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Who Provides Road & Sewer Bonds? When you are looking to get a road and sewer bond, you may have a number of questions, and who will be the provider of the road and sewer bond is one of these. This article will answer this question, as well as other questions you may have…
If you’ve ever wondered how long it takes to get a surety bond for road and sewers, whether anything can slow down the process, or even why surety bonds are so important for road and sewer bonds, all will be explained in this article. At RS Bonds, we work closely with contractors and developers…
Trying to obtain Road & Sewer bonds from warranty providers can prove to be difficult at times, especially for SMEs. This is because the criteria for warranty providers can be somewhat heightened in comparison to insurers. Warranty providers focus primarily on underwriting warranty and insolvency cover on developments and therefore are not fully dedicated to…
For all developments within the UK and Ireland, road & sewer bonds are not just a safety blanket, they are also a legal requirement when the developer wishes to transfer responsibility for a road or sewer to the local authority or water company. Therefore, not obtaining the correct bonds can not only leave you financially…
Road and sewer bonds are a legal requirement for all developments across the United Kingdom where housebuilders wish to transfer responsibility of a road or sewer to the local authority or water company that adopts the road or sewer. However, a lot of new developers can typically be unaware of the exact type of bonds…
We are thrilled to announce that our latest RS Bonds Surety ad in the April Edition of the Housebuilder Media Magazine has now gone live! Check out our Ad below or follow the link to see us on p38-39 of the magazine:
We are very pleased to announce that RS Bonds Surety have been shortlisted for The Best Newcomer Award at The British Insurance Awards. This achievement means a lot to us as it is something we have been striving for after further validating our increased presence in the Surety and Construction market. This shortlisting has been recognised…
The Home Builders Federation has released this year’s results from the National New Homes Customer Satisfaction Survey (CSS), with 41 housebuilders receiving a five-star rating. The CSS is a self-completion census filled out by new build home buyers, with results published annually every March. This year, just over 60,000 forms were completed, which means that…
Barratt David Wilson Homes (BDW) is celebrating some of its top team members across the country as part of Women in Construction Week (5-11 March). Somerset-based Syd Atifeh and Laura Lloyd are flying the flag for women in construction in two very different roles. Syd (pictured top left), aged 26, came into the industry via…
New market analysis by property lending specialists, Octane Capital, reveals that recent uncertainty in the property market during the closing stages of 2022 has led to mortgage approvals declining by 20% in the past year. Conversely, remortgaging approvals have soared as existing homeowners stay put and look to stabilise their financial foundations by borrowing more. The…
Award-winning housebuilder Hayfield has reached a significant milestone at its first EPC A-rated development by opening a new show home. Hayfield’s goal for the development was to demonstrate that sustainable living need not compromise on luxury. Only 2% of new builds achieve an EPC A rating, with a typical existing home averaging a D rating.…
The Help to Buy practical completion deadline has been extended until March 17, giving housebuilders an additional six weeks to complete houses bought under the scheme. This follows a previous extension announced in December by housing minister, Lucy Frazer, pushing the deadline from 31 December 2022 to 31 January 2023. But with the deadline looming…
Countryside Partnerships has reached a deal with Torus, the Liverpool-based housing association, for a £400million development in Warrington that will create around 1,200 homes. The 170-acre Pell Hall site will see 1190 houses built, half of which will be affordable homes split evenly between shared ownership and affordable rent, and the other half for private…
Amendments to the Building Regulations 2010 now mean that nearly all new homes built in England must be fitted with gigabit broadband infrastructure and connections during construction. The update means that housebuilders in England are legally required to future-proof new homes for next-generation gigabit broadband. A connection cost cap of £2,000 per home will be…
As 2022 draws to a close, it’s safe to say that the housebuilding industry has had its fair share of trials and tribulations to overcome this year. We’ve witnessed multiple prime ministers and housing secretaries come and go, the country enter recession and local housing targets scrapped, and that’s just in the last few months…
Bargate Homes has launched Heritage Place – a £97million scheme that will deliver 322 eco-focused family homes and the final phase of the North Stoneham Park on the outskirts of Eastleigh, Hampshire. Heritage Place will include a range of three, four and five-bedroom semi-detached and detached homes, with Bargate Homes, a subsidiary of affordable homes…
