Police forces across England are increasing working with councils to set times that abnormal loads can or cannot travel on the UK’s roads and the impact is increasingly making construction more expensive, logistically complex or practicably impossible. Richard Beresford, chief executive of the National Federation of Builders (NFB), said: “A productive nation is nothing without a […]
The UK’s fastest bricklayer has praised the talents of more than one hundred apprentices at the National House Building Council’s (NHBC) latest graduation ceremony in Milton Keynes. Held at the UK’s leading warranty and insurance providers NHBC Headquarters in Knowlhill, Milton Keynes, on Friday 16 February 2024, YouTube sensation and Super Trowels Bricklaying Competition winner, […]
Significant changes are on the horizon for IR35, set to take effect on 6 April. This new policy, known as ‘IR35 offset’, aims to prevent double taxation by empowering HMRC to offset tax and NI contributions already paid by contractors, fostering fairer sharing of tax liabilities throughout the supply chain. The offset provision is likely […]
The number of sites that gained planning permission in 2023 dropped to the lowest level for a 12-month period since The Housing Pipeline Report began in 2006. The 10,527 sites were granted permission in 2023 – a 16 % decrease on 2022 and a 23 % fall on 2021. The volume is about half the […]
Aarin Chiekrie, equity analyst, Hargreaves Lansdown: “Although the near-term outlook for Persimmon remains uncertain, the significant pent-up demand for homes remains unchanged. Persimmon’s average weekly sales rates fell around 16% in 2023, as high interest rates and the removal of the Help-to-Buy scheme have weighed on buyer affordability. As a result, total completions of new […]
The State of the Roofing Industry member survey from NFRC and Glenigan for Q4 of 2024 builds on its third quarter results. The fourth quarter highlights some key statistics covering topics from a concerning late payment trend to a call for continuity of public non-residential RM&I, which is expected to be the fastest growing sector […]
The NFB has been warning the government for four years that their Biodiversity Net Gain (BNG) strategy will punish small and medium sized builders (SMEs) the most; making many developments unviable and seeing huge swathes of farming land lost to the BNG credit market. Early indications suggest this and worse is happening, with NFB members […]
Aarin Chiekrie, equity analyst, Hargreaves Lansdown: “Taylor Wimpey’s put in a relatively resilient showing given the difficult market conditions of 2023. Full-year operating profits came in at the top end of group guidance, but this still represents a roughly 50% fall from the prior year’s levels. A combination of real house price declines and lower […]
The new build division at national brokerage Just Mortgages has reported a bumper start to the year, with new build leads and enquiries up 40% year-on-year. In addition to a strong start compared to 2023, the team at Just Mortgages has seen a month-on-month increase in enquiries across its new build division. In fact, in […]
On Wednesday 7 February, members of the home building industry came together to mark the first year of the successful Women into Home Building programme. The programme was developed by the Home Builders Federation (HBF), in partnership with Women into Construction and nine major home builders. It aims to create more opportunities for women to gain […]
