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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...

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...

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...

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...

The future of the Building Control sector in the UK is set be reformed, being a key part of the Government’s Building Safety Programme. NHBC, along with other leading organisations have formed the “Future of Building Control Working Group”, which has been formed to...

September is the date set for the implementation of the biggest reform to planning since the Second World War which will allow Britain to build without all of the red tape restrictions that come with normal planning procedures. With special emphasis on commercial...

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...

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...

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....

Some of the most positive news we have had for weeks is the announcement of the fastest housebuilding rise for five years which has given fresh hope of a strong economic recovery from the slump caused by the Coronavirus pandemic.  A PMI survey was conducted of the...

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...

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...

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...

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...

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...

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...

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...

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...

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....

Five years on from the Modern Slavery Act 2015, many people believe that slavery is no longer present in our modern working society, despite findings by the National Crime Agency that showed 7,000 victims of slavery were reported in 2018, figures that had doubled from...

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...

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...

More evidence that recovery is taking place is confirmation from Persimmon and Lovell that they are reopening their sites. In a market update from Persimmon, they announced plans to phase the reopening of their sites where the Construction Leadership Council´s safe...

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...

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...

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,...

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...

Although we presently don’t know the full impact that Covid-19 will have on the UK economy and the consequential effect on the wider property market, it is for certain that we will enter into a period of recession.  Recent weeks have seen many lenders withdraw much of...

Vistry Partnerships has announced that it has secured new housebuilding contracts with Homes England as well as eight Housing Associations.    Homes England currently has sites across the UK including Chesterfield, Birmingham, Dudley, Bridgewater, Portsmouth...

Due to a downturn in construction activity during winter and a stagnant services sector, the British economy had already taken a nosedive as GDP output declined by 0.1% in February, before the onset of the Covid-19 outbreak.  Following an increase of 0.1% for the...

Former film studios ‘Bay Studios’ which was also a former factory is to be converted into a field hospital in the fight against Covid-19.  The building, in Swansea will provide up to 850 beds in total and will be a much-welcomed addition to the growing number of field...

Joint venture organisation tRIIO, which is owned between Morrison Utility Services and Skanska UK has recently completed a major gas mains replacement at the historic Albert Court, which is of more recent years a multi-occupancy building located next to the Albert...

We are seeing the immediate drastic effects that Coronavirus is having on our industry with the IHS Markit/CIPS UK Construction Total Activity Index dropping to 39.3 in March from 52.6 in February.  This is in reaction to the emergency public health measures put in...

BIM is gaining traction in the construction industry and indeed over the last decade the awareness of BIM has grown rapidly.  A national BIM report carried out by NBS last year showed that general awareness and adoption of BIM has increased to around 70% which is...

Although construction in the UK is presently limited due to the coronavirus pandemic, and most construction work has ground to a halt, there will be the increasing need to test construction workers returning to site once building restrictions have been lifted and it...

Following his instatement only 15 months ago, Dave Jenkinson, CEO of Persimmon has announced he is leaving the company over quality disputes. His position came about due to a previous row about his predecessor’s £75m bonus which was slammed by many politicians as...

Bricks are one of the most staple products used in construction, but recent years have seen a decline in supply. Persimmon were even so concerned about the waiting times for the brick orders that they built their own brick factory to ensure they would not be victims...

Exoskeleton suits are gaining use in Construction. Designed as a wearable machine with motorised joints to minimise strain and injury, they also provide posture correction, support and weight disbursement whilst giving the user super human strength. Traditionally used...

The increasing usage of robots in construction originally stems from Japan in 1970’s when young workers turned resistant to manual labour in favour of less dangerous and physically demanding work. Japan had to find another solution to combat the labour shortage and...

Although slow to take off in the UK, countries such as Sweden, Germany and Japan have increased their output of modular housing in recent years. Of the 200,000 homes that are built every year in the UK, only 15,000 of them are modular. When we think about modular...

Following on the trend of converting a commercial premises to a residential property, there are now more conversions than ever before, contributed by the abundant availability of commercial properties on the market. Between 2016 – 2017, the number if these conversions...

The 1990’s heralded the beginning of the decline of SME builders which was magnified by the Global Economic Crisis. To put the effect this has had on the new build industry into perspective, the number of new homes built by SME builders in 1988 was 4 in 10 of every...

There’s lots going on in 2020 for Construction events. If you are looking to promote your business or meet new suppliers, make sure you pencil in a couple of events in your diary to make sure you keep up with industry trends and advancements. With the current demand...

Lack of access to affordable Professional Indemnity cover for those working in the construction sector has urged the broker membership organisation Biba to outline five calls for action within its 2020 manifesto in a bid to ram up support from the industry and the...