New research from property developer, Anwyl Homes, has revealed the demographics that are most likely to consider moving in light of the recent cuts to Stamp Duty, which are due to end in early 2025. The data shows that 30% of first-time buyers, either those who currently live in private rented accommodation, social housing, and/or with friends…
RS Bonds Surety were nominated for Sub-Contractor/Services Provider of the Year at the 2022 Housebuilder Award, resulting in us receiving the Highly Commended Award, which is an incredible achievement! Our team thoroughly deserved this as they have been putting in the hard work all year, and we are delighted that our efforts have been rewarded.…
Cala Homes (East) has confirmed an agreement worth £2.995million with Manor Estates Housing Association (MEHA) to deliver much-needed affordable homes ahead of schedule. The developer has recently started construction on its Queensferry Heights project on land made available after the Queensferry Crossing’s completion, and will partner with MEHA to deliver 19 homes, comprising 15 mid-market…
City of York Council has secured Homes England funding to increase affordable housing from 40% to 60% at its first two Passivhaus Housing Delivery Programme sites. Originally, 40% affordable housing was planned for the 34 homes at Duncombe Barracks in Clifton, and the 78 homes at Burnholme in Heworth, over twice as much as required…
Barratt has today released a trading update disclosing that private reservations have fallen below last year’s levels as the combination of economic uncertainty, interest rates rising and the cost of living crisis begin to impact customers. Between July 1 and October 9 2022, Barratt said net private reservations per average week were 188 (FY22: 281)…
Redrow has acquired its first site just outside of Deal, one of Kent’s most popular seaside towns. The 13.8-acre site has outline planning consent and will see 153 homes built, with a total GDV of £69million. The parcel of land was purchased from Quinn Estates and is located on the north-western edge of Deal. The proposals…
Build-to-rent specialist Wise Living, in partnership with developer Strata Homes, has recently launched its first development in East Yorkshire. This adds to their expanding portfolio in Northern England – with homes already in Birkenhead and coming soon to Rotherham. As UK house prices hit a record high for a fifth consecutive month, the new Dream development…
Joseph Homes has completed a deal with Southern Housing Group to deliver the residential phase of its Parkhouse Street development with 100% affordable housing. The scheme, championed in the planning stages for its green credentials, will continue to honour the impressive sustainable measures approved by The London Borough of Southwark to provide energy-efficient affordable housing…
“As the industry faces the biggest adjustment the UK housing market has ever seen, and may ever see, it’s never been more important for new build heating systems to work in harmony”, commented Joanna Crown, marketing director at WMS, a leading supplier and installer of underfloor heating systems for new build developments in the UK. The low water…
Scotland’s housebuilding sector appears to be putting the pandemic behind it, with a 26% rise in new homes. There were 20,056 all-sector new build homes completed in Scotland in the year to end September 2021, according to quarterly statistics on housebuilding and affordable housing supply published today by Scotland’s Chief Statistician. Chief Executive of Homes…
Price of new build property coming to market hits a record of £384,738, up by 7.2% from the same period last year. Nationwide, the number of people searching for new build properties is 8% higher in May than in April. Overall, search activity levels remain strong and – following a 7% decrease in April as…
Annual UK house price growth slowed modestly in May to 11.2%, from 12.1% in April, according to the latest Nationwide House Price Index. Prices are up 0.9% month-on-month, after taking account of seasonal effects. Robert Gardner, Nationwide’s Chief Economist, said: “May saw a slight slowing in the rate of annual house price growth to 11.2%,…
Rising costs and lack of skilled professionals hindering construction’s efforts to digitise and meet ESG goals, according to RICS. Chartered surveyors across the world have highlighted that cost and a lack of skilled professionals are not only hampering workloads but are also holding back the construction sector from progressing in terms of innovation and sustainable…
A series of interest rate hikes in recent months has seen mortgage rates more than double since their historic low in October 2021. The Bank of England’s Monetary Policy Committee voted to increase the base rate to 1% in May, the fourth consecutive rise since December last year, and the highest level it has reached…
