Landlords could see changes to the UK's new homes market if the Conservative Party is elected next year, says Dino Wilson, editor at tailoredhome.net.

He claimed that current government housing targets would be abolished and planning powers could be handed to local councils under a Tory government.

The potential further reduction in housing output would boost the "housing shortage crisis"and would "almost certainly have an enormous impact", said Mr Wilson.

Landlords discovered that there had been 24,896 applications to build new UK homes between August and October this year, according to a November report from the National House Building Council (NHBC).

This sum is 27 per cent more than during the same period in 2008.

Mr Wilson predicts a three per cent increase in the price of new homes in London and the south-east for 2010.

An increasing residential demand resulting from improving housing market conditions and a lack of available land to build on has led to this forecast, he said.

In November it was revealed that seasonally adjusted private enterprise housing starts had increased by 21 per cent since the second quarter of 2009, according to Communities and Local Government.

Written by Claire DoyleADNFCR-2002-ID-19499277-ADNFCR

Related posts:

  1. Government ‘should do more for the housing market’
  2. Property prices increase again, says Nationwide
  3. Rents ‘beginning to stabilise’
  4. Rental sector sees increase while buyers remain ‘scarce’
  5. Council looks to private landlords for housing solution

Leave a Reply

You must be logged in to post a comment.

HOME