Construction industry presses for clear message about building sites

Bridging Loans News:-Clarity over which construction sites should stay open and which must close is essential, the industry has urged. Construction Industry Council, CIC, chief executive, Graham Watts, said work to make good unsafe buildings or dangerous structures should continue. “In the absence of firm advice, some construction companies are taking matters into their own hands and closing for the foreseeable future or until there is more clarity. It is currently a matter of mess and muddle,” said Mr Watts. Taylor [...]

By |2021-11-13T09:25:18+00:00March 27, 2020|Blog, Finance News, Planning News, Projects|0 Comments

CLEGG STREET – Project is going to start soon with its construction

Best Bridging Loans News:- The construction of the project CLEGG STREET – 127 FLATS is going to start with its construction soon at Clegg Street, Liverpool, and Merseyside, L5 3SP. The council of Liverpool is going to be governing the construction of this project. This particular project is due to start on the September of 2019 and will be going over a period of 24 months. The project is supposed to end it construction by the September of 2021. The [...]

By |2021-11-13T10:38:29+00:00April 29, 2019|Blog, Finance News, Planning News, Projects|0 Comments

CHELSEA WATERFRONT- 112 Flats Construction Started

Bridging Loans  News:-The construction of CHELSEA WATERFRONT- LOTS ROAD PLOT HS3, HARDWICK HOUSE-112 FLATS is being done at Former Power Station, Lots Road, Chelsea, and London, SW10 0QD. The main scheme is building 112 flats with associated parking and landscaping. The detail planning has been granted and the subcontract has been awarded. The price of the site is roughly £26M. Kensington and Chelsea council are looking after the construction. The project has started on May 2017 whereas the tender was [...]

By |2021-11-13T10:25:47+00:00March 4, 2019|Blog, Finance News, Planning News, Projects|0 Comments

First-time Buyers Reaches a 12-year High

Building Finance News:- There were 370,000 first-time mortgages approved in 2018 - a 1.9% increase on the previous year, according to the latest UK Finance figures. The £62 billion new lending in the year was 4.9% higher than in 2017 and the highest since 2006 when 402,800 first-time mortgages were granted. Building Finance - HZA There were 30,900 new first-time mortgages completed in December 2018, some 1.6% more than in the same month a year earlier. The £5.2 billion of [...]

By |2024-06-27T02:53:56+00:00February 21, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Cracks in Planning System Set to Hinder New Homes Expansion

Bridging Loans News:- Local planning authorities will struggle to deal with targets to build an average of 300,000 new homes a year from the mid 2020s, warns the National Audit Office, NAO. The organisation's Planning for New Homes report highlights a catalogue of weaknesses in the planning system. It notes only 44 per cent of authorities having a local plan for new house builds  that is less than five years old.  NAO head Amyas Morse, said: "It is clear the [...]

By |2021-11-13T10:20:59+00:00February 16, 2019|Blog, Finance News, Planning News, Projects|0 Comments

Green Flags up For the ORCHARD WHARF Project, London

A brand new project will be soon coming up in Castle Wharf Esso Petrol Station, Leamouth Road, Poplar, London, E14 0JG. This project, popularly known as ORCHARD WHARF, is a new venture of the renowned builder Galliard Homes Limited. According to the details of the granted project plan, the construction will comprise a total of four structures of 24 storeys each with one storey below the ground. The buildings will feature 338 units that will give space to 226 one [...]

By |2024-07-02T09:45:11+00:00December 21, 2018|Blog, Finance News, Planning News, Projects|0 Comments

The Moxon Development Project for 79 Flats Will Cost £50M

Best Bridging Loans:- Ridgeford Developments Limited has earned our heartiest congratulation for gaining planning for the construction of a six storey building containing 79 apartments with shops restaurants, community hall and parking. The construction will include three basement levels. The chosen site for the project is Car Park, Aybrook Street, Westminster, London, W1U 4AR. The client intends to take help of Best Bridging Loans, which will allow the client to finish their current construction projects without having to worry about [...]

By |2021-11-13T10:12:11+00:00November 2, 2018|Blog, News, Planning News|0 Comments

150 Bishopsgate | 284 Units | £500M Project- HZA

Best Bridging Finance News:Congratulations to Stanhope Plc for gaining planning for the development of a beautiful Pan Pacific Hotel at the site 150 Bishopsgate, Staple Hall, 87-90 Hounds, 1-17 Devonshire Row & 77-84 Houndsditch &, City, London, EC2M 4RQ. This will be a privately funded brownfield site project, which will involve the demolition of the existing infrastructure before the construction of a new one. The build will cost £500,000,000 to cover the cost Stanhope will use development finance to take [...]

By |2021-11-13T09:50:48+00:00September 12, 2018|Blog, News, Planning News, Projects|0 Comments

West End Gate | Edgware Road | 652 Homes -HZA

Online Bridging Finance News: Berkeley Homes (Urban Renaissance) has submitted a development application for the development of 652 flats and retail offices at the site 285-329 Edgware Road, Paddington, London, W2 1DH. The application has been awarded a subcontract, but it is still pending a detailed approval. The is a privately funded mixed development project. Once completed, the floor area for this project will cover 20545 square meters, while the entire site area will cover 1.065 Ha. Online Bridging Finance [...]

By |2021-11-13T09:47:51+00:00April 23, 2018|Blog, News, Planning News, Projects|0 Comments

Wood Dene | Peckham | £40M | detailed planning granted

Online Equity Financing News:- Notting Hill Housing Trust has submitted an official application for the development of the site Wood Dene, Queens Road Meeting House Lane, Carlton Grove, Peckham, London, SE15 2AL. Since the current site is empty land this will cost less than the demolition of a building. The application has been submitted to the council of Southwark, and has gained detailed planning grained. Online Equity Financing 3 structures, rising as high as 9 storeys, will be constructed for [...]

By |2021-11-13T09:47:57+00:00April 4, 2018|Blog, News, Planning News, Projects|0 Comments

Portal West | 578 Apartments | £50M

City & Docklands Property Group together have submitted an application for the development of 578 flats and commercial space at the site 6 Portal Way, Acton, London, W3 6RU. This is a privately funded project, and then it has been categorized as a Brownfield Site project. Short Term Loans The entire construction will be 42 storeys high, and it will comprise 578 units in total. A total of 4 structures will be erected during the development. The site area for [...]

By |2021-11-13T09:43:58+00:00March 12, 2018|Blog, News, Planning News, Projects|0 Comments

Kensal Road | 50 Units | £5M

Stamford Norfolk Limited has submitted a development application for the construction of 50 residential flats on the site 321-337 Kensal Road, North Kensington, London, W10 5DA. This Brownfield Site project is in the stage of detailed planning. This project will involve demolition of existing infrastructure on the land and the construction of the new project will commence. Equity Financing News Upon completion, this development finance will include 25 one bedroom, 18 two bedrooms and 7 five bedrooms flats for the [...]

By |2021-11-13T09:44:06+00:00March 8, 2018|Blog, News, Planning News, Projects|0 Comments