AGP Executive Report
Last update: 6 hours agoAffordable Housing: Link Group has completed 22 social-rent homes at Glamis Place in Gartcosh, North Lanarkshire, including homes for families moving from temporary accommodation. Market Outlook: Savills says the UK housing recovery could be delayed until 2028 as mortgage costs weigh on buyers; annual rental inflation held at 5% in October. First-Time Buyers: Price caps have been revealed for England’s Your First Home scheme, while a Bolton offer is promoting new-build homes with deposits from 2.5%. Commercial Property: Investors Barwood Capital and Caisson iO bought Redditch’s 51,894-square-foot Trafford Park Industrial Estate, with plans to refurbish vacant space and improve energy efficiency. Construction: Northern Ireland workloads continued to fall in the third quarter, but the decline eased; infrastructure and public works were the only areas reporting growth. Rural Estates: The Duchy of Cornwall is reviewing valuations after tenants raised concerns over its proposed sale of 3,000 acres, with residents offered support and the option to buy or relocate.
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