Smaller housebuilders urged to lobby MPs to make building safety levy fairer

New levy on top of existing developer tax is unnecessary SME housebuilders are being encouraged to lobby their local MPs to support a campaign for the building safety levy to tax product manufacturers. Product manufacturers, especially those involved in the Grenfell Tower disaster, should pay Housebuilders constructing schemes of less than 50 homes should be exempt Levy will add between half to one per cent on the sale cost of a home Smaller housebuilders urged to lobby MPs to make [...]

By |2025-03-27T16:59:07+00:00March 26, 2025|Blog, Development Finance Lenders, News|0 Comments

Planning reforms leave SME housebuilders out of the picture

Unclear how proposed changes will work The building industry has described reforms to planning as a step in the right direction but lack of dedicated small sites for development and planning fee increases still pose major challenges for SME housebuilders. Smaller sites should be included in local housing plans Statutory consultees scope to be curtailed Judicial reviews to be streamlined Planning reforms leave SME housebuilders out of the picture Builders won’t be getting ‘shovels in the ground quicker’ to build [...]

By |2025-03-14T15:18:28+00:00March 14, 2025|Blog, Development Finance Lenders, News|0 Comments

Housebuilders back ban on leaseholds for newly built flats

Commonhold set for mixed-use developments Housebuilders back plansfor commonhold ownership for new build flats claiming this will boost urban density by giving consumers confidence to buy such properties. Commonhold would ban leases giving residents outright ownership Mixed-use developments with offices or shops could be included Commonhold is widespread for apartments in Scotland, Europe and the US Housebuilders back ban on leaseholds for newly built flats Housebuilderssupportplansto ban leaseholdson new flats and mixed-use developmentsas they say it will help the government [...]

By |2025-03-06T16:56:46+00:00March 5, 2025|Blog, Development Finance Lenders, News|0 Comments

Heat pumps for half of the UK’s homes unlikely unless nation adopts air-to-air systems

SMEs could be hardest hit by shortage of installers Ambitious targets for half of the UK’s 28m housing stock to have heat pumps by 2040 will be difficult to realise without more qualified installers or government support for the easier to instal air-to-air pumps. 70,000 people are qualified to install air-to-air heat pumps Just 2,000 are qualified to install air-to-water systems Government boiler replacement grants should be extended to all types of heat pumps Heat pumps for half of the [...]

By |2025-02-26T15:16:52+00:00February 26, 2025|Blog, Development Finance Lenders, News|0 Comments

Housebuilders expand training to boost female site manager numbers

Programme offers on-site two-week placement The housebuilding industry hopes its latest site manager course will go some way to redressing the gender imbalance where just four per cent of people in this role are women. 16 per cent of the workforce are female but only four per cent are site managers Eleven major housebuilders are supporting training programmes to increase numbers 52 sites across England, Wales and Scotland will be offering hands on experience Housebuilders expand training to boost female [...]

By |2025-02-19T14:21:29+00:00February 19, 2025|Blog, Development Finance Lenders, News|0 Comments

Housebuilders of smaller low-rise developments to be caught up in safety levy

Southeast housebuilders could be particularly badly hit SME housebuilders are concerned they will be caught up in the new building safety levy to be introduced in September for cladding remediation, yet for-profit housing developments tied to the public sector will be exempt. For-profit housing built by housing associations will be exempt Sites of ten plus homes will be liable Fear that four per cent tax on annual profits of over £40m will be lowered to £10m Housebuilders of smaller low-rise [...]

By |2025-02-15T16:52:55+00:00February 12, 2025|Blog, Development Finance Lenders, News|0 Comments

Government urged to review green belt with SME developers in mind

An influential committee has written to the government urging them to consider how they can help SMEs when drawing up guidance and criteria for green belt reviews. Identity of grey belt sites lost in wider green belt reviews Grey belt sites lose allure for SME developers Green belt reviews should focus on helping SMEs Government urged to review green belt with SME developers in mind SME builders should be at the forefront when reviewing the green belt, the house of [...]

By |2025-02-05T15:00:17+00:00February 5, 2025|Blog, Development Finance Lenders, News|0 Comments

More planning officers needed to hit 1.5m new homes target

A lack of planning officers could be one of the biggest obstacles for hitting the Government’s target of 1.5m new homes by 2029, warns the Homebuilders Federation. 2,200 planners needed to speed up applications 80 per cent of councils are operating below capacity Most major planning applications exceed 13-week timescale More planning officers needed to hit 1.5m new homes target Building 370,000 new homes a year is unattainable unless the Government funds training and recruitment of more planning officers, the [...]

By |2025-01-29T16:30:37+00:00January 29, 2025|Blog, Development Finance Lenders, News|0 Comments

Environmental restoration fund to replace restrictive nutrient neutrality rules

The Government is pinning its hopes on a new environmental restoration fund to replace restrictive environmental rules stalling housebuilding and major infrastructure projects. 74 local authorities have protected sitesacross 27 water catchments Up to 150,000 new build homes have been halted Environmental restoration fund hoped to speed things up Environmental restoration fund to replace restrictive nutrient neutrality rules Nutrient neutrality rules blocking tens of thousands of new home builds will be replaced with a restoration fund, environment secretary Steve Reed [...]

By |2025-01-24T13:49:45+00:00January 22, 2025|Blog, Development Finance Lenders, News|0 Comments

House sales expected to risefollowing price dip and imminent stamp duty increases

Developers are expecting to see more property sales as buyers attempt tobenefit from a recent dip in house prices and beat the new lower stamp duty thresholds in April. Average house price in England and Walesis£290,000 November’s figures show a 0.4 per cent month-on-month decrease Bank of England base rate cut of 0.25 per cent expected next month House sales expected to risefollowing price dip and imminent stamp duty increases Developers are optimistic that house sale volumes will grow in [...]

By |2025-01-19T06:06:46+00:00January 19, 2025|Blog, Development Finance Lenders, News|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

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