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News Archive - Jul 2007 - Buildstore


Selling a home 'takes longest in London'
Selling a home 'takes longest in London'

Householders looking to avoid spending a long time arranging the sale of their home are unlikely to find any such joy in London, with new research sho...

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Published: 31/07/2007

 
Homeowners pushing for microgeneration grants
Homeowners pushing for microgeneration grants

The Low Carbon Buildings Programme introduced on April 1st 2006 has captured the imagination of homeowners looking to install microgeneration technolo...

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Published: 31/07/2007

 
Average house price 'to more than double in 20 years'
Average house price 'to more than double in 20 years'

The UK will see average house prices more than double by 2025, the Centre for Economic and Business Research (CEBR) has suggested, with prices set to ...

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Published: 31/07/2007

 
Interest rates set to be held
Interest rates set to be held

Interest rates will not be raised to six per cent this month due to economic indicators suggesting that the three rises thus far in 2007 have begun to...

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Published: 31/07/2007

 
Over-50s 'more honest' when selling homes
Over-50s 'more honest' when selling homes

Homeowners aged 50 or over are most likely to tell the truth when selling their home, new research from Saga indicates, with the younger generation fa...

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Published: 30/07/2007

 
Self-build 'can help make home ownership more affordable'
Self-build 'can help make home ownership more affordable'

Self-build properties can help make the goal of owning a home a more realistic target for many, one financial website has suggested. Writing for Mort...

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Published: 30/07/2007

 
Borrowers hold firm in June
Borrowers hold firm in June

Mortgage lending growth in June reached its highest level for three months, the Bank of England has reported in figures which contradict trends repo...

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Published: 30/07/2007

 
London sales 'driving house price growth'
London sales 'driving house price growth'

House price growth was just 0.4 per cent in June, with London prices continuing to shore up the UK market, new figures from the Land Registry show ...

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Published: 30/07/2007

 
House price growth falls
House price growth falls

House price growth slumped in July, according to a new report published by Hometrack. According to the firm''s Monthly National Housing Survey, price...

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Published: 30/07/2007

 
House price growth slowdown confirmed
House price growth slowdown confirmed

House price growth slumped in July, according to a new report published by Hometrack. According to the firm''s Monthly National Housing Survey, price...

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Published: 27/07/2007

 
Housing output set to fall
Housing output set to fall

The provision of new build homes is set to drop this year and next, it has been suggested, contradicting earlier predictions of a rise. Experian has ...

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Published: 27/07/2007

 
Hips Code 'will end false rumours'
Hips Code 'will end false rumours'

A code first launched by the Association of Home Information Pack Providers (AHIPP) in 2006 shows that all suggestions regarding possible loopholes in...

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Published: 27/07/2007

 
Problems mounting for first time buyers
Problems mounting for first time buyers

The latest Graduate First Time Buyer report from Scottish Widows Bank has revealed that the last year has seen a three per cent increase in the number...

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Published: 27/07/2007

 
Hips 'will make energy efficiency a requirement of sale'
Hips 'will make energy efficiency a requirement of sale'

Homeowners could find that improving their properties'' energy efficiency becomes a financial as well as environmental imperative once Home informatio...

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Published: 26/07/2007

 
Shared ownership on the increase
Shared ownership on the increase

More and more prospective buyers are opting to split the cost of buying a home by moving in with a friend, one developer has claimed. More innovative...

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Published: 26/07/2007

 
Remortgaging contributing to record lending figures
Remortgaging contributing to record lending figures

Gross mortgage lending reached record levels last month on the back of high levels of remortgaging, the British Bankers'' Association (BBA) has said...

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Published: 26/07/2007

 
House price growth at 15-month low
House price growth at 15-month low

The average house price rose by just £200 this month as interest rate rises took their toll on price inflation, it has been revealed. Nationwide...

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Published: 26/07/2007

 
Householders cautioned over illegal timber influx
Householders cautioned over illegal timber influx

UK householders have been warned that the timber used to create their garden furniture or even whole fixtures in their homes could have been illegally...

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Published: 25/07/2007

 
More homeowners improving current properties
More homeowners improving current properties

Continually rising house prices has meant that many homeowners are now making additions and adjustments to their own properties rather than moving hom...

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Published: 25/07/2007

 
DIY craze could cost Brits
DIY craze could cost Brits

Britons eager to turn their hand to home improvements could find that such tendencies cost them in the long run, AA Legal Services has advised, with t...

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Published: 25/07/2007

 
Manor houses outperforming mainstream market
Manor houses outperforming mainstream market

Price growth in the manor house market is well above that recorded in the mainstream UK housing market, according to new research. Estate agent Knigh...

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Published: 25/07/2007

 
Homeowner assets boosting household wealth
Homeowner assets boosting household wealth

A significant increase in the value of the UK''s housing assets has helped boost the net worth of the UK by five per cent in just one year, new figure...