Some of the country’s largest housing developers have agreed to work with the Scottish Government and others to address cladding issues, giving affected homeowners a clear path to ensuring their homes are safe. Under the Scottish Safer Buildings Accord, developers will be expected to fund works to properties they built to address safety issues identified…
UK construction companies reported another strong rise in business activity during April, but the speed of recovery lost momentum amid weaker new order gains, according to the latest Construction PMI. Survey respondents noted that higher costs and worries about the economic outlook had started to act as a brake on demand. Signs of a slowdown…
The results of the 2022 edition of the annual New London Architecture (NLA) London Tall Buildings Survey, published in partnership with global property consultancy Knight Frank, indicate a downward trend in London’s tall buildings with applications down 13.3% over the previous year. The annual survey – now in its ninth year – provides the only…
Prime regional prices grew at their strongest annual rate since Q3 2009 in March, taking average values to a new high, according to Knight Frank. The annual change was 11.3%, which was up from 10.6% in December. On a quarterly basis, prices increased by 3.5%, which was the strongest rate since Q2 2021. It lifted…
Hundreds of families across Dorset, Hampshire and Somerset will be moving into brand new homes over the next five years thanks to a multi-million-pound finance package from the Government’s Levelling Up Home Building Fund and HSBC UK. The finance package sees Homes England and HSBC UK working in partnership to provide funding that will enable…
Bellway has completed the purchase of land from Homes England in Milton Keynes, where it will adopt new building technology for the first time in the UK, speeding up the build process with some homes built on a factory production line. Bellway will build 160 homes using Modern Methods of Construction on the 9.2-acre parcel…
Strutt & Parker maintains UK house price forecast as buyer competition remains strong against ongoing lack of supply. Strutt & Parker has maintained its UK house price forecast for 2022, despite new pressures presented by recent interest rate rises and inflation. The property consultancy’s latest forecast shows UK property prices remain on course to grow…
Tough new measures that will force the industry to pay to remove cladding have been unveiled by Secretary of State for Levelling Up Michael Gove. The government will be able to block planning permission and building control sign-off on developments, effectively preventing them from building and selling new homes. The proposals will see the industry…
Moorfield Group, the UK-focused real estate fund manager, on behalf of its Moorfield Real Estate Fund IV, has agreed to forward fund an 81 bed best-in-class co-living scheme near Ealing Broadway, West London, for £21 million. It represents Moorfield’s entry into the fast-growing London co-living sector, which is expected to be a beneficiary of demand…
Towns and cities across the country will be transformed thanks to a radical new regeneration programme that will breathe fresh life into disadvantaged communities, a government statement has said. Under plans set out in the Levelling Up White Paper, due to be published next week, derelict sites in towns and city centres will be transformed…
The second edition of the Property Trends Report for Scotland, as published by Landmark Information Group, has identified the residential property industry has become more closely aligned to pre-pandemic 2019 volumes, yet a continued lack of new listings has the potential to place pressure on available property stock levels and house prices. The cross-market trend analysis for the…
Legal & General announces that it has acquired a new suburban build-to-rent (SBTR) scheme in Great Haddon, Peterborough – to deliver 117 new family rental homes. Legal & General’s SBTR arm, which launched at the end of 2020, is now scaling a portfolio of large scale ‘single family’ rental communities in suburban locations across the…
The Built Environment Committee has published its report, ‘Meeting housing demand’, which concludes that the Government must address barriers to building much needed new homes. Too many people currently live in expensive, unsuitable, and poor-quality homes and housing supply needs to be increased to tackle the housing crisis now. Key points highlighted in the report…
One of the most comprehensive surveys of Small and Medium Enterprise (SME) housebuilders in the UK, conducted by the Home Builders Federation (HBF), Close Brothers Property Finance and Travis Perkins has found: Planning remains a significant barrier to increasing housing delivery over the next 12 months, with 94% of SME housebuilders seeing delays in securing planning…
The New Homes Quality Board has published its New Homes Quality Code – the new code of practice for the housebuilding industry that aims to drive up the quality of new build homes and strengthen protections for customers. The publication follows years of work to agree a single code and a full public consultation on its initial…
