New housebuilding starts (36,630) in the quarter ending the 31st of March were down 9% on the previous quarter and also down 9% compared with the same period in 2018. House completions were also down 1% on the previous quarter and 14% lower than the same quarter last year. Gov.UK.
MPs on the influential housing, communities and local government committee have warned that government targets for the construction of 300,000 new homes every year by the mid-2020s are going to be missed unless greater use is made of “modern methods of construction” (MMC) – such as modular housing. CityAM.
Swedish firm Ikea is moving into the provision of affordable, modular and off-site construction housing after being given planning permission by Worthing Council in West Sussex for the erection of 162 new homes. Which?
Builders Wates have been awarded a £55 million contract by Barking and Dagenham council for redevelopment of its Gascoigne housing estate, as part of a £1 billion regeneration scheme for the centre of Barking in the east of London. Building.
Trammell Crow Company (TCC), a subsidiary of the American giant CBRE – the biggest real estate investment and services company in the world – has bought London-based Telford Homes for £267million, in a move into the increasingly lucrative build to rent housebuilding market. Construction Index.
After 500 years and 13 generations of owners, Britain’s oldest construction company, R Durtnell and Sons, has been forced to stop trading following an unsustainable fall in profits. Founded during the reign of Queen Elizabeth the I, the Kent-based company went on to specialise in building luxury houses, art galleries, private schools and churches. BBC.
Following on from the above news, contractors Wilmott Dixon are looking to take over the £21 million upgrade for the restoration of Brighton’s grade 1 listed Dome following the collapse of R Durtnell & Sons. Building.
The trouble-hit housebuilder, Persimmon, says that it has adopted a more customer-oriented approach to sales – delaying transactions until homes are nearing completion and giving buyers a clearer indication of when they can move in – even though this new marketing strategy has resulted in a dip in the number of completions to date. Housebuilder.
West Midlands builders Shaylor, which went into administration only three weeks ago – with around 200 job losses – is now believed to have left debts to creditors amounting to £25 million. Building.
Galliard Homes has won planning permission for the development of 262 dwellings in a mixed-use project on the site of the former Royal Mail sorting office located between the new US embassy and the regenerated Battersea power station at Nine Elms Parkside in Wandsworth, on the south bank of the Thames. Housing Today.
Kensington and Chelsea Council has promised to conduct fire safety checks on balconies of its homes throughout the London borough in accordance with revised government guidelines which were published in the wake of a major fire in Barking earlier in June. RBKC.
Despite government appeals for a reduction in the levels of affordable rents, they have in fact increased in six of the nine housing association regions in England – sharpest increases were in southeast England where affordable rents rose by 7.7%, followed by London where they increased by an average 4.1%. Social Housing.
Local councils are increasingly concerned about the loss of some £5 billion in regional funding from the European Union and used to finance social projects such as housing – once Brexit terms are agreed. The current phase of EU funding draws to a close at the end of 2020. Guardian.
Partnerships between local government and housing associations could boost access to the former’s new-found ability for greater borrowing for social housing projects, says the outgoing chairman of the Local Government Association (LGA), Lord Gary Porter. Inside Housing.
Legal & General has entered a strategic partnership with Bristol City Council for the redevelopment of the 5-acre brownfield site at Temple Meads. 500 new homes – of which 40% will be affordable – offices, a hotel and conference venue, shops and public open space are included in the scheme. Radius.
Canterbury City Council and development partners the Hyde Group and Linkcity are to incorporate 189 new affordable homes in a £115 million riverside regeneration scheme in the heart of the city. Kent Online.