Edinburgh’s sports hotspot set to have 600 new homes

Plans to build up to 600 low-carbon homes at Edinburgh’s Meadowbank sports centre moved a step closer with the city council approving the site’s redevelopment masterplan. Collective Architecture has designed a mixed-use development with shops and offices on the ground floor with flats above and space for a GP surgery and other community facilities. One-fifth of the homes will be for families and the scheme will also offer provision for the elderly. Housing, homelessness and fair work convener, Cllr Kate [...]

By |2021-11-13T11:01:02+00:00February 18, 2020|Blog, Finance News, Planning News, Projects|0 Comments

Battersea estates in South London set to get new homes in major makeover

Bridging Loans London News:- Ambitious plans to build 2,550 new homes and transform two 1960s and 1970s housing estates, opposite Clapham Junction station, have been approved by Wandsworth council. The £1.4bn joint venture between the council and Taylor Wimpey includes a 2.49-hectare public park, leisure and community centre, library, children’s centre and nursery. https://www.youtube.com/watch?v=lYJjPXGYWvo Wandsworth council leader, Cllr Ravi Govindia, said the detailed plans included the views of residents and the local community through extensive consultation of 7,000 households. “The [...]

By |2021-11-13T11:01:34+00:00February 3, 2020|Blog, Finance News, Planning News, Projects|1 Comment

Reverse VAT changes postponed for a year

Commercial Finance News:- The building industry has won a one-year reprieve from reverse charge VAT, the taxman has announced. Her Majesty's Revenue and Customs, HMRC, has deferred the changes until October 2020 following intense lobbying by the construction sector. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s Last month a coalition of trade bodies wrote to the chancellor, Sajid Javid, asking for a six-month delay to the introduction which was supposed to happen this month. They warned contractors' cash flow would be badly affected if customers paid [...]

By |2021-11-13T10:51:11+00:00September 9, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Kent commuter town set to get 210 new flats

Property Development News:- Plans to revive Swanley Square's run down 1970s shopping centre and build 210 flats have finally been given the go-ahead. Swanley district council has granted detailed planning permission for developers U + I's £17.9m scheme after initially rejecting it two years ago. The application went to appeal with the inspectorate ruling in U + I's favour last month, July 26, saying the scheme would "invigorate" Swanley's centre. https://www.youtube.com/watch?v=lYJjPXGYWvo The 1.46 ha site is on the former grounds of [...]

By |2021-11-13T10:47:35+00:00August 6, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Lincolnshire set to get 2,500 new homes

Bridging Finance News:-A £1.2bn  garden city of six new villages around five lakes in Lincolnshire moved a step closer, after the local planning authority gave the first phase of the scheme the go ahead. North Lincolnshire council approved developer, Maltgrade's plans for 2,500 homes, a school, village centre, parks and a lake on farmland on the western edge of Scunthorpe. https://www.youtube.com/watch?v=lYJjPXGYWvo&t=2s Council leader, Rob Waltham,  said last night's decision was a milestone for the development which has been in the [...]

By |2021-11-13T10:47:40+00:00August 1, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Planning of 151 – 157 TOWER BRIDGE ROAD DEVELOPMENT is going on

The construction plan for 151 – 157 TOWER BRIDGE ROAD, SOUTHWARK – MIXED DEVELOPMENT is going on and the construction will start at 151 – 157 Tower Bridge Road, Southwark, and London, SE1 3JE. The council of Southwark will oversee the construction. The project will reportedly take 36 months to complete. https://www.youtube.com/watch?v=Rw_dTlS7_Ug&t=2s The floor area and the site area of the project are 6161 sq m and 3642 sq m respectively. There will be 2 structures built consisting of 10 [...]

By |2021-11-13T10:48:04+00:00July 29, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Sky scraper for ‘key workers’ proposed in West London

Bridging Finance News:- Ambitious plans to build one of the tallest tower blocks in Ealing comprising 26 storeys of 149 affordable flats have been submitted. The new building, called 55 West, is to have roof gardens and at ground level a public plaza with the possibility of a doctors' surgery. https://www.youtube.com/watch?v=yQ3_KUhi8_8 Developers Southern Grove  and Thames Valley Housing Association have lodged the application with Ealing council which is expected to make a decision by the end of November. Southern Grove [...]

By |2021-11-13T10:48:18+00:00July 25, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Inland Revenue’s HQ in Nottingham to be turned into 332 flats

Bridging Finance News:-Iconic offices built in the 90s as headquarters for the Inland Revenue are to be transformed into 332 flats. The current owners, Mapeley Estates, have gained permission from Nottingham city council to convert the buildings designed by award winning architect, Sir Michael Hopkins, into homes. The Treasury sold the complex on sale and lease back following the merger of Inland Revenue with Customs and Excise in 2004. The five office blocks at Castle Meadow Business Park,  will be [...]

By |2021-11-13T10:48:57+00:00July 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Planning for WALLYFORD AREA 7 – Project is going on

Construction Finance News:- The project WALLYFORD AREA 7 – 72 HOUSES & 80 FLATS is being planned to be constructed at Area 7, Land South Faside Terrace, Wallyford, Musselburgh, and Lothian, EH21 8AN. The council of East Lothian will be overseeing the construction for this particular project. The total site area of this project equals to 2.98 Ha. There will be a total of 152 units that are going to be provided. There will be 2 storeys built in total. [...]

By |2021-11-13T10:49:05+00:00July 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments

UK house price growth slows in May to 0.1 per cent

Construction Loans News:- UK house prices rose by 1.2 per cent in the year to May 2019, down from 1.5 per cent in the year to April, reveal Office of National Statistics, ONS, data. House prices rose by just 0.1 per cent in May compared with April's increase of 0.7 per cent bringing the average UK property price to £229,431. The South West showed the greatest monthly increase of 1.2 per cent, while the North West experienced the biggest annual [...]

By |2021-11-13T10:49:26+00:00July 17, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Plans for 1,300 new homes in Ripon, North Yorkshire

Land at Claro and Deverell barracks in Ripon is to be re-developed to offer 1,300 new homes and commercial space, Homes England and the Ministry of Defence, MoD, have announced. Harrogate borough council's economy and culture director, Trevor Watson, said the authority's local plan consultation had highlighted more high-quality and affordable housing was needed in the Ripon area. "It's encouraging to see the start of this project, between the different stakeholders, start to take shape," he said. More new homes [...]

By |2021-11-13T10:44:42+00:00July 12, 2019|Blog, Finance News, Planning News, Projects|0 Comments

New build starts in England down by 9 per cent

Commercial Loans News:- The number of new build homes fell for the first quarter of 2019, although completions were up on a year ago, according to government figures. The House building; new build dwellings, England: March Quarter 2019 figures estimate 36,630 homes were  built in the quarter to March 2019. This was  a 9 per cent drop on the three months to December 2018 and a 9 per cent decrease on the same period for the previous year. Starts were [...]

By |2021-11-13T10:45:37+00:00July 5, 2019|Blog, Finance News, Planning News, Projects|0 Comments