Pipeline of small sites for SME housebuilders to develop is ‘step in the right direction’

Homes England is to pilot selling parcels of land for SMEs to build new homes in the Southeast and the Midlands. Housing and levelling up secretary Michael Gove announced the initiative earlier this week in a statement to parliament outlining his plans for long-term housing. “We are determined to support SME housebuilders who play such a vital role in our communities,” he said. The Federation of Master Builders described the move as a positive development. FMB policy head Jeremy Gray [...]

By |2024-02-26T10:57:17+00:00February 26, 2024|Advice, Auctions, Blog, Business, Buying Property, News|0 Comments

More homes on brownfield land won’t solve housing crisis, warn builders

Michael Gove has come under criticism for putting pressure on London and 19 other major cities to build more homes on brownfield land. The building industry has claimed the housing and levelling up secretary’s latest consultation is a political move to avoid pressure to build on the greenbelt. National Federation of Builders, NFB, chief executive Richard Beresford said: “There isn’t enough brownfield land to get close to solving the housing crisis.” The Federation of Master Builders, FMB, added that the [...]

Private house building new starts in the doldrums

New home registrations showed a 44 per cent drop in 2023 compared with the previous year, according to figures released by the National House Building Council, NHBC. There were just 105,449 registers by developers of intent to build compared with 189,009 in 2022 with the biggest decrease in the Northwest of 61 per cent. The West Midlands was the next worst hit with a drop of 59 per cent followed by the Eastern region with a 51 per cent decrease. [...]

By |2024-02-08T22:47:30+00:00February 8, 2024|Advice, Auctions, Blog, Business, Buying Property, News|0 Comments

SMEs call for end to planning uncertainty to enable more homes to be built

Depoliticising planning and offering more help for first-time buyers would speed up housebuilding according to SME developers’ comments in a recent study. More than 90 per cent of the 303 respondents cited planning permission delays as a major growth barrier in the Homebuilders Federation’s fourth annual  State of Play survey. SMEs would like to see local councils’ planning committees replaced by an independent body of trained planning experts with residents’ input at the local plan state. Homebuilders Federation executive chairman [...]

Housing affordability to worsen with 7 per cent rise in population

More young people look set to live with their parents as buying a home becomes increasingly expensive, the government’s housing accelerator Homes England has warned. Office of National Statistics has revealed the cost of a home is rising quicker than earnings with affordability ratios increasing from 4.92 in 2002 to 8.28 in 2022. “Many young people cannot afford to buy homes in their local communities where they have grown-up, due to worsening affordability,” Homes England said in its latest factsheet [...]

Planning delays pose the biggest threat to SME housing delivery

More than half of SME builders reported the planning system as their biggest barrier to delivering new homes, according to the Federation of Master Builders, FMB, annual survey. Respondents cited ‘inadequate resourcing’ of planning departments as the main reason for delays in applications followed by poor communication. FMB chief executive Brian Berry said: “For small builders, the survey is clear that the system is too complex and costly. Communication from local planning authorities is also poor. Without changing this, planning [...]

Crane survey sees record number of office new starts in the capital

Deloitte’s latest London office crane survey sees the highest volume of new offices being built since 2005 the study was extended to cover seven central London areas. Currently, 124 schemes are under construction totalling more than 15m square feet in volume in the West End, Midtown, Southbank, Docklands, Kings Cross and Paddington with The City leading the way. Deloitte real assets advisory director Sophie Allan said: “New builds have roared back from their post-pandemic nadir, which has likely been driven [...]

Hefty planning fee rise with no promise to improve services

The building industry has hit out at planning fee hikes of 35 per cent for developments of more than ten homes and 20 per cent for other applications with no guarantees services will improve. The last price rise was in 2018 when councils were allowed to increase fees by up to 20 per cent if they agreed to invest the money in their planning departments. There are no such conditions for the new price hikes which go live on the [...]

By |2023-11-16T10:33:10+00:00November 15, 2023|Advice, Auctions, Blog, Business, Buying Property, News, Uncategorized|0 Comments

Young Londoners believe green belt reform needed to unlock more homes

Two-thirds of younger Londoners support green belt reform to help solve the capital’s housing crisis and enable them to buy their first home, according to research.  Pocket Living, which builds affordable homes for first-time buyers, surveyed 1,000 Londoners aged between 25 and 45 and found more than three quarters, 78 per cent, felt the government was not doing enough to create reasonably-priced homes.  Chief executive Marc Vlessing said: “Our findings suggest a staggering two in three non-homeowning Londoners believe they [...]

Government has full house for developers’ remediation contract

An updated list published this week shows all 51 developers have now signed up to the government’s building safety remediation contract.  Four developers who had signed up have been found to be outside the scope which covers properties of 11 metres or higher built in England over the last 30 years.  A spokesperson from the department for levelling up, housing and communities said: “It’s good news. We are glad that all the developers we have approached have now signed.”  The [...]

SMEs should be harnessed to help build 1.5m new homes

Smaller housebuilders must be part of the push to build 1.5m new homes over the next five years if Labour is elected, says the construction industry. Labour leader Sir Kier Starmer told party conference delegates they would ‘bulldoze’ the planning system and harness development corporations to build new towns across England. “There is one barrier so big, so imposing that it blocks out all light from the other side. “A blockage that stops this country building roads, grid connections, laboratories, [...]

SME housebuilders win reprieve on biodiversity rules

Smaller housebuilders are hoping the government’s decision to delay biodiversity net gain, BNG, rules until next year will lead to more practical requirements. Although the housebuilding industry has supported the concept of a ten per cent BNG, on or off-site, they were worried the new rules would put SMEs out of business. National Federation of Builders, NFB, chief executive Richard Beresford said: “We have worked incredibly hard on strategies to ensure BNG can work in practice and the announced delay [...]