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Construction supply chain set to revive

Development Financing News:- Builders merchants are being urged to support the construction industry supply chain by their own trade body with the publication of new branch operating guidelines during the covid-19 restrictions. Builders Merchants Federation, BMF chief executive John Newcomb said it was important to help the sector as more building sites start to re-open. “We have worked with the industry to develop a new operating model to minimise the risk of virus transmission. The new model centres around trade [...]

By |2021-11-13T09:22:14+00:00April 20, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Former biscuit factory to offer more than 1,500 new London homes

Bridging Loans News:- The £500m redevelopment of Bermondsey’s former biscuit factory and campus in Southwark to offer 1,548 new homes has been approved by the Greater London Assembly, GLA. The decision overturns Southwark council’s rejection of developers Grosvenor Britain & Ireland’s scheme last year because it offered insufficient social housing. Architects KPF and Cottrell & Vermeulen’s re-worked application comprises buildings of five to 35 storeys with rooftop gardens. The GLA approved the scheme because the new application had increased the [...]

By |2021-11-13T11:00:34+00:00February 24, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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UK House prices show annual rise for August

Commercial Loans News:- UK house prices showed a year-on-year increase of 1.3 per cent for August, according to the latest HM Land Registry figures. Wales recorded the largest annual house price rise of 4.5 per cent taking the average property value to £168,318. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s In England, the North East experienced the best annual increase of 3.3 per cent while London saw prices drop by 1.4 per cent, followed by the South East where prices fell by 0.6 per cent. Scotland experienced [...]

By |2021-11-13T10:57:47+00:00October 16, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction industry demands delay on reverse VAT

Many smaller house builders could go out of business if domestic reverse charge VAT is introduced on October 1st, a coalition of construction trade bodies has warned. Fifteen associations have signed a letter sent to the chancellor, Sajid Javid, this week urging the new rules be postponed for a minimum of six months. https://www.youtube.com/watch?v=vK9_6vD5tuA They claim the changes could lead to a loss of productivity, reduced cash flow and in the worst cases, lead to a hit on jobs, tipping [...]

By |2021-11-13T10:52:35+00:00August 9, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Residential Developments Grow In May

Residential developments were the only part of the construction industry to grow in May, according to figures from the Purchasing Managers Index, PMI. The construction index fell to a 15-month low of 48.6 in May after rising to 50.5 in April from 49.7 in March and 49.5 in February. May’s reading of 48.6 took the index below the 50 level which indicates flat activity. Last month's growth in house building was softer than the average in 2018. Residential developments have [...]

By |2021-11-13T10:43:35+00:00June 4, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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NORTH DOUGLAS STREET – Project construction is about to start soon

Fast Bridging Loans News:- The project NORTH DOUGLAS STREET – 126 HOUSES is about to start with its construction soon at North Douglas Street, Clydebank, Strathclyde, G81 1NR. The council of West Dunbartonshire will be looking over the construction of this particular project. The project is scheduled to start by the fourth quarter of 2019 and will last for a time period of 21 months. The project is supposed to be finished by the third quarter of 2021. The total [...]

By |2021-11-13T10:40:38+00:00May 17, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction of BUILDING 260 & 270, PROJECT is going to start soon

Property Development Loans:- The BUILDING 260 & 270, BARTLEY WOOD BUSINESS PARK – 122 FLATS will start with its construction very soon at Building 260 & 270, Bartley Wood Business Park, Bartley Way, Hook, and Hampshire, RG27 9UP. The council of Hart are going to overview the construction for this particular project. Among the materials used, the services will include Personnel Movement and the passenger lifts. The construction for this project is expected to start by the third quarter of [...]

By |2021-11-13T10:37:01+00:00May 6, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction of BUS DEPOT, COLDBOROUGH HOUSE – Project Started

Commercial Bridge Loans:- BUS DEPOT, COLDBOROUGH HOUSE – 246 FLATS & COMMERCIAL UNITS will be starting with its construction at Bus Depot, Coldborough House, Market Street, Bracknell, and Berkshire, RG12 1JG.  The council of Bracknell Forest will be governing this construction. The total floor area for this project is 225 sq. m and the total site area is 6200 sq. m. There will be only 1 structure built which will comprise of 242 units. There will be 11 storeys built, [...]

By |2021-11-13T10:37:52+00:00May 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction detail of 54 MARSH WALL – TOWER HAMLETS is approved

Residential Bridge Loans News:- The details have been approved of the 54 MARSH WALL – TOWER HAMLETS at 54 Marsh Wall, Poplar, London, E14 9TP. The council of Tower Hamlets will be governing the construction of this project. The project is scheduled to start by the April of 2021. The estimated time period for the construction is 36 months, and the project is expected to be completed by the April of 2024. The total site area of the project is [...]

By |2021-11-13T10:38:49+00:00April 25, 2019|Blog, Finance News, Planning News, Projects|1 Comment
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HALE WHARF, TOTTENHAM HALE, PHASE 1 Project construction are just about to start

Residential Development Finance News:- At Hale Wharf, Ferry lane, Tottenham, London, N17 9NF, the construction of HALE WHARF, TOTTENHAM HALE, PHASE 1 – 249 APARTMENTS AND RETAIL is just about to get started. The Haringey council will be supervising this construction. The project will start by April 2019, and is expected to last over a period of 60 months, completing the construction by April 2024. The total floor area is 307 sq m and the site area is 2.28 Ha. There will [...]

By |2021-11-13T10:33:12+00:00April 20, 2019|Blog, Finance News, Planning News, Projects|1 Comment
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First-time buyer lending increases in February

Bridging Finance News:- The number of new home buyers rose by more than 4 per cent in February compared with the same month in 2018, according to the latest UK Finance Figures. There were a total of 24,880 new first-time buyer mortgages for February representing a fifth consecutive month of year-on-year growth. Finance experts Hank Zarihs Associates said the figures were encouraging reflecting the strong demand by developers for construction loans and short-term bridging finance for starter homes. Office of National [...]

By |2021-11-13T10:33:46+00:00April 18, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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The LINCOLN SQUARE- WESTMINSTER Project Enters the Development Process

Development Loans News:- Westminster is about to witness an entirely new construction on the project site New Court, 48 Carey Street, Westminster, London, WC2A 2JB. By the project scheme and in-depth planning, a structure featuring a total of 194 units would be developed. As per the revealed confirmed report, these units of the building will give space for flats for residential purposes. The LINCOLN SQUARE- WESTMINSTER Project in Detail The client group of this project, Lodha Group and Multiplex Construction [...]

By |2021-11-13T10:28:13+00:00March 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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