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Self-healing concrete to arrive in the UK

Self-healing concrete to arrive in the UK

Dutch firm Basilisk, the pioneers of its new Sensicrete product have signed an agreement with precast specialist JP Concrete for a supply deal which will offer self-healing concrete to the UK. Although normal concrete does have some limited self-healing capacity in...

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Property Prices Continue to Rise Despite End of Stamp Duty

Property Prices Continue to Rise Despite End of Stamp Duty

Many experts feared that the Stamp Duty Holiday surge in house buying would reach a “cliff edge” as the end of the holiday approaches, although this has shown no sign of happening. Zoopla has released figures showing that house prices have risen on average £10,246...

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UK Housing Market is on Fire!

UK Housing Market is on Fire!

Although this is positive news for the economy, there are concerns being raised by Bank of England Chief Economist, Andy Haldane.  He warns that the continued government incentives designed to ignite the housing market, could actually result in deepening the divide...

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Halifax Price Index Reveals Record High for UK House Prices

Halifax Price Index Reveals Record High for UK House Prices

Halifax’s House Price Index for May has revealed that annual house price inflation was at its strongest in almost seven years. The average UK house price was recorded at £261,743 in May, up 1.3% from April, 2.4% from the previous quarter and up 9.5% year on year...

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Sold Property Market Value Jumps to £461bn in 2021

Sold Property Market Value Jumps to £461bn in 2021

Property Market experts Zoopla has predicted that the current boom in the housing market is likely to surge to its busiest time in 14 years.  The value of sales in the UK rose by 46% this year when compared with 2020 although London is still somewhat behind. This...

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Model Design Code to be Trialled by Local Councils

Model Design Code to be Trialled by Local Councils

Selected councils will trial the use of the National Modal Design Code (NMDC), which will allow them to adapt the code in their area. In response to the Living with Beauty report that was released in January 2020 by the Building Better Building Beautiful Commission,...

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Rightmove Report Record Price Rise of Almost £6,000

Rightmove Report Record Price Rise of Almost £6,000

The latest index from Rightmove has shown that asking prices have risen by £5,767 (1.8%) over the last month, reaching a new record of £333,564 in May. Across the UK, prices have also hiked up by 6.7% when compared with March 2020, although no direct comparisons were...

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New Home Registrations Up by 10%

New Home Registrations Up by 10%

NHBC has released new data that shows that new home build registrations were up 10% in the first quarter of 2021 from the same period in 2020. This is further proof of a strong recovery following a slump in Q2 of 2020 caused by the national lockdown which later...

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Materials Shortages Caused by HS2 Projects.

Materials Shortages Caused by HS2 Projects.

The current demand for materials far outstrips the supply and the situation has been made worse by several factors such as Brexit, the Covid-19 pandemic and the Suez Canal blockage that lasted for a week. The materials that do make it thought to the UK are being...

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Construction Industry to Expect Hiking Material Prices

Construction Industry to Expect Hiking Material Prices

The current climate has created the “perfect storm” for spiking material costs, says Core Five, an independent firm of construction cost consultants.  This comes just as the industry is preparing its rebound following the third national lockdown. Contributing factors...

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Kier sells house-building division for £110m

Kier sells house-building division for £110m

Kier Living Limited is in the process of being bought by a newly formed company called Foster BidCo Limited, which is owned by Guy Hands, who is also the founder, chairman and Chief investment officer of one of Europe’s leading private equity firms, Terra Firma. Terra...

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Contractors – Get Your Free Covid Testing Kits Now

Contractors – Get Your Free Covid Testing Kits Now

Construction companies can now apply for free Covid home testing kits for their staff until 12 April 2021.  As part of the Government’s workplace testing programme, from 6 April, any company with more than 10 employees will be eligible for the tests where onsite...

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UK Homes Need £342bn to Become Energy Efficiency Compliant

UK Homes Need £342bn to Become Energy Efficiency Compliant

In order for the UK to meet the Net Zero target by 2050, the existing stock of Britain’s housing will need to be decarbonised as this currently accounts for 20% of greenhouse emissions.  The Government has estimated this to come at a cost of between £35bn and £65bn,...

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Calls for Tapered End to Stamp Duty Holiday

Calls for Tapered End to Stamp Duty Holiday

This week’s budget has been the subject of many rumours following The Building Societies Association calling last week for the chancellor to bring an end to the current stamp duty holiday with a tapered end rather than a sudden cut off which could leave many home...