The landmark waterfront development of Quay House in Canary Wharf has just been granted permission by London Borough of Tower Hamlets to redevelop the existing 3-storey block into a 40-storey tower.  The new project will deliver a 400-room hotel, 279 serviced...

The process of automation in building is rapidly increasing and the industry is seeing the benefits of being able to replicate uniform pieces to assemble either on or offsite in ways that are faster, more quality consistent, safer, more cost-effective and more...

Following a property boom between 2010 and 2014, funded by the strong economic growth of the oil industry, Dubai is now in a situation where it has an over-supply of housing, despite dropping house prices. To curb the boom back in 2014, the government introduced...

Due to decreasing competition in the construction insurance market today, it could be fair to say that premiums are less competitive than they used to be.  There are also factors that can push your premium higher such as your credit history, your experience in the...

Birmingham is set to welcome a new tower which will be the tallest in the city.  Plans for the 61-storey skyscraper, designed by Glancy Nicholl’s Architects are in line to be approved on Thursday 16th January 2020.  Subject to a Section 106 legal agreement that is due...

Having bought a number of brownfield sites since the end of the financial crisis in 2011, Berkeley has recently acquired several more, bringing the total of "large and complex residential-led developments" to 25.  Around 20 of these sites are already under...

Signs that the economy is starting to gain confidence is showing in the January figures for UK house prices.   The General Election seems to have had a positive impact on the UK housing market which saw asking prices hike by 2.3%.  Rightmove, made a study of 65,000...

The Government has recently released their latest Housing Survey Report from 2018-2019.  The report is the initial release of findings and will be followed up with more detailed statistics in July 2020, but the following is a summary of the report. Number of home...

Stuart Wortley, a lawyer from Eversheds Sutherland has revealed how social media exposure has led to an increase of risk-taking fanatics who are trespassing on construction sites in order to create videos of their antics to upload on social media channels.  Going...

Two Thirds of SME Loans Received Outside of London and the South East UK Finance’s Business Finance Review has published the latest figures on SME loan applications.  Following a modest lending growth in Q3 of 2019, it is reported that SME’s outside of London received...

Despite political uncertainty throughout last year, Taylor Wimpey trumped with a 5% increase in completions to 15,759 against the previous year.  The private average selling price also raised by 1% to £305,000 against the 2018 financial year. The full year...

The latest updates issued by Persimmon and Vistry group (formerly Bovis) show that Persimmon´s revenues and completions have fallen as it “continues to make good progress with the implementation of its customer care improvement plan”.  The company has endured a...

The Government's Help-To-Buy scheme started in April 2013 in an initiative to help first-time buyers and homeowners wanting to move on to their next property.  Buyers can secure a new home for only 5 per cent deposit with the government then providing an equity...

According to the Construction Industry Training Board (CITB), an influx of modern methods of construction (MMC) is predicted to decrease the additional labour requirement of meeting the government’s aim of delivering 300,000 homes per year. The Ministry of Housing,...

The managing director and co-founder of GS8 Developments Limited, a residential regeneration framework which will aim to merge construction with sustainability, Benjamin Jamie Spencer is aiming to revolutionise sustainable building with his carbon positive and energy...

The general election has given the UK a deeper insight into the short-term prospects for Brexit. Experts have suggested that this could lead to a beneficial outcome for the housing market, as buyers who have been holding back on purchasers will now begin to sign for...

As the UK anticipates the post-Brexit lifestyle, the immigration regime is something that most businesses are highly concerned for. Due to EU citizens taking up around 8% of the UK workforce, there is a great demand for their skills services, although they would lose...

The shortage of affordable homes throughout the rented housing market shows no sign of improvement according to recent figures. Studies have shown that only 37,825 new homes were built to accommodate for cheaper living in 2018. This brings troubling news for the...

In today’s market, the demand for residential flats is growing higher by the day. The Government has laid an amendment to the Town and Country Planning Order 1995 (General Permitted Development) which states that it is now possible to convert Class B1 office buildings...

Bridging loans are becoming increasingly in demand with the applications rate seeing a record-breaking increase over the first quarter of this year. However, the completion rates have recorded the worst quarterly figures since Q3 2017. A report from The Association of...

With today’s continuously developing awareness for our environment, there is an increasing interest in the construction of ecologically friendly buildings. The green building strategy was initiated with the intention of changing various methods of construction and...

When working on a construction site, it is important to be well- equipped for any task that falls in your path. To ensure great productivity at work, your tool bag should be equipped with everything that you need for a successful finish. Bolster – A chisel-like object...

