All the vital signs of the UK property market confirm a return to strength, according to Home.co.uk’s Asking Price Index for April. The combination of cautiously rising prices, dramatically lower marketing times and a restrained supply of properties for sale confirms that the market has adapted to a rise in mortgage interest rates and buyer […]
Capital 38 and development partner Morgan Capital have achieved planning permission for 21 Bloomsbury Steet, WC1 – an 86,000 sq ft best in class, highly sustainable, office refurbishment designed by Stiff & Trevillion. With work due to commence in Q3 2023, the comprehensive refurbishment and extension includes an additional sixth floor office and seventh floor […]
A new partnership between Planning Portal and Barbour ABI will provide the construction industry with the quickest access to planning application data available. The new system is expected to speed up the release of this information by an average of 1 month compared to the current process, where people must wait for local authorities to […]
The specialist lender Atelier has launched a comprehensive lending framework to finance residential property developments built with offsite and modular construction techniques. The drive marks the first time a major lender has addressed the challenges that SME developers face in financing modular and offsite construction. Research by Savills predicts that by 2030, 1 in 5 of all […]
Savills Planning – on behalf of client Taylor Wimpey – has secured resolution to grant outline planning permission for 1,500 new homes as part of a landmark UK housebuilding project. The approval represents the final permission for Gilston Area – part of the Harlow and Gilston Garden Town development on the Hertfordshire/Essex border. Developer Places […]
Housebuilders north of the border are calling on Scotland’s new first minister, Humza Yousaf, to engage with business and remove obstacles hampering the delivery of new homes. The appeal coincides with government housing statistics reporting a 12% fall in new starts, down by 2,580 to 19,227, in the year to the end of September 2022. […]
Bridge Industrial (“Bridge”), the US-based industrial real estate operating company and investment manager, has achieved planning consent for Bridge Point Enterprise East. Planning approval has been granted by the London Borough of Barking and Dagenham for 10 new, modern industrial buildings totalling 339,504 sq ft in Chadwell Heath, East London to serve the last mile […]
Savills forecasts presented to real estate audience in Edinburgh. The Scottish market has so far proved to be ‘resilient’ this year in the light of settling mortgage rates, says Savills. Speaking ahead of his presentation to a 400-strong real estate audience at the Scottish Property Outlook Conference in Edinburgh, Faisal Choudhry, Savills head of residential […]
A call for evidence to look at successful nutrient mitigation schemes in areas where river phosphates and nitrates are too high, has been cautiously received by the housebuilding industry. Currently, an estimated 120,000 proposed new homes are on hold because they are in areas where nitrate levels in rivers are regarded by Natural England as […]
Bricklayers, masons, plasterers, carpenters, and roofers are among a raft of trades the construction industry hopes will become easier to recruit from abroad to ease chronic shortages. The Construction Leadership Council, CLC has published a report calling for 20 different trades to be added to the migration advisory committee’s occupation, MAC, shortage list. CLC industry-side […]
