Property media watch – Thursday 19th March

. by James Laurence Estate Agents

Reading time: 1 Minute

Thursday 19th March 2015, Property media watch:

 

 

Today’s local stories in the property world:

 

 

 

Midland Metro route through Digbeth chosen – Birmingham Post

 

“The route of a new Midland Metro tram extension through the heart of Digbeth has been chosen. Transport chiefs have opted to run the trams along High Street Deritend, serving key locations such as the coach station and Custard Factory. The decision by transport co-ordinator Centro and Birmingham City Council follows a public consultation last autumn in which 74 per cent of people voted for the High Street option rather than an alternative route along Fazeley Street.”

 

Planning permission approvals up 12% – Property Reporter

 

“New figures from HBF have shown that permissions in principle for over 195k new homes in England were granted in 2014, a 12% rise on the previous year and 39% up against 2012. The number of permissions for private homes was up 23%. Over the past 18 months, house building activity has increased significantly, with figures released last month showing the number of new homes started in 2014 was up 36% on 2012.  As demand for new homes continues to increase, due to improved consumer confidence and the Help to Buy equity loan scheme, existing sites are getting built out quicker and so builders are looking to get on to more new sites more quickly than before.”

 

Broad welcome for Help To Buy ISA – Estate agent today

 

“The Budget announcement by Chancellor George Osborne largely ignored the business of selling or buying homes – to the relief of many in the industry. After the dramatic announcement to reform Stamp Duty contained in the Autumn Statement in December, some analysts and agents were expecting other measures to be delivered by Osborne in what was his final Budget before the May 7 election”

 

For the latest property news contact one of Birmingham’s leading estate and lettings agent today on 0121 604 4060 or on our website

 

 

The stories above are from various media sources, they do not necessarily reflect the views of James Laurence Sales and Lettings.

 

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