Housebuilders expand training to boost female site manager numbers

Programme offers on-site two-week placement The housebuilding industry hopes its latest site manager course will go some way to redressing the gender imbalance where just four per cent of people in this role are women. 16 per cent of the workforce are female but only four per cent are site managers Eleven major housebuilders are supporting training programmes to increase numbers 52 sites across England, Wales and Scotland will be offering hands on experience Housebuilders expand training to boost female [...]

By |2025-02-19T14:21:29+00:00February 19, 2025|Blog, Development Finance Lenders, News|0 Comments

Housebuilders of smaller low-rise developments to be caught up in safety levy

Southeast housebuilders could be particularly badly hit SME housebuilders are concerned they will be caught up in the new building safety levy to be introduced in September for cladding remediation, yet for-profit housing developments tied to the public sector will be exempt. For-profit housing built by housing associations will be exempt Sites of ten plus homes will be liable Fear that four per cent tax on annual profits of over £40m will be lowered to £10m Housebuilders of smaller low-rise [...]

By |2025-02-15T16:52:55+00:00February 12, 2025|Blog, Development Finance Lenders, News|0 Comments

Government urged to review green belt with SME developers in mind

An influential committee has written to the government urging them to consider how they can help SMEs when drawing up guidance and criteria for green belt reviews. Identity of grey belt sites lost in wider green belt reviews Grey belt sites lose allure for SME developers Green belt reviews should focus on helping SMEs Government urged to review green belt with SME developers in mind SME builders should be at the forefront when reviewing the green belt, the house of [...]

By |2025-02-05T15:00:17+00:00February 5, 2025|Blog, Development Finance Lenders, News|0 Comments

More planning officers needed to hit 1.5m new homes target

A lack of planning officers could be one of the biggest obstacles for hitting the Government’s target of 1.5m new homes by 2029, warns the Homebuilders Federation. 2,200 planners needed to speed up applications 80 per cent of councils are operating below capacity Most major planning applications exceed 13-week timescale More planning officers needed to hit 1.5m new homes target Building 370,000 new homes a year is unattainable unless the Government funds training and recruitment of more planning officers, the [...]

By |2025-01-29T16:30:37+00:00January 29, 2025|Blog, Development Finance Lenders, News|0 Comments

Environmental restoration fund to replace restrictive nutrient neutrality rules

The Government is pinning its hopes on a new environmental restoration fund to replace restrictive environmental rules stalling housebuilding and major infrastructure projects. 74 local authorities have protected sitesacross 27 water catchments Up to 150,000 new build homes have been halted Environmental restoration fund hoped to speed things up Environmental restoration fund to replace restrictive nutrient neutrality rules Nutrient neutrality rules blocking tens of thousands of new home builds will be replaced with a restoration fund, environment secretary Steve Reed [...]

By |2025-01-24T13:49:45+00:00January 22, 2025|Blog, Development Finance Lenders, News|0 Comments

House sales expected to risefollowing price dip and imminent stamp duty increases

Developers are expecting to see more property sales as buyers attempt tobenefit from a recent dip in house prices and beat the new lower stamp duty thresholds in April. Average house price in England and Walesis£290,000 November’s figures show a 0.4 per cent month-on-month decrease Bank of England base rate cut of 0.25 per cent expected next month House sales expected to risefollowing price dip and imminent stamp duty increases Developers are optimistic that house sale volumes will grow in [...]

By |2025-01-19T06:06:46+00:00January 19, 2025|Blog, Development Finance Lenders, News|0 Comments

Over 17,000 ‘affordable homes’ stalled due to lack of buyer funds

Housing associations and councils need to be put on a secure financial Housing associations and councils must be financially secure in order to afford the purchase of 'affordable homes', according to the construction industry. footing, so they have the money to buy ‘affordable homes’, urges the construction industry. 17,432 homes with detailed planning permission affected 139 sites nationwide are delayed Housing associations and councils’ lack of finances to blame Over 17,000 ‘affordable homes’ stalled due to lack of buyer funds [...]

By |2024-12-21T15:16:46+00:00December 18, 2024|Blog, Development Finance Lenders|0 Comments

Major obstacles still face developers in delivering new homes on a grand scale

An overhaul of the planning system is seen as an important first step, but industry experts have said housebuilders still face major hindrances when it comes to building more new homes quickly. Only a quarter of English councils have up-to-date plans Planning departments are insufficiently resourced Statutory consultees could still prove a major delay Major obstacles still face developers in delivering new homes on a grand scale Housebuilders still face significant hurdles in delivering 1.5m new homes despite the Government’s [...]

By |2024-12-11T14:24:48+00:00December 11, 2024|Blog, Development Finance Lenders|0 Comments

Empty shop refurbs to create pipeline of work for SME builders

SME builders order books could receive a welcome boost as councils exert their new powers to tackle the problem of empty high street premises. Properties empty for more than a year to go under the hammer  Leases of one to five years on offer One in seven high street shops are vacant Empty shop refurbs to create pipeline of work for SME builders SME builders are hoping for a boost in refurbishments now that councils can force landlords of [...]

By |2024-12-05T14:26:05+00:00December 4, 2024|Blog, Development Finance Lenders|0 Comments

Family-run construction firms doomed due to tighter inheritance relief cap

The construction industry is calling on the Government to rethink its £1m inheritance relief tax cap if it wants to avoid seeing thousands of family-run businesses close. Private assets above £1m will be taxed at 20 per cent Thousands of family-run businesses will close 1.5m new homes target is at risk without the SME builder Family-run construction firms doomed due to tighter inheritance relief cap Smaller family-owned housebuilders will close putting the government’s target of building 1.5m new homes in [...]

By |2024-12-04T12:21:11+00:00November 28, 2024|Blog, Development Finance Lenders|0 Comments

SME builders should be attracted back into housebuilding, claims senior economist

Economic experts have said that if the Government wants to achieve its 1.5m housebuilding target it will have to tempt smaller housebuilders back into the sector. Reforms to planning and potential subsidies will be needed claim experts in Glenigan’s latest construction industry forecast. Housing starts predicted to increase by13 per cent in 2025 and 15 per cent in 2026 New housing affordability targets of 40 to 50 per cent will be hard to meet Office refurbishments predicted to rise to [...]

By |2024-12-05T14:31:04+00:00November 27, 2024|Blog, Development Finance Lenders|0 Comments

Family-run construction firms doomed due to tighter inheritance relief cap

The construction industry is calling on the Government to rethink its £1m inheritance relief tax cap if it wants to avoid seeing thousands of family-run businesses close. Private assets above £1m will be taxed at 20 per cent Thousands of family-run businesses will close 1.5m new homes target is at risk without the SME builder Family-run construction firms doomed due to tighter inheritance relief cap Smaller family-owned housebuilders will close putting the government’s target of building 1.5m new homes in [...]

By |2024-12-04T12:21:38+00:00November 22, 2024|Blog, Development Finance Lenders|0 Comments