‘Location, location’ no longer key for house-hunters

An office and a garden have overtaken closeness to a station, shops and restaurants when it comes to choosing a new home, according to research commissioned by Wayhome. Censuswide surveyed 2,175 renters and homeowners revealing people’s priorities had changed with space and closeness to parks becoming the most enticing qualities of a property. Wayhome chief executive Nigel Purves said: “When you’re narrowing down your search for the perfect home to rent or buy, most of us will have a wish-list, [...]

Remove barriers but keep a national green retrofit strategy, urge builders

Companies doing globally accredited eco refurbs should be able to do green retrofit work on UK homes and buildings immediately, advises the National Federation of Builders, NFB. The trade body argues poor take-up of the troubled green homes grant scheme was due to a complicated TrustMark accreditation system requiring PAS 2030 excluding lots of qualified tradespeople. NFB housing and planning policy head Rico Wojtulewicz said if the government had listened to the construction industry the scheme could have worked. “They [...]

Desire for more space fuels spike in house prices

Detached properties have seen an 8.6 per cent year-on-year house price rise according to the latest figures by the Office of National Statistics, ONS. Overall house prices rose annually by 7.5 per cent in the year to January 2021 bringing the average UK property value to £249,309. “Recent price increases may reflect a range of factors including pent-up demand, some possible changes in housing preferences since the pandemic and a response to the changes made to property transaction taxes across [...]

Building renovation passports should replace EPCs, urge MPs

The UK’s net-zero carbon target for all homes by 2050 is unlikely to be met without a major overhaul of the current system, warn MPs. The House of Commons environmental audit committee estimates decarbonising UK homes by 2050 will cost £342bn – way above the government’s estimates of between £35 to £65bn. Environmental audit committee chairman Philip Dunne, MP, said: “Realism needs to be injected into the government. A much better understanding of cost, pace, scale and feasibility of skills [...]

Groundwork starts on £6bn North London regen scheme

Construction of roads, bridges, cycle lanes, water, gas and communications to service the 10,000 homes set to be built at Meridian Water in Edmonton will start later this month. Enfield council has entered a framework agreement with Vinci Taylor Woodrow, BamNuttall and VolkerFitzpatrick to deliver the £90m works. Council leader Cllr Nesil Caliskan said: “Successfully delivering the infrastructure on the site will be a major step forward in what will be a transformational plan for the area, providing homes, jobs [...]

Up to 320,000 new building jobs needed to hit net-zero emissions

A plethora of new construction roles from glaziers to gas fitters and ventilation contractors to plumbers need to be created over the next seven years for the UK to be carbon-free by 2050. This is according to the Construction Industry Training Board, CITB, latest analysis Building Skills for Net Zero. The forecast is based on modelling the skills profile of the workforce required to deliver net-zero using climate change committee data. It estimates by 2028, additional decarbonisation work will have [...]

Homes on a grand scale set to radiate from HS2 station

New sites for 25,000 homes around west London’s Old Oak Common HS2 station are being proposed following the collapse of negotiations over the Cargiant site. The Mayor’s Old Oak and Park Royal Development Corporation, OPDC, has submitted a revised draft local plan after a planning inspector told them in 2019 their housing estimates were too large. London’s mayor Sadiq Khan said: “I look forward to seeing this plan adopted and a healthy and inclusive new district emerge in this important [...]

Homes England under pressure to ‘level up’

Homes England’s emphasis on being a housing delivery agency is expected to change to one involving a greater focus on regeneration. The Times newspaper has reported Homes England’s chairman Peter Freeman, co-founder of developers Argent famous for the successful regeneration of King’s Cross, is to conduct the review. The agency has been criticised for focussing on developing land in places where houses are expensive to buy. Its 2018 strategy set out that 50 per cent of its funding should go [...]

Budget omits VAT cut on green home improvements

SME builders are disappointed with chancellor Rishi Sunak’s decision not to include a VAT cut on green home improvements in the latest budget. The Federation of Master Builders, FMB, described it as a glaring omission of a long-term plan to make homes greener. FMB chief executive Brian Berry said: “The chancellor has missed an opportunity to show global leadership with a long-term plan to make our homes greener, healthier, and more affordable to run. “The government’s commitment to green growth [...]

Slash VAT on home upgrades and generate jobs, urge FMB and RICS

A cut in VAT from 20 to 5 per cent in home improvements over the next five years would create 345,000 new jobs and pump £51bn into the economy, according to new research. CBI Economics analysis discovered the cut would offer an extra £25bn in goods and services to the UK economy at a cost of £2.8bn to the government in lower fiscal contributions. The survey, conducted for the Federation of Master Builders and the Royal Institution of Chartered Surveyors, [...]

Builders call for job saving tax breaks in Budget

SME builders are pressing the chancellor Rishi Sunak to offer a series of important tax cuts to boost employment and address dwindling workloads. The Federation of Master Builders, FMB’s state of the trade survey shows 27 per cent of respondents were experiencing lower workloads in the last quarter of 2020 compared with 21 per cent in the third quarter. Drops in the industrial or commercial sector were particularly sharp with 40 per cent reporting lower workloads. FMB chief executive Brian [...]

Oxford-Cambridge arc to be UK’s answer to the Silicon Valley

A spatial framework mapping out the route for the Oxford-Cambridge arc to expand dramatically with more than one million new jobs is being proposed by the government. Forecasts suggest with the right investment economic output could grow from between £80.4 billion and £163 billion a year with between 476,500 and 1.1m extra jobs by 2050. Housing minister Christopher Pincher said: “The Oxford-Cambridge Arc is already home to world-leading economic, cultural and scientific assets. “We know for instance Cambridge’s rate of [...]