One way or another the Government might get its way and force through the a wave of new planning permissions for housing development, but whether this will translate into ‘new houses for all’ is another matter, says Roger Hayward, Senior Partner and Head of Development at Fenn Wright.
Expert comment on the latest local property news for Essex and Suffolk.
With headlines and new-to-market information for those interested in residential and commercial property, and rural and investment land in the local area.
Confidence rising with encouraging start to year
Fenn Wright managing partner Alan Williams is encouraged by good levels of activity in the first weeks of the year, and by the optimistic view expressed by high street lenders Halifax, who predict ‘broad stability’ continuing throughout 2013.
New build makes the moving easy
Fenn Wright’s New Homes Manager Maria Montgomery foresees no diminution in demand for new homes in 2013, particularly those on small and select sites under construction by reputably local developers.
Funds available for right type of borrower
“It is quite apparent from the positive number of mortgage valuations carried out throughout the year that mortgage funds are available provided the purchaser has a reasonable deposit and satisfactory status,” Andrew Crayston says.
Planning for gain – paying for viability!
The issue of viability is highly topical and a ‘hot potato’ for the construction industry given the Government’s call for increased housing production - and one that could have unexpected future consequences for the land market and the delivery of community infrastructure.
Flexibility is key to commercial letting success
It will come as no surprise that 2012 has been a challenging year in the commercial property sector. However, it has also been very rewarding, providing plenty of opportunities for those prepared to adapt to new trends and market conditions.