Councils gain power to force landlords to lease empty high street premises

Councils’ new powersto force short-term leaseauctions of empty high street properties could boost local builders’ business, claim finance lenders. One in seven high street shops are vacant Properties empty for more than a year to go under the hammer Short-term leases of one to five years on offer Councils gain power to force landlords to lease empty high street premises Landlords sitting on empty properties for more than a year will be forced to rent them out on short leases [...]

By |2024-12-04T12:21:45+00:00November 22, 2024|Blog, Development Finance Lenders|0 Comments

Random embargos on crane transport set to end

The construction industry has high hopes the deputy prime minister Angela Rayner will help them make it easier to get essential equipment such as cranes to building sites. The optimism follows a meeting between Ms Rayner and the managing director of a crane company based in her constituency. Police forces vary in how they apply the rules ‘Adverse weather’ conditions need to be defined Notification of travel periods too long Random embargos on crane transport set to end The deputy [...]

By |2024-12-04T12:21:51+00:00November 22, 2024|Blog, Development Finance Lenders, Uncategorized|0 Comments

Lack of materials could inhibit housebuilders’ next year

Housebuilders will need to plan over predicted increased demand for materials and talk to suppliers now to avoid pinch points next year, the Construction Leadership Council has warned. Manufacturers have reduced capacity over the last 18 months Skilled workforcedecline and closure of old facilities pose a threat Demand expected to surge in the second half of 2025 Lack of materials could inhibit housebuilders’ next year A shortage of materials could be the biggest hurdle for housebuilders stepping up their activity [...]

By |2024-12-04T12:22:00+00:00October 30, 2024|Blog, Development Finance Lenders|0 Comments

Derelict former gas site gets £29m to pave the way for 1,600 new homes

A proposed urban garden village of 1,600 low carbon homes on the site of former gas works in Birkenhead has received a major boost of £29m from Homes England. £51m pledged for site remediation Former railway to be turned into a linear park 1,600 low carbon homes set to be built Derelict former gas site gets £29m to pave the way for 1,600 new homes Birkenhead’s former gasworks havemoved closer to being transformed into an urban garden village with the [...]

By |2024-12-04T12:22:07+00:00October 9, 2024|Blog, Development Finance Lenders|0 Comments

Major infrastructure contracts of over £200m announced by Homes England

The government's housing and regeneration agency, Homes England, has published a pipeline of 14 different infrastructure contracts worth £210.2m. The largest job is a £52m project to build phases 3a and 3b of Northstowe, a new town in South Cambridgeshire. The two phases include 5,000 new homes, three primary schools, and large areas of open space around them. The National Federation of Builders, NFB, police, and market insight head Rico Wojtulewicz said: “It’s promising that we now know that they are [...]

By |2024-09-25T07:54:37+00:00September 25, 2024|Blog, Finance News, News|0 Comments

Promise to make rented homes warmer lights up SME builders’ future

Energy and net zero secretary Ed Millibandhas pledged that rented homes should be warmer and free from mould by 2030. The announcement is likely to be a significant boost for SME builders. Estimated 5.7m rented homes need to be upgraded 71 per cent of homes built before 1950 are D grade or lower All rented homes should have a C grade or higher by 2030 Promise to make rented homes warmer lights up SME builders’ future Smaller builders’ pipeline of [...]

By |2024-12-04T12:22:18+00:00September 25, 2024|Blog, Development Finance Lenders|0 Comments

SMEs to play a part in the £1bn regeneration of London’s largest housing estate

SME companies are set to be involved in a multi-million-pound regeneration of London’s largest housing estate. Newham council wants the regeneration of the 1960s Carpenters Estate near Stratford station to support local businesses as well as provide high quality reasonably priced homes. Mayor Cllr Rokhsana Fiaz said: “We have got a housing crisis, and we’ve got to house people in genuinely affordable homes.” The estate is across 28 acres and includes three high-rise blocks of 434 homes and 276 homes [...]

By |2024-10-21T14:01:52+00:00September 16, 2024|Advice, Blog|0 Comments

Government can’t deliver 1.5m new homes without SMEs’ help

Smaller builders will be crucial to hitting the Government’s ambitious target of 300,000 new homes a year, claims the construction industry. The comments follow Homes England’s announcement this week of a £150m joint venture with Barratt and Lloyds bank to develop large-scale brownfield sites and create ‘garden villages’. The National Federation of Builders, NFB, said it understood that such partnerships were logical for accessing finance and large-scale residential schemes but sounded a note of caution. NFB policy and market insight [...]

By |2024-09-16T10:46:56+00:00September 13, 2024|Advice, Blog|0 Comments

Licensing builders would be an important step in fire safety post-Grenfell

Raising competence levels among domestic builders should be among future changes to the industry to ensure all buildings are safe, urges the Federation of Master Builders, FMB. The trade body said although the work done by local builders was far removed from that investigated by the Grenfell Tower inquiry, standards should still be raised. FMB chief executive Brian Berry said: “The new government needs to turn away from a culture of cutting regulation, which in part has led to poor [...]

By |2024-10-21T14:01:51+00:00September 4, 2024|Advice, Blog, News|0 Comments

Smaller housebuilders key to delivering new homes in existing towns

SMEs are hoping to get a slice of the housebuilding action when it comes to expanding existing places and regeneration under new town proposals announced by the government this week. The government is to reform planning to enable 370,000 homes to be built a year and sees the creation of communities of at least 10,000 homes as instrumental to achieving this. Deputy prime minister Angela Rayner said: “Our new towns will deliver housing fit for the future, shaping new communities with [...]

By |2024-08-06T09:12:03+00:00August 6, 2024|Advice, Blog|0 Comments

Apprenticeship levy should offer greater flexibility

Skills such as heat pump installation, teamwork and leadership should be among the training and upskilling included in the apprenticeship levy, urges the construction industry. The Chartered Institute of Building, CIOB, has called for the levy to offer businesses greater flexibility to include qualifications such as higher diplomas or degrees. CIOB public policy and affairs head David Barnes said: “We would encourage apprenticeship levy funding to be opened to other forms of training and upskilling in construction to give businesses [...]

By |2024-08-06T09:10:32+00:00August 6, 2024|Advice, Blog|0 Comments

Repairs and maintenance SMEs need to skill up on decarbonisation, shows survey

Repairs and maintenance SMEs need to skill up on decarbonisation, shows survey  Smaller building firms are less confident than larger ones in delivering the decarbonisation of the UK’s 30m existing homes and need support, argues the Federation of Master Builders, FMB. More than 90 per cent of firms employing 8-13 people were ‘very’ or ‘fairly’ confident compared to over 60 per cent of sole traders according to a survey of 200 SME builders. Less than a third of the respondents [...]

By |2024-08-06T09:06:06+00:00August 6, 2024|Advice, Blog, Business|0 Comments