Private new housing fell by over 7% in October, dragging construction output down by almost 2%, the latest ONS statistics show. Construction output fell 1.8% in volume terms in October 2021, this is the largest monthly decline since April 2020 when output fell by 41.7%; new work fell (2.8%) from September to October 2021 while…
The latest research by Birmingham estate and lettings agent, Barrows and Forrester, has found that despite the strong level of market activity seen in recent times, the average monthly number of property sales completing across Britain is still some -15.4% lower when compared to pre-Covid performance levels. The analysis of property transaction data shows that across…
A nurse and a police officer are among the first people to be helped on to the housing ladder through a new affordable home ownership scheme. The keyworkers from Bolsover, Derbyshire, are benefiting from the government’s First Homes scheme, which offers homes at a discount of at least 30% of the market price to local…
Housing association Optivo has signed a landmark £106.5m deal with Sage Housing, the UK’s largest provider of newly built affordable housing, to unlock vital funds for new affordable homes. Through the partnership, Sage Housing will purchase 420 new homes from Optivo’s development pipeline. Optivo will manage the homes and receive funds to invest in building…
Nearly 70% of Scottish housing associations use sustainable construction methods A new survey by the Scottish Federation of Housing Associations (SFHA) has found that its members are working to tackle climate change by using sustainable and highly energy efficient methods to build homes. The survey has been published as COP26 turns its attention to the theme of Cities, Regions and the Built Environment, with leaders focusing on the role of buildings in tackling climate change. The survey found that, of those respondents currently…
Lagan Homes acquires Cawrey Homes The acquisition marks an exciting new chapter for Lagan Homes England, part of the family-owned Lagan Homes Group. Operating in Northern Ireland, the Republic of Ireland and England, Lagan Homes Group is at the forefront of high-quality house building, with almost 40 years’ experience of building well designed homes to…
DGHP to build 150 new energy-efficient homes The new homes, at four sites across the region, are supported by the UK Government gas and electricity regulator, OFGEM. OFGEM’s Green Recovery Fund supports low-carbon projects. DGHP is working with Scottish Power Energy Networks (SPEN) on installing a new electricity sub-station to cater for the new homes.…
Bewley Homes secures £110m credit facility to fuel expansion plans Bewley Homes has secured £110m revolving credit facility from Lloyds and HSBC to expand the business over the next three years. Bewley Homes has extended its banking facility to £110m as the business underpins its expansion plans for the next three years. The housebuilder has…
Demand for new homes in the East Midlands surges by 46% The East Midlands is revealed as the fastest growing region for new home search in Britain, as the number of people searching for a new built property jumps by 46% in August. This is compared with an overall -10% decrease in new home search…
Allotments could provide space for 600,000 new homes England’s allotments could provide space for over 600,000 new homes, according to the latest research by the estate agent comparison site, GetAgent.co.uk. GetAgent’s research found that there are an estimated 4,554 allotments across the nation containing roughly 177,606 plots, each at an average size of 250 square metres. That’s…
RICS: Housebuilders face soaring costs and labour shortages The construction supply chain struggled to keep up with increasing new housing and infrastructure across the UK, the RICS Construction and Infrastructure Survey has found for Q2 2021. With total workloads showing strong growth after +38% (net balance) of respondents reported a rise, there were also problems…
Leaseholds on the rise with 8% growth in five years The latest research from Warwick Estates shows that leasehold homes are playing an increasingly significant role in the UK housing market after enjoying significant growth in the past couple of years. There is an increasingly common narrative around the housing market that leaseholds should be a thing…
Construction sector R&D investment outperforms other industries Construction sector R&D investment outperformed UK industry as a whole in first quarter of the year. R&D spending in the construction sector held firm in the first quarter of this year despite the disruption caused by the pandemic, analysis of the latest ONS data, released yesterday, by business…
Hill Group joins forces with two charities to tackle homelessness Three leading organisations have combined forces to launch a formidable new partnership today (28th June) to help single people experiencing homelessness get their lives back on track. Award-winning developer Hill Group, The Salvation Army and Citizens UK have together formed the SHC Partnership, following a £12m…
MPs hit back at government’s proposed planning reforms A new report from the Commons Housing, Communities and Local Government Select Committee has criticised Government’s proposed planning reforms, saying the proposals lack details and will fail to deliver more homes. “Our evidence has suggested there are problems with the three areas proposal,” the MPs said. “These…
