Assetz Capital, a leading funder in the SME development lending market, announce a significant enhancement to its development lending solutions, offering stronger initial day one advances to developers on schemes up to 70% LTGDV. This strategic offer is designed to equip housebuilders with robust financial support from the outset, facilitating smoother project execution. The offer […]
Ellis Osborn, ecommerce manager at IronmongeryDirect, said:“New data from the Office for National Statistics shows that there has been a surge in tradespeople turning self-employed over the last few months. “Between December and March, the figure shot up from 227,000 to 274,000. This represents an increase of 47,000, or 21%, which is the biggest jump […]
The Home Builders Federation (HBF) has published a plan detailing its asks of the next government. The plan, titled ‘Homebuilding: An engine for growth, prosperity and opportunity’, highlights the challenges facing the house building industry and sets out the measures it believes are crucial to addressing the nation’s housing crisis. As housing supply continues to plummet […]
UK Construction SMEs are ambitious to grow, but are held back by the impact of inflation, supply chain challenges and reduced access to capital. That’s according to Bibby Financial Services’ (BFS) SME Confidence Tracker, based on a survey of 1,000 UK SME owners and decision makers, including over 200 in the construction industry. The survey […]
The latest NFRC State of the UK Roofing Industry survey, covering the first quarter of 2024, provides welcome positive news for the roofing sector. The results show overall roofing contractors’ workloads and enquiries continuing to increase in the first three months of the year, with further rises expected over the next 12 months. However, it […]
NatWest Group’s funding to Scottish Borders Housing Association (SBHA) has supported the construction of new affordable housing across the Scottish Borders, helping address affordable housing shortages in the region. The association was formed in 2003 following a large-scale voluntary transfer of housing stock from Scottish Borders Council. Today, it is the largest registered social landlord […]
In April 2024, the number of registered company insolvencies in England and Wales was 2,177, 18% higher than in March 2024 (1,838) and 18% higher than in April 2023 (1,838). Company insolvency numbers also remained above levels seen during the Covid-19 pandemic. The construction industry experienced the highest number of insolvencies in the 12 months […]
Figures released today by the National House Building Council (NHBC), the UK’s largest provider of new home warranties and insurance, show 21,967 new homes were registered to be built in Q1 2024, down 20% on Q1 2023 (27,619). 26,240 new homes were completed in the same period, 13% down on Q1 2023 (30,071). Despite the […]
New polling by YouGov, commissioned by CPRE, the countryside charity, has revealed that half of people who object to new housing in their local area would support them if the homes were affordable to people on average local incomes. Whereas 41% said they did not want to see the construction of more homes close to […]
A Freedom of Information (FOI) exercise undertaken by the Home Builders Federation has found that more than £50m of taxpayer money was spent on external legal advice on planning appeals over the past three years. The money comprises spending by individual councils and by the Planning Inspectorate, an executive agency of the Department for Levelling […]