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Published: 24/07/2007

 
Government outlines new housing strategies
Government outlines new housing strategies

The government has revealed details of its new housing policies, designed to help combat the increasing number of financial difficulties being experie...

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Published: 24/07/2007

 
Land supply market continuing to strengthen
Land supply market continuing to strengthen

A lack of supply across the country means that those who have already chosen to enter the land investment market have seen prices rise by over 15 pe...

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Published: 24/07/2007

 
Movers set to miss out on HCR benefits
Movers set to miss out on HCR benefits

Home Condition Reports (HCRs), which aim to provide an objective look at the quality of a house on the market that is both more comprehensive than a l...

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Published: 24/07/2007

 
Energy performance certificates 'to cost £130'
Energy performance certificates 'to cost £130'

Energy performance certificates (EPCs) will cost an average of £130 when Home information packs (Hips) come into force next week, it has been sug...

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Published: 23/07/2007

 
Organisations clash over land supply
Organisations clash over land supply

Claims that the government''s plans to increase land supply would not provide much assistance in lowering house prices have been criticised by the H...

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Published: 23/07/2007

 
Buyers put off by poor DIY work
Buyers put off by poor DIY work

Botched DIY efforts are more likely than any other flaw to put off prospective homeowners from making a purchase, new research reveals. Homes featu...

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Published: 23/07/2007

 
Asking price growth slows as interest rates bite
Asking price growth slows as interest rates bite

The average asking price for a UK home rose by just 0.3 per cent in July as recent counter-inflationary measures take hold of the property market, n...

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Published: 23/07/2007

 
14m Britons to take out mortgages by 2010
14m Britons to take out mortgages by 2010

Research from mortgage company mform.co.uk has revealed that almost 14 million Britons intend to take out a mortgage within the next three years, ...

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Published: 20/07/2007

 
Interest rates 'may have peaked'
Interest rates 'may have peaked'

Interest rates may have reached their peak after the Bank of England decided to raise rates to a six-year high of 5.75 per cent earlier this month, it...

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Published: 20/07/2007

 
House price growth 'will be stronger than expected'
House price growth 'will be stronger than expected'

Mortgage provider HBOS has revealed that it now expects house price growth to be stronger than originally estimated. While emphasising that annual ...

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Published: 20/07/2007

 
Affordability problems continuing for first time buyers
Affordability problems continuing for first time buyers

First time buyers are in need of long-term solutions to their affordability problems if the issue is to be overcome, with simple solutions such as min...

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Published: 19/07/2007

 
Confusion reigns over Hip implementation
Confusion reigns over Hip implementation

The House of Lords has called on the government to abandon forthcoming Home information packs (Hips), just a day after the Association of Home Informa...

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Published: 19/07/2007

 
Mortgage lending reaches new high
Mortgage lending reaches new high

The Council of Mortgage Lenders (CML) has revealed that mortgage lending reached a new high last month, with the gross figure now standing at ...

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Published: 19/07/2007

 
Outlook still promising for housing market
Outlook still promising for housing market

Two new market assessments have said that the outlook for the housing market remains strong despite recent interest rate rises and a potential reducti...

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Published: 19/07/2007

 
Governmental reforms 'great news for developers'
Governmental reforms 'great news for developers'

Plans to boost the UK''s housebuilding efforts by 20 per cent over the next 13 years have been hailed by United Trust Bank, which has said that the go...

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Published: 18/07/2007

 
Children 'to help with biggest self-build project of the summer'
Children 'to help with biggest self-build project of the summer'

Schoolchildren in Gloucestershire are to help with the construction of a new school hall as part of an innovative self-build project, it has been reve...

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Published: 18/07/2007

 
Date for further Hips rollout 'should now be set'
Date for further Hips rollout 'should now be set'

The government should announce the date on which homes with three bedrooms or more will qualify for Home information packs (Hips) following the announ...

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Published: 18/07/2007

 
New homes 'should not be built near power lines'
New homes 'should not be built near power lines'

Developers should avoid building new homes within 60 metres of high voltage electricity lines or within 30 metres of lower voltage lines because of ...

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Published: 18/07/2007

 
Construction unearthing hidden treasures
Construction unearthing hidden treasures

The large number of building developments taking place in London has led to a number of valuable archaeological discoveries, it has been revealed. Th...

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Published: 17/07/2007

 
House prices "to level out"
House prices

House prices will level out over the course of the next few years as the industry finally cools from the period of rapid growth currently being expe...

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Published: 17/07/2007

 
CIH research to aid government targets
CIH research to aid government targets

The Chartered Institute of Housing (CIH) has been commissioned to examine land supply issues in preparation for helping deliver affordable housing,...