77% of Brits want more new homes, but don’t support Growth Zones The latest research by Warwick Estates has revealed that almost 77% of people think that the government needs to build more homes, but if that means introducing Growth Zones or reclassifying Green Belt space, public support starts to dwindle. With an obvious and well-reported shortage…
Public urge housing providers to solve ugly tech According to new research from Zen Internet, potential homebuyers are fed up with ugly technology being on show. Almost three in five (57%) of those surveyed thought wires around the home were the most unsightly of the lot. This was closely followed by daisy chained extension leads (43%), whilst…
Lockdown loneliness softens perceptions of retirement living The independent living retirement market is seeing a surge in demand as over 65s embrace community living in search of new friendships and to revive their social lives. Following the lockdown, insights from the UK’s leading residential property service provider FirstPort, found a 15% increase in average monthly property…
Charity gets green light for modular homes to tackle homelessness A pioneering initiative to create a new community and help the city’s homeless and vulnerable men get back on their feet has taken a big step forward with plans submitted to Manchester City Council. Manchester-based charity, Embassy, has joined forces with regeneration business Peel L&P…
RIBA and Architects Declare launch call for climate action research The Royal Institute of British Architects (RIBA) and Architects Declare have launched an open call for research to present at the inaugural Built Environment Summit and to form accompanying report, which will be presented to global leaders at the 26th UN Climate Change Conference of the Parties (COP26). Co-hosted by…
Homes for Scotland secures political support for 25,000 new homes a year Homes for Scotland, the industry body representing c200 organisations across the Scottish home building sector, has secured significant political support for its own manifesto call for the delivery at least 25,000 new homes each year. The backing, ahead of this week’s election, from key…
Report shows disparity between perception and reality of retirement housing A cross-industry steering group, which included CIH, has highlighted a significant disparity between public perception and what’s actually on offer at retirement housing schemes. New research commissioned by law firm Shakespeare Martineau also shows clear issues with language and missed opportunities by the retirement housing sector’s marketing…
The Scottish property hotspots driving market performance Glasgow, Edinburgh and Fife are the current Scottish home selling hotspots according to the latest research by Keller Williams UK. Keller Williams UK analysed the Scottish market based on its performance over the last year, revealing where the most homes are selling, where has seen the highest level of…
Property predictions: what will the next 12 months bring? Last week marked a year since the shutdown of the British property market, which triggered arguably the most tumultuous 12 months in market history. Almost half a million home sales were suspended and service providers scrambled to mitigate the impending price falls – only for the furore…
Call for construction firms to harness technology post-Brexit The UK’s slow-to-change-its-ways construction industry needs to harness the power of technology to flourish in a post-Brexit world, according to one industry specialist. Dan Grimshaw says unless the majority of future new homes are constructed off-site, the government is unlikely to achieve its pledge to reach net…
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…
Planning granted for major modular homes scheme in Bristol Planning consent has been granted for Legal & General Modular Homes to deliver 185 homes in Lockleaze, Bristol. The scheme, which has been developed in conjunction with Bristol City Council, will see two-, three- and four-bedroom houses along with one- and two-bedroom apartments developed on land…
Owner occupation rates creep up over four years While owner-occupation rates did not increase between 2018-19 and 2019-20, rates are up slightly from 2016-17. Of the estimated 23.8 million households in England, 15.4 million or 65% were owner-occupiers in 2019-20, unchanged from 2018-19 but an increase from 63% in 2016-17. The last time 65% of…
9 in 10 say government must improve housing for older people A new survey published today shows that nearly 90% of people think the government should widen housing options for older people – including those with care and that more than half of older people are interested in moving but lack good local downsizing options.…
Vistry to reinstate dividend following strong trading Following strong cash generation and a significant reduction in leverage, Vistry’s Board are considering reinstating the FY20 dividend. “As stated in our trading update of 12 November 2020, the Group expects to deliver FY20 profit before tax at the top end of the range of £130m to £140m,…
