Pre-fabs Set to Scale

Traditionally looked down on as a cheap post-war housing solution, pre-fabs could account for up to a quarter of all new homes, according to a new policy paper. The report Build Homes, Build Jobs, Build Innovation proposes a fast-track investment to construct 75,000 modular homes off-site a year by 2030. The paper is co-authored by Mark Farmer, who was appointed government champion of modern methods of construction last year. “Modular manufacturing is the single biggest gamechanger when it comes to [...]

Red tape and tax cuts to revive coastal cities

Attracting developers post Brexit to invest in the country’s seaside towns and cities by offering one point of contact is behind the government’s new coastal agreement. The government has revised the coastal concordat of seven years ago to make consenting development easier and to promote sustainable growth. The National Federation of Builders housing and planning policy head Rico Wojtulewicz said: “Due to being hemmed in by greenbelt and the sea, coastal regions often have trouble growing in size and stimulating [...]

Restaurant owners appreciate landlord’s advice to ‘pay employees’ instead of rent

Connor Kus at Hank Zarihs – In times like this deciding to close or change the way you do business might not be the best choice in the long run, Clay Young wanted to make it a bit easier for his tenants.   His company has decided to put their money where their mouth is when it comes to helping tenants in this daunting time by “not expecting its restaurant tenants to pay April’s rent”   City Wok, Main street [...]

New homes should be built for all ages

Homes with fewer steps, wider corridors and easier access for wheelchairs are being suggested in a consultation paper released yesterday. The government estimates the number of people in England over 85 will nearly double to 3 million by mid-2043. Housing secretary Robert Jenrick said: “It’s vital we start building more accessible housing for older and disabled people now. People are living longer lives and the proportion of older people in the population is increasing.” Currently, all new homes must meet [...]

York’s multi-million regeneration scheme gets £77m boost

One of England’s largest brownfield regeneration projects York Central has gained government funding for a connecting bridge and access road moving the project a step closer to realization. Up to 3,705 homes and up to 1.2m sq ft of commercial development space is set to be built on 45 hectares of brownfield land near the city’s National Railway Museum. York City Council leader Cllr Keith Aspden said: “The funding is a vital step to unlocking a £1.16bn boost to our [...]

Neighborhood planning in urban areas to get funding boost

Communities in inner-city and deprived areas are going to get a major cash injection of £18,000 for neighbourhood planning. Housing secretary Robert Jenrick’s announcement follows criticism that government proposals to shake-up the planning system will undermine democracy. The government also announced it is providing neighbourhoods access to free technical expertise for topics such as assessing their area’s housing needs or developing masterplans. Mr Jenrick said: “The government is overhauling the country’s outdated planning system to deliver the high-quality sustainable homes [...]

Smaller builders back moves for a quicker planning system

SME developers are to take centre stage in the drive to build more beautiful new homes, the government has announced. It has said they would be key players in a zonal planning system outlined in a white paper released today where land will be earmarked for development, renewal or protection. According to government figures, the proportion of new housebuilding by smaller builders is 12 per cent compared with 40 per cent 30 years ago. Housing secretary Robert Jenrick described the [...]

Accreditation for new £2bn green retrofits launched

Builders must sign up for a government-backed seal of approval to take part in the new £2bn green home retrofit grants going live at the end of September. It is hoped the initiative will generate 100,000 new jobs as over 600,000 households in England are expected to take up the vouchers, worth up to £5,000, to install insulation, heat pumps, draft proofing. The chancellor Rishi Sunak said: “This is a vital part of our plan for jobs as we secure [...]

Extend help-to-buy deadline, urge builders

Housebuilders are calling on the government to push back the deadline for help-to-buy in the wake of the Covid-19 lockdown. They said while the chancellor Rishi Sunak´s changes in stamp duty would help the market in the short-term a key stimulus to get things going would be ease of getting a loan. Redrow chief executive Matthew Pratt told Construction Index: “Despite the home building industry coming to a standstill for the best part of the last three months, the help-to-buy clock [...]

NEC-SOLIHUL Project – An Upcoming Hub for Technology

Instant Bridging Finance:- A futuristic project on an incredible location is on the way in Birmingham area. The site is former National Exhibition Centre on Marston Green, Birmingham. This lucrative project is named as NEC-Solihull project. This project has designs on providing 315,000 sq m of floor space for businesses along with 2500 residential spaces. HANK ZARIHS ASSOCIATES is always willing to provide instant bridging finance for this kind of projects by facilitating debt and equity for professional investors and [...]

By |2021-11-13T10:14:33+00:00November 29, 2018|Fast Development Finance, Blog, Planning News|0 Comments

South West Councils’ Merger Signals Property Development Boom

Property Development Loans: Dorset hopes to compete with Bristol and Southampton on business terms by combining three of its borough councils next April. The future merger of Bournemouth, Christchurch and Poole councils into a single unitary authority known as 'Urban Dorset' could create a flourishing economy, according to research by Savills. Property Development loans Research analyst Lucy Greenwood said:" We expect Urban Dorset will need to produce a new local plan when it becomes a new unitary authority. Alongside the existing local [...]

By |2021-11-13T10:14:47+00:00November 26, 2018|Finance News, Blog, Fast Development Finance, Planning News|0 Comments