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Published: 17/07/2007

 
Location still crucial for UK homeowners
Location still crucial for UK homeowners

The location of a property is still the most crucial factor in consumers'' purchasing decisions, a new study has confirmed. Savills'' UK Housing Ma...

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Published: 17/07/2007

 
Skills deficit reaching new highs
Skills deficit reaching new highs

Shortages in construction labour are now at their worst level since 2005, it has been advised, according to the latest quarterly survey. The study fr...

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Published: 16/07/2007

 
Television 'encouraging self builders'
Television 'encouraging self builders'

Television shows have had a "huge" influence on Britons looking to build their own homes themselves, though such programmes can nonetheless ...

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Published: 16/07/2007

 
Shoddy workmen costing homeowners £4bn
Shoddy workmen costing homeowners £4bn

Cowboy builders are costing Britons almost £4 billion a year due to poor working practices and damage caused to properties, it has been suggested...

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Published: 16/07/2007

 
Study unveils homes of the future
Study unveils homes of the future

In 20 years'' time Britons'' homes will be more self-sufficient and more easily adaptable as homeowners look to avoid wasting resources, it has been s...

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Published: 16/07/2007

 
FTBs use parents for DIY jobs
FTBs use parents for DIY jobs

Many first-time buyers (FTBs) are choosing to live close to their parents so that they can help them with their DIY . According to figures from ins...

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Published: 13/07/2007

 
Building material sales on the increase
Building material sales on the increase

Sales of building materials have risen by 6.8 per cent year on year, the latest figures show . The Builders Merchants Foundation has said that the...

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Published: 13/07/2007

 
House price growth bucks recent trends
House price growth bucks recent trends

House prices across the UK rose by 0.7 per cent last month in a departure from recent reports of a market slowdown, it has been revealed. The Financi...

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Published: 13/07/2007

 
London price increases reach record levels
London price increases reach record levels

Both monthly and annual price increases within the housing market in London have reached their highest levels for almost 30 years, according to new re...

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Published: 13/07/2007

 
Call for councils to control planning
Call for councils to control planning

Planning is one of a number of powers that should be devolved to a local level in order to give councils more control over what goes on in their area,...

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Published: 12/07/2007

 
New home starts on the increase
New home starts on the increase

The number of applications to start new homes rose year-on-year in the three months to May, it has been revealed. Statistics from the National House ...

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Published: 12/07/2007

 
Code for Sustainable Homes 'should be made mandatory'
Code for Sustainable Homes 'should be made mandatory'

The Code for Sustainable Homes should be made mandatory for new builds as part of an effort to promote environmentally-friendly building practices, it...

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Published: 12/07/2007

 
House price inflation falls
House price inflation falls

The number of Chartered Surveyors reporting a rise rather than a fall in house prices more than halved in the three months to June, but prices nonethe...

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Published: 12/07/2007

 
PGS could be scrapped
PGS could be scrapped

A controversial tax that would have imposed a levy on profits made by housebuilders could be scrapped, the prime minister has admitted. In his compre...

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Published: 11/07/2007

 
Delayed bill 'could impact on garden space'
Delayed bill 'could impact on garden space'

The postponement of the Land Use Bill could see over 200 acres of garden space being eradicated between now and the time when the bill is eventually...

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Published: 11/07/2007

 
HBF highlights greenfield shortfall
HBF highlights greenfield shortfall

The Home Builders Federation (HBF) has responded positively but cautiously to today''s announcement by prime minister Gordon Brown regarding future su...

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Published: 11/07/2007

 
PM reveals brownfield building plans
PM reveals brownfield building plans

The prime minister has unveiled plans to boost the supply of housing in the UK by building three million homes by 2020, with much of the development ...

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Published: 11/07/2007

 
Government reviews empty property legislation
Government reviews empty property legislation

The government has announced the publication of a consultation examining the implementation of business rates on empty properties, it has been announc...

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Published: 10/07/2007

 
New builds 'to focus more on the environment'
New builds 'to focus more on the environment'

Future house building methods will focus more on environmental issues as Britain comes to terms with more unpredictable weather, it has been suggested...

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Published: 10/07/2007

 
Retail sales 'could lead to further rate rise'
Retail sales 'could lead to further rate rise'

Consumer spending rose by three per cent year-on-year last month, increasing the likelihood that interest rates could rise again in the near future. ...

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Published: 10/07/2007

 
Annual price growth 'masks slowdown'
Annual price growth 'masks slowdown'

Figures showing a further increase in annual price growth in the UK property market in fact mask a slightly weaker rate of growth over the past quar...

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Published: 10/07/2007

 
Shared ownership schemes 'popular across the UK'
Shared ownership schemes 'popular across the UK'

Shared ownership initiatives are gaining in popularity across the UK and are not just commonplace in London, it has been advised. Owning a property ...