What housebuilders need to know about the Spending Review The package to build more homes and level up communities across England includes: £7.1 billion National Home Building Fund to build more affordable, sustainable and beautiful homes across England; Funding to level up and strengthen communities, including new £4 billion Levelling Up Fund; More money for councils, with…
Housebuilders set to report 35% reduction in supply of new homes Housing completions are set to drop by at least a third according to new analysis by Close Brothers Property Finance, the specialist development finance provider. Housing completion levels (the number of homes built) by the seven largest UK housebuilders are down by 35% on average…
The steep rise in housebuilding keeps construction recovery on track UK construction companies reported a sustained recovery in output volumes during October, but the rate of expansion was the slowest for five months. This was signalled by a fall in the headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index to 53.1, from 56.8…
Architects push government for council housing revolution The Royal Institute of British Architects (RIBA) is calling on the Government to end the housing crisis by giving support and resource to local authorities to deliver the next generation of council housing across England. In a new report, ‘Homes for all: Putting council housing at the heart of…
New surety product enables housebuilders to utilise off-plan deposits London Belgravia is now offering a surety product that enables residential property developers with an off-plan sales strategy to use the received deposits towards the cost of construction. Deposit Release Bonds (DRB) provide developers with a low-interest source of working capital for their project. The bond…
Barratt becomes the first housebuilder to have carbon targets approved Barratt Developments, which is currently building more than 8,000 much needed new homes across the South West, has become the first major national housebuilder to have its science-based carbon emissions targets officially approved. The company, which owns Barratt and David Wilson Homes, announced its commitment…
Planners demand urgent clarification on funding The chief executive of the Royal Town Planning Institute has called for urgent clarification on how planning departments will be funded following yesterday’s announcement by the Treasury that it is scrapping its multi-year Comprehensive Spending Review (CSR). In a letter to Rishi Sunak, Victoria Hills, said that while she understood the…
Newhaven gets new modular council housing development A new modular council development in Newhaven, East Sussex, is being hailed as a ‘game changer’ for social housing and a window on the future of residential schemes. The entire development consists of 36 modules constructed within the Boutique Modern factory in Newhaven and craned into place. Families currently…
Two thirds of SME housebuilders lower growth projections One of the most comprehensive surveys of Small and Medium Enterprise (SME) housebuilders, conducted by the Home Builders Federation (HBF) and Close Brothers Property Finance, has found that: Two thirds of SME housebuilders (65%) have said their growth projections are down due to COVID-19 – close to…
Miller Homes recruitment supporting women in construction At Miller Homes’ headquarters in Yorkshire, the housebuilder is paving the way for female construction workers with a number of key roles now filled by women. With its extensive portfolio of live developments in its divisions across the UK, the housebuilder is welcoming an increased number of women…
CPA warns that the winter ahead will be ‘crucial’ for construction The CPA’s main scenario for construction output in 2020 is a 14.5% fall as the construction industry shows promising signs of recovery from the coronavirus pandemic. Demand for new private housing and private housing repair, maintenance and improvement (rm&i), as well as strong growth…
Investment in construction collapsed by a third during lockdown Business investment in the construction industry collapsed by 36% annually as the coronavirus pandemic ravaged the economy, analysis of latest official data by specialist tax relief consultancy Catax shows. Total business investment in the sector fell to £1.8bn in the second quarter of 2020, down from £2.8bn in…
Housing transactions roar back in September Housing transactions surged by more than 20% in September, according to the latest government statistics. The provisional seasonally adjusted estimate of UK residential transactions in September 2020 is 98,010, which is very similar to September 2019 at only 0.7% lower and 21.3% higher than August 2020. Alan Cleary, Managing…
ARA Venn to manage £3bn Affordable Homes Guarantee Scheme Housing Minister Rt Hon Christopher Pincher MP has announced that ARA Venn will manage the government’s new £3 billion Affordable Homes Guarantee Scheme. Today, contracts were signed for investment management firm ARA Venn to deliver the £3 billion scheme that will provide cost-effective long-term loans to…
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