Rain

Rain

max temp: 20°C

min temp: 14°C

ESTD 1874 Search

Housebuilders report steady trade

16:34 12 November 2012

Demand for new build homes holds steady

Demand for new build homes holds steady

DEMAND for new build homes is holding steady amid help from various government schemes, some of the UK’s largest housebuilders said yesterday.

shares

Redrow and Taylor Wimpey told the City that while access to mortgage finance was still restricted, initiatives such as NewBuy, which underwrites 95% mortgages with participating lenders, had helped confidence.

Bovis Homes said prices were broadly stable, and generally stronger in the south of England.

As well as New Buy, Redrow chairman Steve Morgan pointed to the impact of the FirstBuy scheme, which helps low income buyers with an equity loan and said numbers would be “considerably lower” without this.

shares

0 comments

The Regal Theatre.

A Suffolk town’s theatre has announced record admission figures for the first four months of the financial year.

Dhilip Ravichandran in hospital following the collision.

A west Suffolk business is leading a campaign to raise thousands of pounds for urgent medical care for a colleague on the other side of the world whose life is in the balance following a hit and run collision.

Ryanair and Aer Lingus aircraft  at Dublin airport.

Budget carrier Ryanair said today it has become the first airline to fly more than 10million international passengers in a month, as its customer service overhaul continued to boost business.

Frederico Santa-Barbara of Jacobsen and Neil Cleverly, superintendent of the Rio Olympic Golf Course, with a selection of equipment supplied by Jacobsen for the course ahead of the 2016 Olympic Games.

Two machines built at the Ipswich factory of turf maintenance equipment company Ransomes Jacobsen have been delivered to the Rio Olympic Golf Course in Brazil.

Adnams chairman Jonathan Adnams outside the company's brewery and distillery complex in Southwold.

Southwold-based Adnams today reported a 12% increase in first half profits to £962,000, with one-off gains on the sale of three pubs offsetting a dip in revenues.

The Treasury has sold the first tranche of shares from the taxpayer-owned stake in the Royal Bank of Scotland Group.

The Treasury has sold the first tranche of shares in Royal Bank of Scotland for £2.1billion, but the taxpayer has made a loss of around £1bn on the sale.

Natasha Davies, Tom Holloway, Ollie Prescott, Rachel Wilby and Omar Khattab, the five new appointments at Cloud Media Insight.

Ipswich-based media monitoring and analysis firm Cloud Media Insight has appointed five new executives.

Stansted Airport, part of the Manchester Airports Group.

Independent management, design and construction consultancy Pick Everard is set to expand into the aviation sector.

The new branding for Tarmac following its acquisition by CRH.

Iconic contruction brands Tarmac and Blue Circle have been combined to create a UK leader in the building materials sector.

Millions have been paid to passengers since 2012

There was a £900,000 increase in the amount paid to delayed passengers in just one year – from £1.4m in 2013/14 to £2.3m in 2014/15.

Most read

Most commented

Topic pages