The South Wales division of Barratt and David Wilson Homes is re-opening its construction sites, as preparations began yesterday. Four sites across South Wales will be re-opened including Barratt Homes’ Maes Y Deri in Cardiff, Chapel Field in Loughor near Swansea and St Michael’s Gate in Llantarnam near Newport. Also opening up again is the […]
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Gatehouse Bank has appointed Chris Proudfoot as business development manager for the North. Proudfoot has five years of experience in intermediary sales and joins Gatehouse from Aldermore, where he has worked since 2017 as a BDM. Before this he was an account manager at Platform Home Loans, a subsidiary of The Co-operative Bank. Roger Evans, […]
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Funds advised by Hilltop Credit Partners, a specialist funding partner for SME residential developers, have completed an £8.6m loan to fund a development in Brondesbury, North West London. The loan was to 196 Willesden Lane Limited, an SPV controlled by Gage Properties Limited. The project is being led by Gavin Essex, a 20-year veteran of […]
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I read an interesting article on the BBC about suffering from fatigue when it comes to following COVID-19 coverage and, though as a journalist I have a responsibility to keep up with what’s happening, I have to admit I’m starting to feel it myself. Every day brings fresh horror, as the UK’s death toll continues […]
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Remortgage instructions increased by 11.8% from the week commencing the 20th to the 27th April, research from conveyancing solutions provider LMS has found. Despite the jump, overall instruction volumes are down 23% between March and April, which is due to a sharp drop at the start of the month. Nick Chadbourne, chief executive of LMS, […]
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A Forum of 23 trade and professional bodies have appealed to the Scottish government to adopt a five-point plan to help contractors through the worst of the COVID-19 crisis. The Construction Industry Coronavirus (CICV) Forum made appeals to Kevin Stewart MSP, Minister for Local Government, Housing and Planning. In order to increase cashflow a 14-day […]
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Commercial estate agents’ Gross Value Added, a metric of economic productivity, will be hit by 35% due to the COVID-19-induced lockdown, PwC analysis shows. This is partially due to decreased rent collection. Just 60% of commercial real estate rents were collected in March, leading to cash flow implications for landlords struggling to meet operating costs […]
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Property Academy founder Peter Knight will host a Goodlord webinar tomorrow discussing how to build an effective marketing strategy for the post-lockdown world. The webinar, taking place at 9:30am, is free to attend. Knight said: “Letting agents have never had such a mountain to climb but, at the same time, our industry has never been […]
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The National House Building Council, the warranty and insurance provider for new homes in the UK, is accepting a new method of wall construction to support Modern Methods of Construction. The H+H UK’s storey height elements, which have been used by Barratt to build circa 600 new homes, is one of more than 40 MMC […]
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Average property prices fell by 0.6% between March and April, Halifax’s House Price Index has revealed. Prices averaged £238,511 in April, after mortgage approvals fell by 24% between February and April. Annual growth still stands at 2.7%. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “Lockdown restrictions are rendering these […]
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