Latest News
Approvals for office to residential conversions jump by almost a quarter
The number of approvals to convert office blocks into homes increased last year, new figures have revealed, reversing a six-year trend of declining activity. The total number of office buildings approved for conversion to residential housing increased by 24% last year...
After another sharp increase, UK house price growth is expected to slow later this year
The average UK house price rose again in April, up by 1.1%, or £3,078, in the month. This was the 10th consecutive month that property values have increased, the longest run of continuous gains since the end of 2016, according to the Halifax House Price Index. After...
Investment in UK build-to-rent surges by 50%
Build-to-rent investment deals worth £1.7b were made in the UK in the first quarter of 2022 according to consultancy firm, JLL. Housing Today reported that: “Investors ploughed more than 50% extra into built-to-rent schemes in the first quarter of this year compared...
New report says planning reform is key to tackling the nation’s housing shortage
The House of Lords Built Environment Committee says planning reform is necessary to address the nationwide housing shortage. In January, the committee published its report, ‘Meeting housing demand.’ The report concluded that the government must address barriers to...
A major regeneration scheme in Northern Ireland gets the green light
Since launching with one office and a small team in Warrington in 2015, Advantage has grown rapidly, providing structural warranty cover for projects throughout the UK, and the company’s directors are currently investing in their ongoing expansion in Northern Ireland....
Housebuilding outlook boosted as planning approvals rise by 8%
Planning consents have surged this year, surpassing pre-pandemic levels, according to new data. Manchester-based property investment company, BuyAssociation, said: “Supply chain issues and rising construction costs were just some of the issues striking the...
Impact investor and pension firm set to allocate almost £200m to affordable housing
As UK house prices continue to rise, the question of how to create sufficient affordable housing is voiced continuously within the property sector and beyond. Advantage has looked at why there’s currently a shortage of homes available to buy and at some of the steps...
New home registrations surged by 25% and new completions were up by 21% in 2021
There were 153,339 new home registrations in 2021, a 25% increase on 2020. Figures from the National House Building Council show that compared to the eight-year-low seen in 2020, where registrations fell to 122,935, the sector experienced a significant rebound as it...
Investment in housing for older people rises at a record-breaking rate
Institutional investors spent £1.4bn in the UK seniors housing market last year, according to the latest analysis from Knight Frank. Back in 2020, Advantage wrote about how demand for retirement communities was growing and the latest data reflects the significance,...
