A Labour MP has warned a major housebuilder that its
proposed joint venture with a London council will involve it in "social
engineering". Andy Slaughter, MP for Hammersmith, has written to developer
Stanhope over its planned deal with Hammersmith and Fulham Council for the
development of luxury flats after the demolition of "hundreds and possibly
thousands" of council homes. In a letter to the firm's CEO, David Camp,
the MP warns that Stanhope risks losing its corporate reputation if it proceeds
with the scheme. Read more in Andy Slaughter’s post on Red Brick.
Average mortgage for UK first-time buyer hits record high of £210,800
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People able to buy homes previously beyond budget, aided by rising wages
and looser affordability tests
First-time buyers are taking out larger mortgages...
10 hours ago

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