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Construction output shows signs of recovery According to the latest ONS stats, construction is seeing the green shoots of recovery, fuelled by rising demand for new homes. Construction output grew by 0.9% in the month-on-month all work series in January 2021; this return to monthly growth follows the 2.9% decline in December 2020. The level…
Number of homes built on flood plains could rise 50% Flooding puts people’s homes, well-being and livelihoods at risk, and can impact food supply and destroy natural habitats, the Public Accounts Committee has warned. More extreme weather as a result of climate change and increased housing development will continue to increase the UK’s flood risks.…
Urban Splash expands modular portfolio with new house type The modern housebuilder, House by Urban Splash, has introduced a new typology to its portfolio of modular housing. Row House brings a bold new aesthetic to the market, with a range of three typologies and loads of customisable options for house-buyers to choose from – with one design including its own rooftop…
New online proptech engine to tackle development finance for SMEs A new Proptech online engine has been launched to help eliminate the growing problem of development finance for SME developers by providing a Sales Guarantee to purchase new homes built by SME housebuilders. Access to finance is becoming a growing problem for SME housebuilders with The Federation of Master…
Retirement housing adds the most economic value to communities The Chancellor has been urged to harness the spending power of older people as a new report shows how people living in retirement housing can help to revitalise our high streets after the Covid-19 pandemic. With many retirees increasing their savings since the virus hit, the…
Four ways buildings must adapt to meet climate targets Christian Deilmann, Co-founder and Chief Product Officer at tado° outlines the measures needed to meet Europe’s and the UK’s climate targets. Heating and cooling in buildings and industry accounts for half of the energy consumption, and governments across Europe and the UK have begun to recognise the…
Aster Group secures £250m bond to fund affordable housing Housing association Aster Group has priced its first £250m Sustainability Bond under the group’s new European Medium-Term Notes (EMTN) programme with the proceeds bolstering its fund for developing new affordable housing. The 15-year bond, which was four times oversubscribed, comprised £200m immediate funding and a further…
Student develops AI software to detect archaeological sites for planners Revolutionary software that leverages artificial intelligence to automatically detect archaeological sites for construction planners will be unveiled at CES 2021, the world’s largest and most influential technology exhibition. ArchAI, founded by archaeologist-turned-computer scientist Iris Kramer, uses technology developed during Iris’ PhD in deep learning and…
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