A third of firms to join the Construction Leadership Council’s, CLC, latest round of net-zero champions are SMEs. These include Benfield Timber Buildings who supply timber frames for housebuilders, solar panel and battery supplier EvoEnergy and Zed pods which builds micro-homes above car parks. CLC co-chair Andy Mitchell said: “The power of the CLC comes […]
Development and bridging lender Pivot has announced the launch of a new development finance offering with an in-built LDS Sales Guarantee. The new facility will provide SME housebuilders and their brokers with the option of taking out a Pivot senior lend combined with an LDS Sales Guarantee. LDS offer a unique service guaranteeing to acquire […]
The global construction market is set for a sustained period of strong growth post-Covid-19, driven by government spending on infrastructure and the transition to a net zero society. However, the switch to more sustainable buildings and infrastructure, the upscaling of clean energy facilities and the adoption of modern building methods will transform the risk landscape, […]
A 112-year-old family-run business in Worcester has secured its future for generations to come thanks to a six-figure loan from Unity Trust Bank. J Prosser & Son, which is based in Malvern and employs 26 people, specialises in bulk haulage, plant hire and earth removal services and recycles the aggregate and soil it gathers by […]
Research by real estate debt advisory specialists, Sirius Property Finance, has revealed how the pandemic halved the profits taken by the nation’s biggest housebuilders and while positive signs have been seen since, the industry is yet to completely recover. Sirius Property Finance analysed the pre-tax profits of the nation’s 12 largest housebuilders and found that […]
Supply chain disruption, material price inflation and a shortage of skilled labour continued to intensify in Q3 2021, which could challenge strong workloads led by new infrastructure schemes underway across the United Kingdom – this according to a survey of experts and professionals working in the construction sector by the Royal Institution of Chartered Surveyors […]
Finance experts CompanyDebt just published insights about an incoming wave of business failures among the UK’s construction sector. Supply and demand in the global energy market have pushed prices to a record high this month in what industry pundits are called a ‘perfect storm.’ Energy prices are now over 250% higher than they were in […]
New public money focussing on unlocking brownfield land to pave the way for up to 116,000 new homes has been announced by the government. The £624m funding is available to all housebuilders particularly SMEs to help them pay for key infrastructure such as public transport and new schools as well as land remediation. Housing minister […]
A network of pioneering developers, designers, investors and insurers have launched a multi-million euro fund to scale up timber construction on the eve of COP26. Engineers Arup, modular housebuilder BoKlok, Lendlease and sustainable architects Bennetts Associates are among the backers of Built by Nature, set up by the Laudes Foundation. Built by Nature chair Donald […]
An overwhelming majority, 89%, of local builders are reporting delays because of supply chain issues or difficulty recruiting staff, according to a survey of SMEs. And 60% of respondents to the Federation of Master Builders, FMB, state of the trade survey for the third quarter, July to September, said they had halted projects due to […]
