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Plans for a £770m south London riverside development lodged

Commercial Loans News:- Plans to build 1,500 homes on Greenwich Peninsula have been submitted to Greenwich council by regeneration developer U+I. The mixed-use scheme lies on 19 acres of land to the south-west of the O2 Arena which was home to a large sweetener refinery and is one London´s last riverside sites available for regeneration. U+I chief development officer Richard Upton said: "This riverfront scheme will deliver a distinctive, green, mixed-use neighbourhood while driving growth and employment and delivering much-needed new [...]

By |2024-06-26T07:39:03+00:00June 22, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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First female government chief planner appointed

Property Funding News:- Joanna Averley will be the first woman chief planner when she joins the Ministry of Housing, Communities and Local Government in September. She is replacing Steven Quartermain who stepped down at the end of March after 12 years in the role. Housing minister Chris Pincher said on Twitter: “Joanna’s experience and fresh thinking will help to ensure the planning system delivers the homes we need, now and in the future.” Ms Averley said planners had a vital [...]

By |2024-06-26T07:39:16+00:00June 17, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Scottish housebuilders press for full return to work

Instant Bridging Loans News:- Homes for Scotland, HfS, has criticisedthe country’s first minister, Nicola Sturgeon’s lockdown route map which only allows for preparation of site works to re-open from May 28th. A possible ‘soft start’ of reduced hours on building sites could resume from Thursday if social distancing rules are followed. The trade body wants selling and buying of properties to resume and for its members to be allowed to finish off 6000 homes which are nearly complete. Chief executive [...]

By |2024-06-26T07:46:24+00:00May 22, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Building workers’ safety boosted with test access

Development Finance News:- Construction workers are relieved the government has said they are eligible for Covid-19 testing as the sector continues to re-open more building sites. Health secretary Matt Hancock said at yesterday’s press briefing that anyone who needed to leave home to work and had symptoms should be tested. “This means construction workers to emergency plumbers, research scientists to those in manufacturing – can now be tested.” Unite assistant general secretary Gail Cartmail added: “This will significantly help prevent the [...]

By |2021-11-13T09:21:41+00:00April 29, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Chancellor looks to the sky for boosting new housing

Bridging Finance News:- Building homes above train stations, shops and converting disused buildings is to become easier with the government announcing new permitted development rights from the Summer. The ministry of housing, communities and local government said developers would be able to demolish vacant commercial, industrial and residential buildings and replace them with homes. Our Bridging Finance range covers auction purchases, to private sales and all levels of refurbishment works. Bridging finance is ideal when you need funding fast, with [...]

By |2021-11-13T09:26:04+00:00March 12, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Clampdown of mis-selling of new homes with leaseholds

Bridging Loans News:- Housebuilders who mis-sell leasehold homes could find themselves in court following the worrying findings of a Competition and Markets Authority probe. The CMA found evidence of potential mis-selling and unfair contract terms in the leasehold housing sector. Developers are estimated to have sold about 778,000 hew-build long leasehold homes between 2000 to 2018 with nearly two thirds being in the North West. CMA chief executive Andrea Coscelli said: “We have found worrying evidence that people who buy [...]

By |2021-11-13T09:26:36+00:00February 28, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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SME housebuilders back moves to banish poor workmanship

Bridging Loans News:- Giving house buyers compensation if their new home is badly built has received support from smaller developers. The Federation of Master Builders, FMB, said it was right the new homes ombudsman would be backed up by law. The trade body called for SME builders to be central for developing the scheme and new code of practice. FMB chief executive, Brian Berry, said: “The details of this sensible step are still to be worked out, and the SME [...]

By |2021-11-13T09:26:50+00:00February 26, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Councils under pressure to hit housing land supply targets.

Bridging Loans News:- South East England councils were among the worst at delivering land for housing according to figures released by the ministry for housing, communities and local government, MHCLG. The City of London, Havering and Thanet delivered just 35 per cent of the land they were required to provide for housing in the three years to March 2019. They were followed by Basildon, Eastbourne, North Hertfordshire, New Forest and Three Rivers who reached just 45 per cent of their [...]

By |2021-11-13T11:01:11+00:00February 17, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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New life breathed into ambitious development project for West London

Plans to build up to 25,000 homes as part of a wider regeneration scheme for Old Oak and Park Royal in West London have been revived. The Old Oak and Park Royal Development Corporation, OPDC, has submitted new proposals to build the homes, and create 65,000 new jobs, over the next 30 years across a 650-hectare area. https://www.youtube.com/watch?v=C1-k6Ika-0Q&t=1s A four-fold increase in land values meant earlier plans to build on 54 acres at Old Oak North, where second-hand motor dealer [...]

By |2021-11-13T11:02:32+00:00December 13, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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