British residents will be given the first chance to buy any new homes in London, so long as the asking price is under £350,000. Mayor Sadiq Khan announced the proposal, saying it was only fair that Londoners "get first dibs" on new homes in the capital.
Homes England, the new national housing agency, has been officially launched by Housing Secretary Sajid Javid. Replacing the Homes and Communities Agency, Homes England is to play the major role in helping the government deliver its target of building 300,000 homes every year by the mid-2020s.
A family home in Essex has become the first property in the world to be sold for bitcoin. The four-bedroom property is still under construction, but when complete, its new owners will take possession knowing they haven't parted with a physical penny for their purchase.
Community land trusts (CLTs) are ready to become a radical and popular way to provide affordable homes to local people by linking house prices to local wages. Half of the existing 225 trusts in England and Wales have been formed since 2015. In 2010, there were only 36 CLTs in operation.
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