German firm buys hotel site for £20m in Central London
AMANO has completed the £20 million purchase of Waterman House in Kingsway Aldwych, which will be developed into its second hotel in the area. The development will transform an office…
Taking Berlin-style hotelling to London
While there’s talk that London is not as attractive as it once was, a German-based firm is making its mark on the capital. PropertyWire talks to Robert Stafler of AMANO…
Guildford facing office shortage – PropertyWire
The shortage of top-quality office space is threatening to stymie Guildford’s growth, according to property consultancy Vail Willians. The West Surrey town has been boosted by town centre regeneration schemes,…
Green construction assessment framework unveiled
The Building Research Establishment (BRE) has launched a fresh assessment method for construction projects, in a bid to help developers make assets more sustainable and resilient. BREEAM New Construction Version…
Labour’s New Towns policy attracts cynical response
While the government’s 12 new towns policy is eye-catching, Labour’s overall housing policy has left the state of the private building sector in a state of uncertainty. Tony Higson, managing…
Mortgage lending fell again in August
Mortgage lending dropped to £4.3 billion in August, the second monthly decline, indicating that the market has quietened throughout the year. Previously net lending stood at £4.5 billion in July,…
Average 2-year fixed rate mortgage finally drops below 5%
The average two-year mortgage rate is at a three-year low at 4.99%, the first time it’s dropped below 5% since Liz Truss’s mini-budget in September 2022, Moneyfacts research shows. Some…
Plans for 334-home neighbourhood in Tamworth
Bellway has submitted plans to create a sustainable new community of around 334 new homes in Tamworth in Staffordshire. The proposals, designed by developer Bellway Strategic Land, are to build…
New Towns locations unveiled by Labour
Some 12 towns have been identified for potential development following a report by the government’s New Towns Taskforce. The recommended locations span England, including areas in Cheshire East, East Devon,…
NHBC urges government to help train up more workers
An industry heavyweight will urge the government to replace the mantra “build, baby, build” with “skill, baby, skill” at the Labour Party Conference on Sunday. New housing secretary Steve Reed…