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Published: 09/07/2007

 
Nimbys 'must be stopped'
Nimbys 'must be stopped'

Homeowners who object to housing developments being built nearby must be overcome if the UK is to increase its supply of affordable housing, it has be...

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Published: 09/07/2007

 
Property prices lowest in Scotland and Wales
Property prices lowest in Scotland and Wales

Scotland and Wales are home to some of the most affordable housing areas in the UK, a new study has revealed, with average prices frequently coming in...

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Published: 09/07/2007

 
TV shows 'are driving self-build popularity'
TV shows 'are driving self-build popularity'

More and more Britons are showing an interest in self-build housing due to the prominence of TV shows on the sector, new research has suggested. Figu...

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Published: 06/07/2007

 
Brown 'to publish housing green paper'
Brown 'to publish housing green paper'

Gordon Brown is set to publish a housing green paper outlining his plan to tackle problems surrounding the supply of homes, it has been revealed. In...

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Published: 06/07/2007

 
Property prices continue to ease off
Property prices continue to ease off

Property prices continued to ease off in June as the signs of a slowdown became more evident, a new study has revealed. The Chesterton meta-index f...

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Published: 06/07/2007

 
Homeowners 'foregoing dream homes'
Homeowners 'foregoing dream homes'

Homeowners are abandoning their dream homes in favour of simply getting onto the property ladder, new research has revealed. A study from Alliance ...

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Published: 06/07/2007

 
New brownfield recommendations unveiled
New brownfield recommendations unveiled

English Partnerships has published new recommendations for the UK''s brownfield land in an effort to ensure that such areas are no longer neglected,...

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Published: 05/07/2007

 
Welsh planning officials aim to boost rural housing
Welsh planning officials aim to boost rural housing

Planning officials in Wales have held talks with councils in Powys as part of an effort to boost the supply of affordable rural housing in the region,...

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Published: 05/07/2007

 
Land scam firms shut down
Land scam firms shut down

The High Court has ensured that three companies implicated in an investment land scam have been wound up, it has been revealed. The three companies...

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Published: 05/07/2007

 
Bank raises rates to 5.75%
Bank raises rates to 5.75%

The Bank of England has raised interest rates to 5.75 per cent, increasing the pressure on homeowners already struggling with repayments. The fifth b...

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Published: 05/07/2007

 
Householders given rogue builder warning
Householders given rogue builder warning

Householders who look to hire builders to perform DIY tasks could be leaving themselves open to damage to their properties on top of extra costs if ...

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Published: 04/07/2007

 
Over 200 homes 'to be built on greenbelt'
Over 200 homes 'to be built on greenbelt'

A lengthy planning debate has finally been resolved in favour of a firm looking to build on greenbelt land , it has been revealed. The appeal by An...

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Published: 04/07/2007

 
Greenbelt policy should be 'more flexible' says Riba
Greenbelt policy should be 'more flexible' says Riba

The Royal Institute of British Architects (Riba) has said that the government should adapt a more flexible approach to greenbelt land as part of an...

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Published: 04/07/2007

 
House price growth 0.4% in June
House price growth 0.4% in June

House price inflation rose by 0.4 per cent month-on-month in June, it has been revealed, with the annual rate of increase now standing at 10.7 per cen...

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Published: 04/07/2007

 
Green belt land 'should be sold for housing'
Green belt land 'should be sold for housing'

A leading industry figure has said that green belt land should be sold off to housebuilders who would then be able to provide affordable housing t...

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Published: 03/07/2007

 
Construction sector growth hits three year high
Construction sector growth hits three year high

Growth in the construction sector has reached its highest level for over three years as the demand for residential property propels the market forwa...

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Published: 03/07/2007

 
UK 'needs more key worker homes'
UK 'needs more key worker homes'

TUC general secretary Brendan Barber has said that several thousand more homes must be built in the coming years if key workers are to be housed adequ...

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Published: 03/07/2007

 
University 'to offer regeneration qualification'
University 'to offer regeneration qualification'

Coventry University is to offer postgraduate qualifications relating to regeneration in an effort to aid future development projects, it has been re...

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Published: 02/07/2007

 
Peterborough 'far ahead' of brownfield target
Peterborough 'far ahead' of brownfield target

The number of homes being built on brownfield land in Peterborough is exceeding national targets by over 20 per cent, it has been reported. Peterbo...

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Published: 02/07/2007

 
Property price growth eases off in June
Property price growth eases off in June

House price inflation rose by 0.3 per cent in June as the property market showed signs of cooling, it has been revealed. The increase was just half...

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Published: 02/07/2007

 
More Brits moving into property development
More Brits moving into property development

The number of Britons looking to start up a construction-related business venture has risen significantly in the first quarter of 2007, according to n...

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Published: 02/07/2007

 

 
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