AGP Executive Report
Last update: 9 hours agoHousing Market: Savills says recovery is now unlikely before 2028, forecasting a 1.5% price fall in 2027 before average values rise £56,500 by 2031. Higher mortgage costs and the Middle East conflict are weighing on buyers. Housebuilding: Barratt Redrow reported softer private reservations and fewer completions, though its order book grew slightly and demand from the private rental sector strengthened. Rental Investment: Homes England has committed £70m to Fiera’s single-family rental fund, while a new platform, PropXshares, says it will channel smaller investments into specialist supported housing. Landlords: Budget changes are set to raise tax on property income by four points from 2027, adding pressure for some owners. Affordable Homes: A Plymouth developer wants to drop a commitment to make 27 homes fully affordable, saying housing providers would not take them on.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.