Housebuilding in Ireland is bouncing back with the purchasing managers´ index posting a buoyant 55.8 for June. The figure was a ten-month high for the sector - well above the 50 breakeven level and a sharp improvement on May´s reading of 21.4. Ulster Bank chief economist Simon Barry said: “Overall, the June index is an encouraging sign that the construction sector is now more clearly in recovery mode following the easing of restrictions which took hold during May.” The headline [...]

Vouchers of up to £5,000 for homeowners to make their properties energy efficient will encourage more builders to go green, claim leading figures in the industry. The chancellor Rishi Sunak has announced a £2bn grant scheme, as part of a wider a £3bn plan to cut emissions, which the treasury claims could support more than 100,000 jobs. Construction trade bodies have welcomed the grants for retrofits such as insulation, double-glazing and heat pumps. They are optimistic this will encourage more [...]

The deadline for making a start on an affordable housing scheme has been pushed back to March 2023, the government has announced. Housing secretary Robert Jenrick said the original deadline of March 2022 will be extended by 12 months to give housing associations and councils more flexibility. “Building the homes´ the country needs is central to the mission of this government as we prioritise uniting and levelling up the country,” he said. It´s estimated the building of 53,000 affordable homes [...]

Builders can get closer onsite and food is back on the table Builders have the flexibility of working one-metre apart with carewhere two-metres is not viable and on-site canteens are now allowed. The latest version of the Construction Leadership Council’s site operating procedures asks construction firms to consider increasing the size or number of eating facilities. “Canteens that have been closed or offered a restricted service may now open,” said the guidelines which contain a checklist of measures. These include [...]

Property Loans News:- Housing developer BoKlok has gained unanimous approval from Bristol city councillors to build 173 family homes on 5.17 ha of land along Airport Road in Knowle West. The developer, owned by Skanska and Ikea, will use modern methods of construction to build the homes off-site with the project expected to be finished by 2021. BoKlok UK managing director Graeme Culliton said: “Throughout the evolution of this project we have partnered with the local community, Bristol city council, [...]