Construction
Numbers not stacking up for nearly half of building firms
Just under half of FMB members say their businesses are on track to make a loss this year, as outgoings continue to rise.
Record number of London development schemes stalled as difficulties grow
Survey shows around 70 significant projects are at a standstill, while new-build sales have fallen to their lowest level in 12 years.
Over half of all homes in the UK’s private rented sector need upgrading to hit the target EPC – Savills
A lot of progress has been made, but some 2.9 million homes in the private rented sector still need work done to upgrade their EPC rating to a C - and the bill could hit £30bn.
Sunak commits to building 1 million homes as Gove outlines long-term plan for housing
Latest government housebuilding strategy focuses on urban property development to avoid 'concreting over the countryside'.
Northern Europe faces the biggest relative increase in uncomfortable heat & is dangerously unprepared – new research
As a heatwave sweeps across southern Europe and global temperatures reach record heights, three academics from Oxford University warn the UK is likely to see a significant rise in "uncomfortably hot" weather…
RICS seeks views to ‘revolutionise residential retrofitting practices’ in the UK
Consultation of property professionals paves the way for a new Residential Retrofit Standard.
‘Moment of opportunity’ for construction industry as househunters switch on to smart tech
Consumers are making "clearly signalled requests" for energy efficiency, money saving and enhancement of daily life, and will pay a premium for a kitted-out home, according to new research.
Gove gets behind Ofsted-style ratings for new developments
Michael Gove thinks proposals for a so-called planning "matrix", as part of further reforms to the system, are "brilliant".
UK housebuilding in ‘dire straits’ as activity takes another dive
Work on resi building projects fell for the sixth month running in May, and at the steepest pace since May 2020.
Tories face donation shortfall as ‘angry’ housebuilders pull back
20% of donations to the party between 2010 and 2020 came from firms and individuals connected to the housing market.
Supply of new homes ‘hangs in balance’ as development activity drops-off
New data reveals a big drop in the number of completions, and permissions running well below the levels required to meet demand.
Planning activity plummets in Prime Central London
2022 saw the lowest-ever recorded total of applications and permissions granted in PCL, reports CBRE.