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Scotland extends help-to-buy as housebuilding starts again

Property Development News:- More than 2,000 Scottish households will be able to buy new-build homes with the extension of the help-to-buy scheme to March 2022, claims the government. Scottish housing minister Kevin Stewart has pledged £55m for 2021-22, in a bid to help housebuilders recover business over the coming year. The news coincides with first minister Nicola Sturgeon´s announcement yesterday of a soft start to re-opening housebuilding sites on Monday, June 15. Mr Stewart said: “A strong and growing house-building [...]

By |2024-06-26T07:45:57+00:00June 12, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Housebuilders call on the government to extend planning permissions

Bridging Loans News:- Extend planning approvals by a year to avoid current permissions lapsing during the pandemic crisis, urges the construction industry. The National Federation of Builders, NFB, has put six proposals forward to the government to help the housebuilding sector survive the coronavirus pandemic. These include exemption from business rates, suspending planning contribution payments and council tax on new build unoccupied or incomplete homes. NFB chief executive, Richard Beresford, said it was in constant contact with its members so [...]

By |2024-06-27T03:07:53+00:00April 6, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Smaller developers press chancellor for tax break

Bridging Financing News:- Small and medium-sized building firms are calling for a three-month tax holiday on VAT, pay as you earn and construction industry scheme contributions to prevent wide-spread insolvencies. The Federation of Master Builders, FMB, has written to the chancellor, Rishi Sunak, and business secretary,Alok Sharma, asking for immediate support in the wake of the coronavirus. They say three-quarters of their 7,500members have reported delayed or cancelled projects and just under two-thirds have seen a fall in enquiries. Nearly [...]

By |2021-11-13T09:25:41+00:00March 20, 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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Edinburgh’s biggest brownfield regeneration could realise £1.3bn

Development Loans News:- Edinburgh’s former National Grid site at Granton waterfront is set for a major regeneration with a possible 3,500 new homes built on the 120-acre area. The site is 2.5 miles north of the city centre and lies on the Firth of Forthand is home to Edinburgh’s last remaining gas holder and the former Granton railway station. A new coastal park linking Granton harbour with Gypsy Brae is planned to re-connect the city with its waterfront with the [...]

By |2021-11-13T11:00:47+00:00February 20, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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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|0 Comments
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Homes England gives £38m to speed up building more than 2,000 homes

Bridging Loans News:- Six local authorities have won £38.2m worth of investment to accelerate the building of at least 2,072 new homes. The funding will be ploughed into infrastructure for 13 sites spread across England from Somerset to Cheshire. The councils who've gained funding are being encouraged to employ SME housebuilders and also developers who harness modern methods of construction. https://www.youtube.com/watch?v=lYJjPXGYWvo Homes England chief land and development officer, Stephen Kinsella, said: "This funding will enable local authorities to prepare their [...]

By |2021-11-13T10:57:14+00:00October 24, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Housing minister calls for a digital revolution for property development

Bridging Loans News:-New ways for councils to share data with developers to help them find brown field land suitable for building on, are being launched by the government. A national index of all brown field data, simplifying and improving the quality of the current brown field land registers, is to be introduced. https://www.youtube.com/watch?v=gZkYeRN7z9k Housing minister, Esther McVey, said: "The UK property sector is on the cusp of a digital revolution. It's time to harness new technology to unlock land and [...]

By |2021-11-13T10:57:28+00:00October 22, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Housebuilders cash contributions to get local residents’ recognition

Construction Loans News:-New planning rules enabling residents to see how housing developers' money has been spent in the community have come into force. The government passed legislation on September 1st requiring councils to publish the details of deals done with housing developers so residents can see how the money will be spent. Housing minister, Esther Mc Vey, said: "The new rules will allow residents to know how developers are contributing to the local community when they build new homes - [...]

By |2021-11-13T10:51:45+00:00September 2, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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The Construction of COUPLAND STREET – 273 FLATS is About to Finish

Fast Bridging Loans News:-The project COUPLAND STREET – 273 FLATS is about to finish in Coupland Street, Boundary Lane and Burlington Street, Hulme, Manchester, Greater Manchester, M15 6HN. The council of Manchester is responsible for governing the construction of this project. The project has started in the May of 2018 and is nearing its end in November of 2019. The total floor area being used is 1716 sq. meters and the total site area used is 7100 sq. meters. There [...]

By |2021-11-13T10:30:10+00:00April 3, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Construction of ST FAITHS ROAD, OLD CATTON – Project is Underway

Fast Bridging Loans News:- ST FAITHS ROAD, OLD CATTON – 258 HOUSES & 70 FLATS is going to be constructed in St Faiths Road, Old Catton, Norwich, and Norfolk, NR6 7BL. The contract detail has been approved as of now. The council of Broadland is going to be governing this particular construction. The duration of the construction will last for over a period of 72 months. There will be a total of 328 units that are going to be constructed. [...]

By |2021-11-13T10:30:40+00:00March 31, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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New Online Reports on Potential Development Land Give Buyers in-depth Insight

Online Development Finance News:- Finding the right property or plot of land to redevelop without spending a fortune on professional help is often difficult. Most property developers want an accurate picture about the site they're interested in without having to wait too long. But a hasty decision without the right due diligence could be a disaster. There are a whole raft of potential issues. Is the building listed or in a conservation area? Is it on a flood plain? Is [...]

By |2021-11-13T10:31:06+00:00March 28, 2019|Blog, Finance News, Planning News, Projects|Comments Off on New Online Reports on Potential Development Land Give Buyers in-depth Insight
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