A 20 per cent charge sits on almost every extension, rewire, re-roof, damp repair and loft conversion carried out on the 29 million homes we already have. This is a decision, and it is the most distorting feature of the tax system as it applies to the built environment. The anomaly is simple. Demolish a house and build a new one, and the work is zero-rated, with VAT on inputs recovered in full. Repair, extend or retrofit that same house, and it's taxed at 20 per cent, with th

Andy Burnham has promised Britain's biggest council housebuilding programme since 1945. That is the headline everyone has taken from his first week in office, and it is worth pausing on the word "council," because it points to a shift in who commissions housing in this country, not just how much of it gets built. For most of the last two decades, private housebuilders have set the pace. They chose the sites, ran the programmes, and instructed the consultants. Councils and reg

Homes England's figures for 2025/26 landed last week, and the temptation in Whitehall to call this a turning point will be strong. The agency enabled just over 40,000 completions, its best year since 2020, alongside more than 42,000 starts on site, and it beat two of its three government targets while lifting completions for social rent by 65 per cent, the tenure that matters most to people in greatest need. For an agency that has spent much of the past decade fielding critic

Keir Starmer resigned this morning. Andy Burnham is now the overwhelming favourite to replace him and could be in office within weeks. For those working in development, cost consultancy and investment, it is worth being clear about what that means commercially. Burnham is not anti-development. His record in Greater Manchester is evidence enough: house prices rose 63% over the past decade against London's 7%, and major schemes like Victoria North and Mayfield were delivered on

NatWest's £250m Section 106 loan fund, matched by Homes England, takes the total available for S106 acquisitions to £500m. It is good news for a market that has badly needed it. Around half of England's affordable housing is delivered through the S106 cross-subsidy model. When registered providers stopped buying, whole sites stalled. Private plots sat behind unsold affordable phases, and housebuilders mothballed schemes that were viable on paper but couldn't clear the afforda

Geography has become an excuse in this industry. Firms carve the country up between them as though expertise were a local resource, and everyone calls this discipline when really it is just habit. The result is a market that limits itself for reasons that have nothing to do with the quality of advice on offer. Spending time in Leeds for UKREiiF brought this into focus. It is a brilliant city with real energy, particularly around Kirkgate, and a good reminder that the best wor

I spend a lot of time looking at homes, prices, cost plans, and all the small details that shape how people actually live. At Axo, we work with families, developers, planners, and everyone who has to operate in the real world rather than the textbook version of it. And although there are some well‑known pressures in the housing market, there are also moments of genuine progress that often get lost in the noise. What has become clear over the last year is that the challenge is

Everyone keeps saying UK housebuilders are in trouble. The FT quietly made a more interesting point this week: things don’t need to get “good” for the sector – they just need to stop getting worse. Three reasons why that matters: Planning is finally (slowly) moving.
After a decade of dysfunction, the direction of travel is changing. Mandatory targets are back, green belt flexibility is creeping in, and planning certainty – even marginally – has a big impact on land value and

At Axo, we believe deeply in the power of good housing. A safe well-designed home can create stability, dignity and opportunity. So when we first came across Haig Housing Trust and their mission to support military veterans and their families, it immediately resonated with us. Our relationship with Haig Housing Trust began when we noticed their development in Morden. The quality, purpose and care behind the project stood out, and it encouraged us to learn more about the organ