Banner

Thousands of new homes will be built on underused and derelict land to regenerate local areas and help people onto the property ladder, the Department for Levelling Up, Housing and Communities (DLUHC) announced on 12th October.

Almost £58 million from the £75 million Brownfield Land Release Fund (BLRF) has been allocated to 53 councils.

The funding will boost local areas by transforming unloved and disused sites into vibrant communities for people to live and work, with the demolition of unsightly derelict buildings and disused car parks and garages. This will help to protect countryside and green spaces while an extra 5,6000 homes are built on theses sites, supporting young people and families across the country into home ownership.

The funding could also support up to 17,000jobs across the housing and construction sector and the wider economy.

Secretary of State for Levelling Up, Michael Gove said: We are levelling up and backing home ownership in every corner of the country, delivering new high-quality, affordable homes and creating thriving places where people want to live, work and visit. making the most of previously developed land is a government priority and it will help protect our cherished countryside and green spaces.

The allocations include £5 million for self and custom build projects. A further £20 million from the BLRF has also been designated to help accelerate the self and custom build sector, with councils now able to bid for the remaining funding - giving local people the opportunity to build and design their own homes.

The ending of the 'tapered' stamp duty holiday has had little impact on buyer demand which remains higher than typical levels for this time of year.

The demand coming from buyers searching from space and making lifestyle changes after consecutive lockdowns, has further to run.

Balancing this however, will be the ending of government support for the economy via furlough and more challenging economic conditions overall, which we believe will have an impact on market sentiment as we move through the last quarter of 2021.

The market is expected to remain busy compared to historical norms, and for price growth to remain in firmly positive territory at the end of the year, although lower than current levels of +6.1%.

Stock levels will start to rebuild in early 2022 as market activity returns to more normal levels.

Zoopla

Robert Jenrick has been sacked from his post as Housing, Communities and Local Government Secretary.

The 39year old, who was seen as something of a rising star when he first joined the Cabinet and is known to be a Boris Johnson loyalist, has been dogged by various scandals since he took on the role of Housing Secretary - in particular question marks over his links to Tory donors.

The Times has reported various sleaze allegations against Jenrick over the last 18 months, with the biggest controversy concerning a planning decision made, against the advice of planning officers, for a 2 billion, 500-apartment London housing scheme led by Richard Desmond. The move was subsequently ruled as unlawful.

He also faced criticism over his handling of leasehold, cladding and planning reform. Tories have been increasingly concerned, following the shock by-election defeat earlier this year in Amersham and Chesham, a traditional Conservative heartland, of how proposed planning reforms are going down with its voter base.

Tory MPs in Green Belt areas have been left horrified by Jenricks initial plans to create a presumption in favour of development in some areas, as part of the wide-ranging Planning Bill, and it is expected that the plans will be abandoned in light of a backlash from southern voters and MPs

Ministers are set to drop controversial changes to planning laws that would have stripped homeowners of the right to object to new houses in their area.

following a backlash from Tory MP's, reforms to build 300,000 homes a year by 2025 will be diluted, according to The Times. 

In a consultation, the Government suggested ripping up the planning application process and replacing it with a zonal system forcing local councils to meet mandatory building targets. But the overhaul - the biggest shake-up of planning laws for 70 years - met strong opposition in rural areas. Tory MPs blamed it for the party's defeat to the Lib Dems at the Chesham and Amersham by-election in June.

Housing Secretary Robert Jenrick will reportedly ditch mandatory targets and the zonal system. Instead, councils will identify 'growth sites' with a presumption in favour of development so applications are fast-tracked. The Ministry of Housing, Communities and Local Government said: 'We will not comment on speculation. Our response to the consultation will be released in due course.'

The record climb in house prices over the past year is not expected to lapse, according to Halifax. New figures published by the lender on Tuesday showed the average cost of a home hit a record £262,954 in August - a rise of 0.7% from July and 7.1% over the last 12 months.

The rise in prices has continued even as the stamp duty holiday tapered at the end of June. According to Halifax's Russell Galley, the 'structural factors' that have driven the record prices - such as a shortage of available properties and continued demand for extra space - look set to persist. As a result, he said, price gains made since the start of the pandemic 'are unlikely to be reversed'.

Daily Mail

Dartford Business Award

Customer Reviews

  • We are 100% satisfied and cannot recommend Fox Estates strongly enough. The team were extremely professional, friendly, and approachable from the minute we asked for a valuation right until completion. Their knowledge of the local area was spot on and made the difference on the sale of our house. We are grateful to Chris in particular for his attention to detail, responsiveness to emails and a willing pro-activeness to help keep things moving. I would not hesitate in recommending Fox Estates to my friends and family..

  • Chris Fox put my house on the market on June 13th and advised me to have an open house. 26 people viewed the property and I had 6 really good offers. By 3rd of August we had completed!Chris guided me through the sale with professionalism, integrity, friendliness and his extensive knowledge which can only come from spending 35 years doing a job he is still clearly passionate about.

  • Chris is very efficient and professional at all times. He made the sale of our property effortless and acted beyond the call of duty on our behalf.

  • During my career I have come across many estate agents and Chris really is a true professional, with the highest standards of integrity and professionalism I have seen. As well as having referred him to my own clients and had excellent feedback, I have personally used Chris to sell my property and I have been extremely impressed, and would recommend him to everyone.

  • I instructed Chris to sell my house and when he found a buyer the sale went through in just over 6 weeks. His service was excellent and I would recommended him to anyone. A few months later my mum instructed him to sell her house and again he found a buyer and the sale progressed to completion without a problem. Chris is very knowledgeable and professional and he will give you a very helpful, friendly and attentive service. If you are thinking about buying or selling I would suggest you give him a call

  • I employed Chris Fox to sell my parents home when my mother died last year. He handled the sales with professionalism and respect for my family. He was very eager to secure the right sale and was tenacious on our behalf. He kept us fully informed of all developments during the sale and achieved a very good outcome on our behalf. I would recommend Chris Fox wholeheartedly.

  • AFTER 4 MONTHS OF AGGROVATION WITH ANOTHER ESTATE AGENT I APPROACHED CHRIS ABOUT 2 MONTHS BACK, I EXPLAINED THAT I HATED ESTATE AGENTS, CHRIS HAS GONE A LONG WAY TO REPAIRING THAT IMAGE HAVING DONE A SPLENDID JOB IN SELLING MY HOUSE WITHIN 3 DAYS THE WHOLE PROCESS TOOK 6 WEEKS TO THE POINT I HAD MOVED EXCELLENT ATTITUDE AND A TRUE PROFESSIONAL

Read Our Google Reviews