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Construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 takes place

Construction Finance News:-The construction of EXCHANGE SQUARE, BIRMINGHAM – PHASE 1 is taking place. The address of the plot is Masshouse, Plot 7, Exchange Square, Eastside, Birmingham, West Midlands, and B7 4EH. The construction had started in February 2017 and is supposed to finish by October 2019, with a 32 month period. The current finance value of the plot is £70M, and is governed by the Birmingham council. Construction Finance - HZA The total construction site is roughly spread over [...]

By |2021-11-13T10:24:32+00:00March 10, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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UK Economy Missing Out on £250 Billion from female start-ups

Commercial Finance News:-Major lenders are signing up to a new code for investing in women to help increase the number of female entrepreneurs by 600,000 within the next ten years. The Treasury announced the code following the publication of the Rose Review released on March 8 to coincide with international women's day. So far key lenders including Lloyds, Royal Bank of Scotland, the UK Business Angels Association and UK Finance have signed up. Prime Minister Theresa May said: "I am [...]

By |2021-11-13T10:24:40+00:00March 9, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Construction of WOOD WHARF, PRESTONS ROAD is being carried out

Bridging Loan News:- The WOOD WHARF, PRESTONS ROAD – PLOTS E3 & E4 construction is being carried out at Rm03 Wood Wharf, Prestons Road, Poplar, London, E14 9SF. The aim is to construct a 50 storey building that has 470 flats and 787 sq. Metre of retail space. Additionally, parking spaces, associated spaces and open public places are also going to be provided. The detail has been approved and the project is due to start on the first quarter of [...]

By |2021-11-13T10:24:47+00:00March 8, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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UK House Prices Show 2.8 per cent rise

Building Finance News:- Annual house prices for the three months leading up to the end of February showed a year-on-year rise of 2.8 per cent, according to the Halifax House Price Index. The latest quarter revealed a 1.8 per cent rise compared with the previous three months and February saw a 5.9 per cent increase in prices compared to January. The new figures take the average price of a house in the UK to £236,888. Building Finance by HZA Halifax's [...]

By |2021-11-13T10:24:55+00:00March 7, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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HURLINGHAM RETAIL PARK DEVELOPMENT is due to start

PROPERTY DEVELOPMENT NEWS:- The redevelopment of the HURLINGHAM RETAIL PARK is being planned. The target is to provide retail, residential units and office with associated landscaping, parking and works. The address of the redevelopment site is Hurlingham Retail Park, 1-3 Carnwath Road, Fulham, and London, SW6 4SS. The tender has been approved and the estimated value of the site is currently £60M.  It is being governed by the council of Hammersmith and the project is due to start by the [...]

By |2021-11-13T10:25:03+00:00March 7, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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HARLOW PRIORITY ESTATES PROJECT Construction Started

Refurbishment Loans News:-The building of the HARLOW PRIORITY ESTATES – THE BRIARS, COPSHALL CLOSE AND AYLETS FIELD have been started at The Briars, Aylets Field, Copshall Close, Harlow, Essex, CM18 7DG. The main plan is to regenerate the building which will provide development to the 343 dwellings. This is being done due to the demolition of the bungalows with new community centre. Parking will be associated and infrastructure will be provided to access the estate roads. The detail planning is [...]

By |2021-11-13T10:25:16+00:00March 6, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Hurlingham Retail Park Development

Building Finance News:- An extra 21,000 new homes are expected to be built over the next 12 years in Newcastle under new development plans for the North East. Lower, Middle and Upper Callerton, Kingston Park, Newbiggin Hall and Newcastle Great Park have been identified as key growth areas. In May the mayor for the new devolved authority of Newcastle, North Tyneside and Northumberland will be elected. The new council is set to bring an extra £600m of investment to the [...]

By |2023-02-23T14:45:13+00:00March 6, 2019|Planning News, Blog, Finance News, Projects|0 Comments
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Construction Activity Declines for First Time in 11 Months

House building increased for the 13th month running but was the only sector in construction to show growth in February, according to the Purchasing Managers' Index. UK building companies said their business activity dropped in February ending a ten-month expansion. The decrease in construction work was led by reductions in commercial building and civil engineering activity. Residential Development Finance Tim Moore, economics associate director of IHS Markit, which compiles the index, said clients were delaying decision making on building projects. [...]

By |2021-11-13T10:25:29+00:00March 5, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Parents Prefer Apprenticeships to Degrees, Claims FMB

Property Development Finance:- Rolling up your shirt sleeves and learning a practical trade has the edge over going to university, according to the Federation of Master Builders, FMB. The Federation surveyed 2000 adults to find out their views on education to mark National Apprenticeship Week, March 4 to 8. Property Development Finance They found 25 per cent of respondents would rather their offspring signed up for an apprenticeship compared with 24 per cent in favour of studying for a degree. [...]

By |2021-11-13T10:25:41+00:00March 5, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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CHELSEA WATERFRONT- 112 Flats Construction Started

Bridging Loans  News:-The construction of CHELSEA WATERFRONT- LOTS ROAD PLOT HS3, HARDWICK HOUSE-112 FLATS is being done at Former Power Station, Lots Road, Chelsea, and London, SW10 0QD. The main scheme is building 112 flats with associated parking and landscaping. The detail planning has been granted and the subcontract has been awarded. The price of the site is roughly £26M. Kensington and Chelsea council are looking after the construction. The project has started on May 2017 whereas the tender was [...]

By |2021-11-13T10:25:47+00:00March 4, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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Chippies and Bricklayers Should be Encouraged to Migrate to the UK

Development Finance News:- Building trade bodies have called on the Government to prioritise migration of key construction workers once the UK leaves Europe. Bricklayers, carpenters, engineers, electricians, planners, plant operators, production managers, surveyors and structural engineers are among the 18 skilled roles in short supply. Build UK, the Federation of Master Builders, the National Federation of Builders and Chartered Institute of Building, CIOB, are some of the nine organisations asking for these roles to be added to a shortage occupation list. [...]

By |2021-11-13T10:25:53+00:00March 2, 2019|Projects, Blog, Finance News, Planning News|0 Comments
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House Prices see Modest year-on-year Growth for Feb

Residential Development Finance News:- Annual house prices increased by just 0.4 per cent for the year finishing at the end of February 2019, according to the Nationwide index. However, there was a slight 0.1 per cent dip in house prices for February with the average figure at  £211,304 compared with  £211,996 in January. Nationwide's chief economist, Robert Gardner said: "Measures of consumer confidence weakened around the turn of the year and surveyors reported a further fall in new buyer enquiries [...]

By |2021-11-13T10:25:59+00:00March 1, 2019|Finance News, Blog, Planning News, Projects|0 Comments
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