UK 'is building 15% fewer homes than before 2008'

Reports that the UK 'is building 15 per cent fewer homes than it was in the five years before the downturn in 2008' feature in today's newspaper round-up.

A new report by property firm Carter Jonas "has laid bare the disjointed residential construction industry", the Telegraph reports. The newspaper says that the shortfall in the delivery of new homes means that "new build homes are valued at an average of 30 per cent more than second-hand stock, which is the greatest disparity in 14 years".

London’s new "night tsar" Amy Lamé is interviewed in the Guardian. Lamé says it is a "hope" that "agent of change" measures to ensure that if property developers build near clubs or venues, it is their responsibility to make sure the sound-proofing is sufficient, will be introduced "in a few years".

The "squeeze by the government on homeowners and business premises means Britain has the highest property taxes in the developed world", the Telegraph reports. The newspaper says that "analysis by the Organisation for Economic Co-operation and Development (OECD) shows property taxes accounted for 12.7 per cent of the total tax burden in 2014, the latest year for which data are available. This is up 0.3 percentage points compared with 2013 and is more than a percentage point higher than in 2011."

Solsbury Hill in Somerset "has been slowly disappearing from view behind a leylandii hedge that has grown 50ft in 15 years", the Times (subscription required) reports. The newspaper says that Betty Kelley "chose her hilltop bungalow in Bathampton for the views of the idyllic countryside and the hill, but can now see only the hedge planted by Valerie Vivian, 70, on a piece of land she owns". Mrs Kelley "believes that her neighbour planted the trees in revenge after failing six times to get planning permission to build four houses on the land when neighbours objected", the newspaper adds.


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