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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
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Northern Ireland shows 5.2 per cent house price rise for June

Development Lenders News:- UK house price growth for June remained modest with a year-on-year rise of 0.5 per cent bringing the average price of a home to £216,515. The Nationwide's house price index showed a 0.1 per cent month-on-month rise for June with increases in England subdued largely due to poor performance in the South East. Nationwide's chief economist, Robert Gardner, said this was the seventh consecutive month where house price growth remained below 1 per cent. "Survey data suggests [...]

By |2021-11-13T10:46:04+00:00July 2, 2019|Blog, Finance News, Planning News, Projects, Uncategorized|0 Comments
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Foxley Lane Construction Approved

The project 1 – 9 FOXLEY LANE – 44 FLATS has been approved for construction and the construction is to happen at 1 – 9 Foxley Lane, Purley, Surrey, CR8 3EF. The council of Croydon will be looking after the construction of this particular project. The total site area equals to 1600 sq m and there will be only 1 structure that is going to be constructed on it. There will be a total of 49 units that are going [...]

By |2021-11-13T10:46:11+00:00July 2, 2019|Blog, Finance News, Planning News, Projects, Uncategorized|0 Comments
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Residents to get redress over shoddy building

Construction Loans News:- Consultation on new homes ombudsman who would have the power to demand builders pay compensation for defective properties has been launched. The housing secretary, James Brokenshire, announced the new proposals at the Chartered Institute of Housing's conference this week. "We are exploring the options to appoint a new homes ombudsman in shadow form – someone to work closely with industry, consumer groups and government to ensure improvements and standards are delivered quickly and help shape the future [...]

By |2021-11-13T10:46:17+00:00June 28, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Planning of the IMPERIAL STREET, BROMLEY–Project is currently going on

Bridging Loan News:-The project IMPERIAL 1 – 407 APARTMENTS & RETAIL SPACE is being carried ahead with its planning at Imperial Street, Bromley by Bow, Bow, and London, E3 3ED. The council of London Legacy will be undergoing supervision for the construction of this particular project. The project is supposed to start by the third quarter of 2020 and will last a period of 48 months, and is scheduled to end with its work by the third quarter of 2024. [...]

By |2025-05-30T11:29:23+00:00June 27, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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PM calls for rules to raise the standards of new homes design

Property Finance News:-Prime minister, Theresa May, has said she would like to see new regulations to improve housing standards. She told delegates at the Chartered Institute of Housing Conference this week that the quality of housing must not be compromised by the drive to build more homes. "I cannot defend a system in which owners and tenants are forced to accept tiny homes with inadequate storage, where developers feel the need to fill show homes with deceptively small furniture, and [...]

By |2021-11-13T10:46:36+00:00June 26, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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UK house prices revive in April

Development Funding News:- House prices in April revealed a 1.4 per cent year-on-year rise according to the latest Land Registry figures . The average UK house is now valued at £228,903 with April figures showing a 0.7 per cent increase on March's data. First-time buyer house prices revealed a monthly increase of 0.5 per cent and a yearly increase of 0.6 per cent bringing the average value to £205,022. New builds showed a monthly price rise of 3.4 per cent [...]

By |2021-11-13T10:42:05+00:00June 20, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Homes England hits nine-year high for new house starts

Development Finance News:-Nearly 46,000 new houses were started on site on schemes managed by Homes England last financial year - the highest figure in nine years. The government's housing accelerator added that  40,289 houses were completed - the highest level in the last four years. Out of the starts on site 30,563, two thirds, were for affordable homes - a 10 per cent increase on the previous year. These were the highest numbers of affordable home starts for five years. [...]

By |2021-11-13T10:42:12+00:00June 19, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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SAINSBURYS STORE, RODEN STREET Project is under planning for construction

Bridging Finance News:-The planning for the construction of the project SAINSBURYS STORE, 656 FLATS, 27 HOUSES, RODEN STREET is underway and it will happen at 55 Roden Street, Ilford, and Essex, IG1 2AA. The council of Redbridge will be governing the construction of this project. The project is scheduled to start with its construction by the May of 2020 and will be lasting for a period of 48 months, ending roughly by the May of 2024. The total floor area [...]

By |2021-11-13T10:42:17+00:00June 18, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Scotland’s fourth largest city powers ahead with new developments

Development Finance News:- Dundee is on track to deliver 520 new homes by the end of the financial year, according to the city's draft housing land audit figures published last week. The city council said it had already delivered 430 new homes last year which was more than double the 201 homes built in 2017-18. In March the council agreed to meet the strategic housing supply target based on an average of 480 homes a year, including 200 through the [...]

By |2021-11-13T10:42:24+00:00June 17, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Housing market expected to revive within the year

UK House Market News:- New buyer interest stabilised in May with predictions of house prices rising within the next 12 months, according to the Royal Institution of Chartered Surveyors'  residential market survey. Respondents'  said they expected sales to improve within the next year, despite predicting a decline in activity over the next three months. There was a positive net balance of 22 per cent forecasting a rise in house prices in all parts of the UK except London and the [...]

By |2021-11-13T10:42:44+00:00June 13, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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New licensing scheme to raise building standards

Constructions Loans News:-Builders are coming together to create a mandatory licensing scheme to improve quality and professionalism in the sector. A new construction licensing task force, supported by a range of leading industry bodies, will lead the initiative. Task Force chair Liz Peace, former British Property Federation chief executive, said the scheme would transform Britain's industry into a world-leading sector. "At the heart of what we’re trying to do is increase protection for the ordinary person who engages with the [...]

By |2022-11-21T14:19:48+00:00June 12, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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