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Final deadline extension for Help to Buy Scheme

Final deadline extension for Help to Buy Scheme

Since the launch of the Help-to-Buy Scheme was launched seven years ago, 278,000 households have received an advance from the government to help them get a deposit together for a new home. Although the scheme is coming to an end, information obtained from Homes...

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Are Permitted Development Rights Set to Tighten Up Again?

Are Permitted Development Rights Set to Tighten Up Again?

The CIC has set out a number of concerns over the Government’s proposals to extend Permitted Development Rights (PDR) which will allow developers to bypass normal planning procedures when converting premises for residential use and has requested that the Government...

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High-Tech Headwear to Reduce Likelihood of Brain Injury

High-Tech Headwear to Reduce Likelihood of Brain Injury

The Nexus construction helmet will, in March, have a new upgraded version revealed that incorporates a new technology called Mips (a Swedish safety helmet technology), to improve safety and reduce the risk of concussion or serious brain injury. The helmet, which is...

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The End of an Era – Goodbye to the SEC Group

The End of an Era – Goodbye to the SEC Group

The Specialist Engineering Contractors’ (SEC) Group is being wound down and replaced with a new group after almost 30 years of promoting the interests of subcontractors in the construction industry. The SEC has historically represented a group of sub-industries within...

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Brexit Trade Deal comes in the Nick of Time

Brexit Trade Deal comes in the Nick of Time

Ending months of negotiations and uncertainty, Boris Johnson finally agreed a trade deal with the EU at the end of 2020, including fishing rights and future business rules. Although still expected to come into force, the deal is unlikely to be signed off by Parliament...

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September Sees Biggest Sales Surge for Builders´ Merchants

September Sees Biggest Sales Surge for Builders´ Merchants

Following the global pandemic which saw sales plummet for builders´ merchants throughout the year, particularly in the months from March to May, September 2020 has seen a surge in sales which are up 8.3% compared with September 2019, according to the latest report by...

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Is it worth being a Landlord in the UK?

Is it worth being a Landlord in the UK?

The housing market has recently boomed, with record house price growth rates and pent up demand seeing the busiest months for house sales in years.  Planning reforms have made it easier to convert premises to a different use – either commercial or residential and for...

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Celebrating 75 years of JCB with a day off

Celebrating 75 years of JCB with a day off

Any employee around the world who works for JCB has been given an extra day holiday over Christmas to celebrate the 75th anniversary of the company and the 75th birthday of the owner. UK employees must take their holiday on Christmas Eve which will extend the standard...

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Construction Output in Great Britain – August 2020

Construction Output in Great Britain – August 2020

The Office of National Statistics has released figures for UK construction output in August 2020. Following record monthly construction output growth in June (21.8%) and July (17.2%) of 2020, growth slowed to 3.0% in August.  Although output rose to £12,455 million,...

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Autumnal Boom in UK House Sales

Autumnal Boom in UK House Sales

What may be due to pent up demand or an urgency to complete on a house purchase before the possibility of another complete lock down, the UK housing market boomed throughout September and October. New records were set and Rightmove made new forecasts in light of...

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Retrospective Structural Warranty – What it is?

Retrospective Structural Warranty – What it is?

Compariqo can arrange a policy called a ´Retrospective Structural Warranty´ which is for properties that have already been completed, but do not have structural defects insurance in place. Once an inspection has been successfully completed and there has been sign off...

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Plaster Beetles in New Builds

Plaster Beetles in New Builds

Fresh, damp plaster in a new build property can be an invitation to plaster beetles to come in and feast. If you or your clients experience an infestation, it could be due to the house not being dried out properly prior to habitation. Although not considered to be...

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Report states 75,000 MMC homes should be built every year

Report states 75,000 MMC homes should be built every year

A new report by a major government advisor has estimated that up to 50,000 new jobs could be created if the government targeted 75,000, high-quality, well designed modular homes per year by 2030. The report has been co-authored by Mike De’Ath, partner at HTA Design...

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Brick Merchant Sees Profit Jump Despite Covid Pandemic

Brick Merchant Sees Profit Jump Despite Covid Pandemic

Brick merchant Brickability has reported a pre-tax profit despite the slump during Covid lockdown. After listing on the AIM last September, the firm reported a pre-tax profit of £12.2m in the year to March, an increase of 42% and up 15% on revenue to £187m. The firm...

