Housing Minister Kris Hopkins has hailed the impact of Help to Buy for delivering a surge of business to the construction sector.
Visiting the brand new Chesterton brick factory in Newcastle-under-Lyme, which has created 51 jobs, Mr Hopkins said the impact of the scheme was keeping kilns firing over Christmas for the first time since 2007. Continue reading
Government action is getting Britain building again, according to Housing Minister Kris Hopkins.
The latest statistics reveal that the last three months have seen the fastest rate of housebuilding since the crash in 2008, and government schemes are helping tens of thousands of hardworking families get onto the housing ladder. Continue reading
The value of English farmland continues to rise as investors build their portfolios and farmers expand, according to Knight Frank.
Between July and September farmland outperformed residential property, even in prime central London, matched the rise in the value of the FTSE 100 and was only marginally behind the 5% hike in the price of gold. Continue reading
Aspiring self-builders will have the chance to realise their ambitions thanks to 4 new sites which are being released by the Homes and Communities Agency, Kris Hopkins said today (12 November 2013).
The sites form part of a wider government programme to support the growth of the custom build housing sector and give more people the opportunity to build their own homes. Continue reading
Finance schemes designed to help construction SMEs need to be simplified if they are to aid the economic recovery, the Federation of Master Builders has warned.
The FMB made its call in response to a National Audit Office (NAO) report that criticises the Government for its confused approach towards business funding. Continue reading
Housebuilding in the UK is continuing to rebound with chartered surveyors across the country reporting growth, according to the latest RICS construction market survey.
During the third quarter of the year, a record net balance of 41% more respondents reported rises in privately-funded housing projects compared with the previous period (from +31% in Q2). Continue reading
Changes will save self-builders thousands of pounds from the cost of building their “grand design” by ensuring they are exempt from a levy charge paid for new buildings over a certain size.
The Government is committed to helping more people achieve their aspirations of owning a home and wants to help boost housing supply by making self-build housing a mainstream option. Continue reading
After a prolonged period of economic uncertainty, the majority of construction companies in the UK and worldwide are confident about the growth prospects of their industry, with a large number of firms reporting increased order books, pipeline and profit margins and many planning to expand either into new regions or new sectors such as power and energy, a survey by KPMG has found.
KPMG’s Global Construction Survey 2013: Ready for the Next Big Wave reveals that almost three quarters of companies in the UK (73%) are “positive” or “very positive” when asked to describe their medium-term outlook (next two to five years). Continue reading
Data released by the Office for National Statistics has provided more encouraging news on the UK economy.
Real output in Great Britain’s construction sector grew by 2.0% compared with the same month a year ago, due to a 5.8% increase in new work. The expansion in new work was partially offset by a 3.6% decline in repair & maintenance activity. Continue reading
The UK construction sector finally seems to be turning a corner with new projects beginning to rise in almost every part of the country, according to the latest RICS Construction Market Survey.
Since the start of the downturn in 2007, the amount of construction going ahead across the country has dropped considerably and the sector has suffered substantially as a result. Continue reading