On this week’s Property News Radio Rob is back and is joined by Andy from RMP Property. We’re taking a look at councils’ demand for half a million new homes, Taylor Wimpey’s delight at profit margins, some cut price London mansions, and our quirky news piece looks at beach huts that are outperforming the London property market!
This week’s news
As a country, we need more new homes to be built and the Local Government Association is now calling for some quite specific measures to help with the shortage. An interesting piece and good to see some practical solutions being offered.
Taylor Wimpey has reported a stronger than expected start to the first half of 2014. They say the main driver has been the Help to Buy scheme. It is interesting to see the impact of the scheme on housebuilders.
Mega mansions across London are being offered at discounted prices, with one property now on the market at £30 million less than it was just a year ago. Time to grab yourself a bargain?
It turns out that beach huts are actually a great investment! In the last few years one Dorset beach hut has outperformed house price growth in prime central London. Crazy? Perhaps!
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