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Builders’ merchants open for business again

Bridging Loans News:- Builders merchants are re-opening their doors after the government told them to stay open to support the construction industry supply chain. Howdens, Huws Gray, Jewson, Ridgeons, Selco and Travis Perkins closed their branches yesterday, March 24, following the government’s advice on Monday that people should stay at home. However, the government told them via their trade association, the Builders Merchants Federation, BMF, to continue operating. BMF chief executive, John Newcomb, said during a construction leadership taskforce meeting [...]

By |2021-11-13T09:25:28+00:00March 25, 2020|Blog, Finance News, Planning News, Projects|0 Comments
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Construction output falls for sixth consecutive month

Construction Loans News:- Building output carried on declining although the latest purchasing managers' index showed the rate of contraction was the slowest in three months. Construction companies were continuing to reduce their workforce numbers due to weak order books and concerns about the near-term business outlook. New orders dropped for the seventh month in a row during October, but the rate of decline was the least marked since July. https://www.youtube.com/watch?v=lYJjPXGYWvo The 44.2 index for October was up on September's 43.3 [...]

By |2021-11-13T10:56:31+00:00November 4, 2019|Blog, Finance News, Planning News, Projects|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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Leeds Approves Nearly 1000 New Homes for its City Centre

Property Development Finance:- A  £210m scheme to build 928 homes with offices shops and cafés to give an extra buzz to Leed's  South Bank area, has been given the go ahead. Leeds city council has granted permission for D K Architects' plans for five towers, ranging from six to 20 storeys, of one to three-bedroom flats and some town houses over a floor space of 750 sq metres. Each tower will have its own gym and gardens and is on [...]

By |2024-06-27T02:37:44+00:00April 5, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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Northern Ireland Star Performer in House Price Growth, Q1 2019

Construction Loans News:- Northern Ireland overshadowed the South showing a year-on-year first quarter rise of 3.3 per cent,  according to the Nationwide House price index. The average house in Northern Ireland reached £142,484 while the North West edged up to £161,535 - a 2.9 per cent increase on Q1 2018. UK average house prices in the first quarter of this year rose to £212,694 - a 0.4 per cent compared with the same period in 2018. House prices in England [...]

By |2024-06-27T02:59:59+00:00March 29, 2019|Blog, Finance News, Planning News, Projects|0 Comments
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The Market Street Redevelopment at Station Approach Will Cost £61M

Cheers to Grainger Plc for gaining planning for the construction of 232 units at Station Approach, Market Street, Newbury, Berkshire, RG14 5DP. With the help of Commercial Refurbishment Loans, the client will easily develop 81 one bedroom and 117 two bedroom flats, 10 two-bedroom and 21 three bedroom houses with associated car parking, residents' hub and management office, commercial space, a multi-storey car park, access and landscaping following demolition works and site clearance. The project will be developed in a [...]

By |2021-11-13T10:10:56+00:00November 8, 2018|Blog, News, Planning News|0 Comments
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The Hudson Square Project Will Cost £100M

Construction Loans News: Reef Estates Limited has earned our heartiest congratulation for gaining planning for the construction of Retail units, restaurants, public square, offices, car showcase, hotel, student accommodation, apartments, cinema, gym, spa and innovation hub with associated access, parking and landscaping. The chosen site for the project is Larch Drive, Chiswick, London, W4 5QL.  The client intends to take help of construction finance loans, which will allow the client to finish their current construction projects without having to worry [...]

By |2021-11-13T10:03:12+00:00October 19, 2018|Blog, Planning News, Projects|0 Comments
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Esplanade House | Southend | 216 units -HZA

Equity Investment Loan:-Langley Developments Limited has officially submitted an application for the development of 216 flats at the site Esplanade House, 60 Eastern Esplanade, Southend-on-Sea, Essex, SS9 1YY. This privately funded project has been categorized as a Brownfield Site project, and it will involve the demolition of the existing infrastructure on the land. Equity Investment Loan Upon completion, the entire project will consist of 216 individual residential units. The project will feature the construction of 60 one bedroom houses, 129 [...]

By |2021-11-13T09:36:37+00:00February 6, 2018|Blog, News, Planning News, Projects|0 Comments
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