Tag: Housebuilders
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Competition watchdog secures £100m from housebuilders following probe
The Competition and Markets Authority (CMA) has accepted binding commitments from seven major UK housebuilders, bringing an end to an investigation into suspected collusion in the housing market. The companies – Barratt Redrow, Bellway, Berkeley, Bloor, Persimmon, Taylor Wimpey and Vistry – have collectively agreed to pay £100m to support affordable housing programmes across the…
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Golden thread and Part L driving housebuilders’ technology adoption
“It was particularly useful to find out what the perceived barriers were to successfully managing an accurate audit trail, with culture, supply chain collaboration and technology three of the top obstacles. It’s clear that more needs to be done to encourage businesses to adopt digital workflows, enabling them to document and demonstrate a clear golden…
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Are big housebuilders blocking self-builders from the market?
The UK’s biggest housebuilders are under scrutiny as the Competition and Markets Authority investigates possible anti-competitive behaviour. The probe, now extended until August 2025, is looking into whether firms shared sensitive information that may have delayed developments and affected prices of new homes. While no formal conclusions have been reached, the inquiry raises concerns about…
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Starmer’s crackdown on housebuilders sparks debate
Prime Minister Keir Starmer has sent a clear warning to housebuilders: “If you promise homes, you have to build them.” Backed by Deputy Prime Minister Angela Rayner, Labour’s new housing policy introduces tough penalties for developers who delay construction – including potential land seizures, public reporting requirements and thousands of pounds in “delayed homes” fines.…
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Housebuilders will have to set delivery timeframes under new government plans
The government said that the proposed Delayed Homes Penalty, which would be worth “thousands per unbuilt home”, would be a last resort measure for local authorities where a developer has agreed a build-out schedule in their planning permission, but falls materially (10% or more) behind it without a good reason. View the original article and…
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Competition watchdog extends investigation into housebuilders
The Competition and Markets Authority (CMA) is extending its ongoing investigation into suspected breaches of competition law by seven major housebuilders. The CMA launched a probe last February following concerns that the companies may have exchanged competitively sensitive information with other housebuilders, which could be influencing the build-out of sites and the prices of new…