Supply chain issues to drive warehouse construction growth

New warehouses and infrastructure growth are expected to fuel a rise in construction output by 2.5 per cent for 2022, according to the Construction Product Association’s latest forecast. The trade body predicts the industrial sector, covering warehouses and factories, to rise by 15 per cent for 2022 and nearly ten per cent for 2023. Construction Products Association, CPA, economics director Noble Francis said: “Activity continues to be boosted by the strength of online retailing as well as manufacturers’ need for [...]

By |2022-07-27T14:41:45+00:00July 27, 2022|Uncategorized|0 Comments

Housebuilders call for greater accuracy in river pollution rules

Overestimates of the amount of river polluting nutrients housebuilding generates is leading councils to delay 100,000 new homes’ planning applications, claims the Home Builders Federation. A new report by planning consultancy Lichfields shows Natural England’s pollutant methodology to be based on overestimates about the population increase new homes generate. Lichfields senior director Gareth Williams said: “It fails to recognise a significant proportion of these new homes are to meet the requirement of existing residents so have no impact on the [...]

By |2022-06-01T17:41:02+00:00June 1, 2022|Uncategorized|0 Comments

New help-to-buy loan deadline wrong-foots developers

Thousands of first-time buyers will miss out on a help-to-buy loan due to the government introducing a new deadline for reserving a property by the 31st of October. Originally consumers could reserve a home by the end of December if the new building was completed by the end of March 2023. Home Builders Federation, HBF, policy director David O’Leary said: “Some developers were planning on keeping plots to come to fruition by the end of the year. They are shocked [...]

By |2022-05-31T20:55:43+00:00May 31, 2022|Uncategorized|0 Comments

Collaborate to avoid supply chain crisis in the wake of Ukraine war

Steel, bitumen, cast iron, rebar and timber supply issues along with rising cement, bricks and blocks and glass costs are likely impacts of the conflict in Ukraine. The Construction Leadership Council, CLC, is urging contractors and suppliers to work together to overcome these problems. Arcadis partner and CLC member Simon Rawlinson said: “We hope to help companies navigate through these current challenges with guidance and points to think about, supporting firms in what could be a challenging period for the [...]

By |2022-04-14T18:42:02+00:00April 14, 2022|Uncategorized|0 Comments

SME housebuilders could fold if new carbon emission rules happen

A new bill forcing builders to assess the carbon emissions of a new project prior to construction will force SMEs out of business, the industry has warned. Conservative MP Duncan Baker’s private members bill would require them to measure, report and reduce a scheme’s carbon emissions during the design process. SME construction firm Hofton & Son, based in Nottinghamshire, has said if the bill is passed on its second reading on 18th March then it will stop building homes. Managing [...]

By |2022-03-04T09:46:31+00:00March 4, 2022|Uncategorized|0 Comments

Government pledges huge reforms for UK leaseholders

Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick announced on 7th January. These new measures come as part of the biggest reforms to English property law in over 40 years, fundamentally making homeownership fairer and more secure. These reforms are welcome news for many This news has been welcomed by many, with Richard Beresford, Chief Executive of the National Federation [...]

By |2021-11-13T09:03:44+00:00January 19, 2021|Blog, News, Uncategorized|0 Comments

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

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|1 Comment

The GREAT WESTERN PARK Project Receives Approval

A brand new project, better known as the GREAT WESTERN PARK Project will soon come up on the site West of Didcot, Btwn A4130 and Park Road to both North and South of B4493, Wantage Road, Oxford, Oxfordshire, OX110AG, according to the confirmed reports. As per the detailed planning of this project, the construction will develop a four-storeyed structure featuring a total of 3200 units. These units will grant space for both residential as well as commercial use. The building [...]

By |2021-11-13T10:28:06+00:00March 19, 2019|Blog, Finance News, Planning News, Projects, Uncategorized|0 Comments

The Building of HARLOW PRIORITY ESTATES – is About to Start

Commercial Property Loan News:- At The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG the construction of HARLOW PRIORITY ESTATES - THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD is about to start. The detailed planning approved [(TP ref HW/PL/15/00229)-OJEU Ref 2015/S 109197564]. As of now, the estimated finance value stands at £54M. The total duration of the construction period will roughly extend to 60 months. With an entire site area of 5.696 Ha, the construction will be on a [...]

By |2021-11-13T10:28:32+00:00March 16, 2019|Blog, Finance News, Planning News, Projects, Uncategorized|0 Comments

Construction of MARHAM PARK -186 HOUSES & 12 APARTMENTS has started

Property Bridging Loan News:- The construction of MARHAM PARK, PARCELS J & N-186 HOUSES & 12 APARTMENTS has been started at Marham Park, Parcels J&N, Nw/O Bury Tut Hill, Fornham Ali Saints, Bury St. Edmunds, and Suffolk, IP28 6LG. The project has started as recently as January 2019. It will consist of a total of 190 units, with 186 houses. It is consisting of 2 bedroom, 3 bedroom and 4 bedroom flats. These houses are to be distributed among 12 [...]

By |2020-01-25T16:22:15+00:00March 8, 2019|Uncategorized|0 Comments

Prefab Homes Set to Become the Answer to UK’s Housing Shortage

UK Housing Loan:- The UK seems to be dragging its heels when it comes to building homes off-site while Canada, Japan and Scandinavia have enthusiastically embraced the concept. We've been reluctant to stray from the comfort of solid bricks and mortar to timber framed homes where kitchen or bathroom modules are built in factories and slotted in. Perhaps it's that negative memory of post World War Two prefabs hastily put up in the 50s and 60s to solve our housing [...]

By |2021-11-13T10:16:50+00:00January 31, 2019|Blog, Finance News, Planning News, Projects, Uncategorized|0 Comments