November saw a further drop in UK construction orders due to the uproar in political uncertainty, and some civil engineering and commercial building projects have been put on hold. Activity in the UK construction industry has slowed down slightly thanks to recent...

When applying for a loan in the bank, it is notoriously difficult to meet the extensive standards of the lending qualifications. In almost every case, the bank will insist that the lender takes out a collateral, to avoid any inconveniences.  Collaterals are used...

Data from first-time buyers and homeowners has displayed the trends of mortgage lending in the UK, with affordability measures in the residential and buy-to-let markets. In September 2019, there were 29,100 new first-time buyer mortgages completed, which is 1.6% more...

Renovating your home can be a costly affair if you’re eager to experiment with new ideas; it can be difficult to stay on track with your cost effective plan. The goal is to get your home magazine-cover-ready without having to invest most of your savings towards a...

Emerging plans for modular housing are supposedly supporting the government’s goal to shut down the housing market crisis. With recent and ongoing success, modular housing is about to reach a huge milestone in construction. With this modern approach to building,...

A Zoopla analysis has taken place to determine what exactly first-time buyers are looking for at the moment. With more than 600,000 homes listed, the data was logged via email or call-back requests made by first-time home buyers. The annual English Housing Survey has...

Experts have recently warned that the construction industry  and the government must immediately begin to improve working methods in order to meet the UK’s 2050 zero carbon target. A report has been released, titled: Transforming Construction for a Low Carbon...

With political uncertainty causing a wave of confusion for potential property investors, experts are explaining why there is no reason to let the Brexit-induced stress discourage your efforts. Mark Lawrinson, the Regional Director of Portico Property estate...

Here’s What Millennials Are Looking For: If you are one of the many people to take a new approach to house renovation for investment purposes, you will need to stay updated on the trends that will help to sell your home. As millennial wealth grows, the younger...

While many aspiring homeowners in the UK aim to jump straight on the property ladder with a five-bedroom family home, there are many reasons why people choose a sky-high apartment lifestyle. As it’s unlikely that you will gain a garden with the purchase of your new...

Statistics from Construction News Mental Health Survey show that 55% of workers in the construction industry have suffered from mental health and 42% of whom had been in the work place at the time. The Office of National Statistics found that low-skilled male...

There is an increasing demand for new, modern homes for a niche market across the UK. With Pinterest and hipsters having a growing influence on both interior and exterior home design, there has been a new wave of luxury, developments created specifically for this new...

A construction site holds more hazards than most other working places within the UK. With heavy machinery and dangerous tools, it is important for workers to understand the potential risks on site. To avoid any work-related incidents, there should be safety rules set...

With this on-going political debacle, there is a nation-wide confusion as to where the housing market is currently in its prime. This can depend on house prices, popularity within the area, year-on-year comparisons and much more. This blog has identified the potential...

Galliford Try’s Linden Homes and Partnerships and Regeneration businesses will be bought by Bovis Homes for £1.075 billion. Bovis has explained that the deal will create a top-five rated national housebuilder, which is capable of delivering over 12,000 new homes each...

If you work on a construction site or you have decided to take up a new hobby as a handyman (or woman), these five hacks will make your life that little bit easier. Knowing these simple tricks will enhance your knowledge and you can create a more efficient, practical...

Researchers have taken timber and crafted a new, sturdy material that is transparent and capable of storing and releasing heat. The material could be used for the construction of energy efficient homes. So far, the product is classed as environmentally friendly...

When you’re constantly on-the-go, it can be hard to keep up to date with recent industry news. Podcasts are taking over as the new way for industry experts to stay updated with the latest stories and these chatty voice-overs can include interviews, conversations and...

Global warming is becoming increasingly prevalent and the collateral damage caused by pollution is showing adverse effects on global temperature, our environment and the surrounding wildlife. Recent studies by National Geographic state that around 18 billion pounds of...

3D printing has made a promising breakthrough for the construction industry, with an increasing number of technologically manufactured homes being built across the globe. The use of three-dimensional printing in construction began with the introduction of printed...

With recent Brexit affairs causing further suspicion within the housing market, aspiring home owners are still left speculating the risk surrounding home-buying in the UK.   The question still stands – is now a good time to buy a home in the UK?  ...

The latest figures shown by the Office of National Statistics (ONS) indicates that the cost of living alone has hit 92% of income, making it close to impossible for single people to join the housing ladder. The study shows that the number of one-person households is...

A collaboration of real estate investors and organisations have produced and published a guide designed especially for property investors. Produced by the property working group of the UN Environment Programme Finance Initiative (UNEP FI) with the Royal Institution of...