127 residential sites during the next year. Of these, 29% have outline or detailed planning consent, while 30% are not yet allocated or proposed to be allocated in a Local Plan. Releasing these sites is expected to speed up delivery, in line with government targets.
  • According to the Letwin Review, a greater variety of types and tenures of homes are needed to increase delivery rates. This means delivering more affordable homes and those for rent as well as for sale. The strategic partnership deals between Homes England and housing associations are a positive step towards achieving this.

Savills research found that Housing associations are now competing for land more than ever. The top 50 associations expect to deliver 53,000 homes per year up from 35,000 and will need to secure 138,000 plots to acheive this over the next 5 years.

In its Land Development and Disposal Plan, Homes England has listed the sites it intends to bring to the market in the next year. Of these, 127 of the 221 sites are suitable for residential development. Some 29% of these sites have outline or detailed planning permission, 30% are not yet allocated or proposed to be allocated in a Local Plan.


To Read the full article please head on over to http://www.savills.co.uk/research_articles/229130/249270-0?utm_source=ExactTarget&utm_medium=Email&utm_term=5091774&utm_content=6835604&utm_campaign=MiM+-+Development+Land
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Uk land exchange with Linden Homes

Exchange with Linden Homes

Linden homes Exchange with ukland.com on land in a town in Bedfordshire with scope for 161 residential units.

As of Monday 9th of April Liden homes complete their exchange with Uk land to acquire 12.6 acres in Bedfordshire. Linden homes are set to submit a planning application for 161 units in the imminent future and hope to have a decision within 13 weeks.

Uk land have worked very close with linden homes and other professionals to create a residential development that is viable, deliverable and elegant in design. From Negotiations to exchange Linden Homes have remained professional and consistent in communication making this a great project to be a part of and UK land looks forward to future projects with Linden Homes.

CEO Kevin Heaney has been much involved in the project, working with Nick Laugharne a Land Director and Oliver Myrants-Wilson a Senior Land Manager at Linden Homes, Kevin said " Nick and Ollie have been great to work with and UK Land is very proud to be involved with this project which i believe is a great addition to the area." ​

For enquiries please get in contact.

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Housing market starts to feel the chill

Housing market starts to feel the chill



The guardian report on housing market starting to slow showing lowest figures since 2013.

It was an announcement homebuyers and sellers barely needed to be told – Britain’s property market is going through its flattest period in the last five years. A report from the Royal Institution of Chartered Surveyors (Rics) found that demand from buyers, and new instructions from sellers, were down again, the lowest figures since 2013.

Last month, research from estate agency chain Your Move found house prices in parts of London – once at the centre of the UK property boom – have fallen as much as 15% over the past year. At the end of 2017, Rics predicted that there would be a drop in prices in the capital and the south-east as the cautious mood of last year continues. “Brexit is having a marked effect on sales and prices, reducing both by up to 10%,” said one surveyor.

What now for the market

For those who want to sell their home, there are ways to improve their position.

The first step is to ensure that estate agents are doing their jobs properly, says Paula Higgins, chief executive of the campaign group HomeOwners Alliance. Simple moves to make the home more attractive to a buyer can make the difference, says David Blake from Which? mortgage advisers. “It makes sense to try and get your property into a condition where someone viewing it wants to buy it. That might mean investing a bit of money.”.....

To read the full article by The guardian please click Here


 




 

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National Planning Policy Framework
 

 

The Ministry of Housing, Communities and Local Government (MHCLG) has produced the long awaited consultation draft of the National Planning Policy Framework (NPPF).
 

The document is restructured with the format reflecting the development process starting with guidance on the Local Plan process, thereby emphasising the importance of a plan led system. The document moves on to decision making, with emphasis on the benefits of pre-application engagement.

Paragraph 72 raises the potential for development of exception sites to provide entry level homes for first time buyers where a local need is identified.The importance of new settlements is emphasised in paragraph 73 in terms of providing large numbers of new homes.

A new Housing Delivery Test is introduced in paragraph 75 to measure each Local Planning Authority's (LPA) performance in delivering new houses, thereby driving up the construction of housing. In addition, paragraph 78 makes reference to LPAs having the option of imposing a condition requiring that the development commences earlier than the default three years. This option already exists but this is likely to become more regularly used.

A new standard method for calculating local housing need is included in the draft, together with the requirement that at least 10% of homes on major developments should be available for affordable home ownership.

To read the full article please click here

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Goverment clamp down on local councils

 

'Nimby' councils which fail to build enough new homes will lose planning powers

Housing Secretary Sajid Javid warned local authorities he would be "breathing down your neck every day and night" to ensure home-building targets are met.

An overhaul of planning laws will see the creation of new rules to give councils targets for how many homes they should build each year.

They will take into account local house prices, wages and the number of "key workers" such as nurses, teachers and police officers in the area.

Higher targets will be set for areas with higher "unaffordability ratios", Mr Javid told the Sunday Times.

If councils fail to deliver on the target they will be stripped of planning powers, with independent inspectors taking over...


To read full article please click here.

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UK Land website
Welcome to our new website!

UK Land is incredibly proud and excited to announce the launch of our brand new website. We have spent time perfecting our information on the website and tailoring it to help inform you about our services and how we can help you. As you browse through the website please note the contact page and do get in touch if you feel that we can help you.
 
The website was designed and created for us by Fluid Studios in Hertfordshire. Find them here www.fluidstudiosltd.com.
 
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