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Horsetail – How to weed out the problem

Horsetail – How to weed out the problem

What do you do when you have an invasion of Horsetail on your site? Equisetum arvense, commonly known as Horsetail can be a proverbial thorn in the side to developers, but there are ways to deal with it that will benefit your budget and the environment. The weed has...

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Local Councillors Oppose New Government Planning Reform

Local Councillors Oppose New Government Planning Reform

In a bid to boost housing development in the UK, central government recently announced the biggest housing reform since the second world war, although the plans have not been well received with local councillors. A recent survey conducted reveals that 78% of...

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Persimmon Boss Cashes in on Shares before Departure

Although Dave Jenkinson is due to leave Persimmon at the end of the year, last week he sold £3.4 million worth of shares accounting for 129,307 although he still holds a further 603,983 shares in the company, reported to be worth around £15.7 million.  He also sold...

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Barratt is back on track

Barratt is back on track

The UK’s largest house builder is targeting 15,000 home completions for the year ahead after experiencing a surge in demand for new homes after the end of lockdown.   Production rates are now back on track and the company is preparing to ramp up for new completions as...

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Kier Wins Dover Grammar School Contract

Kier Wins Dover Grammar School Contract

The Department for Education (DfE) has appointed Kier for a £24.7 million project at the Dover Grammar School for Boys.  The project was procured through the DfE Construction Framework and is due for completion in Summer 2023.  With the aim of providing new amenities...

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Landmark Birmingham office block gets £2m Refurb

Landmark Birmingham office block gets £2m Refurb

Work has begun on the £2m refurbishment of a landmark office building at 54 Hagley Road in Edgbaston, Birmingham by Aberdeen Standard Investments. The outdated building contains a 16-storey east wing and an eight-floor west wing, of which five floors are being...

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Next Stage for the New Homes Ombudsman

Next Stage for the New Homes Ombudsman

In a bid to boost confidence to new build homebuyers, the government has released a Building Safety Bill in which it includes plans to introduce a New Homes Ombudsman so that homebuyers have effective and accessible methods for seeking redress for problems encountered...

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32% Rise in Residential Property Transactions in June 2020

32% Rise in Residential Property Transactions in June 2020

Although figures are still lower by 35.9% than the same period in the previous year which has been mostly accredited to the pandemic, the latest data from HMRC reveals that between May and June this year, residential property transactions climbed to 63,250 - a rise of...

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The name’s Bond…Performance Bond actually 

The name’s Bond…Performance Bond actually 

The name’s Bond…Performance Bond actually  But it could be any type of Bond required in construction – the main ones that are usually requested through Compariqo aside from Performance Bonds are Insolvency Bonds, Advance Payment Bonds or Road and Sewer Bonds.  A bond...

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Vistry Partnerships to build 32 modular homes with Ilke

Vistry Partnerships to build 32 modular homes with Ilke

Vistry is undertaking a regeneration project of a 21-acre site in Bristol. The plans include 346 homes, several retail and start-up business units, a community building and many green spaces factored in to the community. In a partnership with Ilke, Vistry will deliver...

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How to Boost SME Housebuilders through Planning Reforms

How to Boost SME Housebuilders through Planning Reforms

SME housebuilders already face certain barriers to growth such as access to land, the poor planning process and access to finance (read our ebook on the top 3 barriers facing SME builders). SME’s make up a large part of the UK economy and require more active support...

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Affordable Homes Scheme Extended by One Year

Affordable Homes Scheme Extended by One Year

The Housing Secretary Robert Jenrick has announced that the scheme which helps more families across the UK into affordable homes has been extended by a year. Following the effects of the Coronavirus pandemic and the subsequent slump in housebuilding, it has been...

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Covid take its toll on Modular Housebuilder Ilke

Covid take its toll on Modular Housebuilder Ilke

Despite the £30m loan from Homes England in 2019, modular housebuilder Ilke has started a redundancy program due to the high number of contract delays following the Covid-19 pandemic. Ilke employs over 600 people and although it has not been confirmed how many people...

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Immediate cut on stamp duty

Immediate cut on stamp duty

In a bid to boost the housing market, Rishi Sunak has affected an immediate cut on stamp duty.  This makes up part of a package which is expected to include a six-month “holiday” from the charge on most homes to provide an incentive to boost the market again....

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New Guidance Published On Construction Working Hours

New Guidance Published On Construction Working Hours

As of Monday 29 June 2020, a Business and Planning Bill published by Government completed all legislative stages in the house of commons.  This coincides with new guidance published on Construction working hours. The Bill is intended to address the Coronavirus...

