All Market articles – Page 66
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News
More listed housebuilders furlough workers
Bellway, McCarthy Stone and Vistry stand down staff as Barratt confirms majority of 4,300 employees affected
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Redrow furloughs 1,800 staff
Housebuilder says 80% of staff now stood down as it secures £300m government-backed loan
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House sales fall at “fastest ever rate”, says RICS
Surveyors’ monthly survey finds expectations of home sales slumped to their lowest ever level in March
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Four-fifths of UK housebuilding work halted
Analysis by estate agent Savills finds schemes capable of delivering 193,000 homes stopped in wake of covid-19 crisis
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Gleeson looks to raise £16m for post-covid recovery
Firm to issue new shares to pay for acceleration of key worker housebuilding once coronavirus restrictions are lifted
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Unite downgrades value of its 40,000 student homes
Student accomodation developer the first resi property firm to issue downgrade in coronavirus pandemic
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Halifax says house price growth stalled in March
Lender says coronavirus will reduce activity so much that calculating average prices will be challenging
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Housebuilding to fall ‘this year and next’
Estate agent Knight Frank says transactions to fall by 40% and prices by 3% following coronavirus crisis
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Housebuilder shares slide again
Drop in value of major housebuilders follows a resurgence last week
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NHBC suspends new home repair work
Warranty provider will also end site visits to assess claims during coronavirus lockdown
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PRS developer stops work on 3,000-home pipeline
Firm says it is protected from financial impact through fixed-price contracts with builders
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House prices forecast to slump amid 15% fall in GDP
Centre for Economics and Business Research predicts double-digit house price falls and soaring unemployment
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Housebuilders push through ‘virtual sales’ in lockdown
First sales reported without customers visiting sites as government measures halt housing market
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Kier shuts sites and mothballs sale of housing arm
Firm to leave historic headquarters earlier than planned
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Housing starts down 10% in 2019
Latest government figures show starts fell sharply last year prior to coronavirus outbreak
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Mipim 2020 cancelled
Cannes property event previously postponed until June will not now happen until March 2021
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Housing demand fell 40% in run-up to ‘lockdown’
Data from online estate agent Zoopla also shows spike in number of sales falling through
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In Focus
Coronavirus: How are housebuilders responding?
Updated 27.03.20: Firms responsible for building over 85,000 new homes last year are to shut sites
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News
Redrow keeps sites open but abandons dividend
Housebuilder expects sales to be ‘seriously impaired’ by coronavirus
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Call for vacant properties to be opened up for NHS staff
Property professionals should also be classified as key workers, surveyors’ body says