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Buy Your JCB Online

Buy Your JCB Online

For the first time ever, JCB has started to sell their machinery online directly to the end-buyers.  The new service has been launched to improve the experience of their customers and JCB UK and Ireland sales director Steve Smith said “The new service gives customers...

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Airport Expansion Plans Are Grounded

Airport Expansion Plans Are Grounded

Another blow to hit the construction sector are plans to abandon £1bn worth of expansion projects at various airports around the UK. As the worlds airline industry has almost ground to a halt following the outbreak of the Covid-19 pandemic, with many planes grounded...

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Promote The Use Of Fire-Safe Timber

Promote The Use Of Fire-Safe Timber

In response to the government´s proposal to ban the use of combustible materials in and on external walls of buildings, the Architects Climate Action Network (ACAN) is asking for a group effort in promoting structural timber. The government is currently considering...

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Do You Need A Mortgage Payment Holiday?

Do You Need A Mortgage Payment Holiday?

Banks and Building Societies have now extended the mortgage payment holiday for a further 3 months to help homeowners who have been impacted by the Coronavirus pandemic. Lenders have also agreed to not proceed with involuntary repossessions for home owners who have...

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Coronavirus and House Prices

Coronavirus and House Prices

Now that Estate Agents across the UK are breathing a sigh of relief that they can get back to selling houses, we're all asking the question…what does the market look like?  Is it time to grab a bargain?  What could happen to house prices as the market recovers from...

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The UK has passed the Worst of the Crisis

The UK has passed the Worst of the Crisis

Data from The Guardian shows that the UK economy is showing the first signs of recovery from the impact of the Coronavirus pandemic.  However, it's not all good news… Recovery will be a longer and slower process than previously anticipated.  As lockdown is starting to...

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New Guidance Published on Acoustics Standards for New Homes

New Guidance Published on Acoustics Standards for New Homes

New guidance has been published by the UK Green Building Council (UKGBC) for local authorities to improve on the standard currently set for acoustics in new homes.  As an update to their housing standards policy playbook, they are attempting to enable cities and local...

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The Future of Flood Defences in the UK

The Future of Flood Defences in the UK

The UK experienced one of the wettest Autumns and Winters on record and suffered extreme flooding across the whole of the country.  In November 2019, the first wave of floods hit the Humber, the East and West Midlands followed by more flooding in December and January....

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Collaborate for the sake of the Construction Industry

Collaborate for the sake of the Construction Industry

Pagabo, a framework provider, has launched a ´Future of Construction´ campaign and is calling for construction companies to collaborate and work together in a bid to drive change and tackle long-standing industry issues. Executive Chairman at Pagabo, Gerard Toplass...

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Update to Building Control Inspections under COVID-19

Update to Building Control Inspections under COVID-19

New guidelines from the Government have been issued so that inspectors can continue to carry out normal site inspections in a controlled manner during the Covid-19 pandemic. The Ministry for Housing, Communities and Local Government (MHCLG) updated the application of...

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Payment Holiday Relief for UK mortgage holders

Payment Holiday Relief for UK mortgage holders

As of Friday 24th April, over 1.6 million UK mortgage holders have been offered a payment holiday by UK lenders to reduce difficulties from the financial impact of COVID-19.  This means a suspended payment for the average mortgage holder of £755 a month. One in seven...

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UK´s largest builders merchants to reopen more branches

UK´s largest builders merchants to reopen more branches

The largest builders merchant in the UK, Travis Perkins is to reopen more of its branches to “give greater support to large construction firms and subcontractors as they restart construction sites.” Since the start of the lockdown, Travis Perkins was operating at...

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Who will secure the Stonehenge design and build JV?

Who will secure the Stonehenge design and build JV?

As part of the A303 improvement scheme, Highways England has shortlisted 3 submissions for the Stonehenge project.  All three submissions are international joint venture teams;  BMJV, comprising Bouygues Travaux Publics SAS and J Murphy & Sons Ltd;  HDJV,...

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New Bounce Back Loans Scheme for Small Businesses

New Bounce Back Loans Scheme for Small Businesses

Small businesses can now apply to the Bounce Back Loans Scheme for a loan up to 25% of annual turnover.  Loans of up to £50,000 that are interest free for the first 12 months will be open from 4 May.  Rishi Sunak, Chancellor of the Exchequer said “Our smallest...

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