Real Estate & Construction News in United Kingdom from Propertyshowrooms.com

Redrow aims to cut costs as margins worsen

Wed, 14 Jan 2009 00:00:00 GMT

Margins at Redrow will worsen by five percentage points this year, the housebuilder warned, after announcing falls in selling prices and radical cuts in its building programme...

Timescale 'unclear' for construction industry recovery

Tue, 13 Jan 2009 00:00:00 GMT

Predictions for the recovery of the construction industry are changing week-by-week, the CIC has stated...

Scottish public sector homes reach record construction levels

Tue, 13 Jan 2009 00:00:00 GMT

Work began on 5,700 new-build public sector homes during 2007-08, new figures from the Scottish government have revealed...

Nearly 700 more job losses at JCB

Mon, 12 Jan 2009 00:00:00 GMT

JCB announces a further 684 redundancies at its UK factories, only months after cutting hundreds of jobs...

Rate cuts fail to lift Bellway

Fri, 5 Dec 2008 00:00:00 GMT

Successive interest rate cuts and government intervention have not yet come to the aid of the troubled housebuilding sector, according to Bellway, which revealed sales at less than half last year’s level...

Construction to halve in vulnerable UK areas

Thu, 4 Dec 2008 00:00:00 GMT

The credit crunch has led to a decline in mortgage availability and property sales, derailing the UK government's £2.2bn plan to regenerate 11 struggling locations in the north and Midlands...

Building sector in sharp contraction

Wed, 3 Dec 2008 00:00:00 GMT

The construction sector suffered a further sharp contraction in November, driven largely by a fall in house building activity, which fell to its lowest level on record, according to a closely watched measure...

London property market to get "timely boost"

Fri, 21 Nov 2008 00:00:00 GMT

Boris Johnson has outlined a £5 billion plan to stimulate London's property market and boost construction in the capital...

House builders want radical action to boost property market

Fri, 21 Nov 2008 00:00:00 GMT

House builders are calling for radical action to help boost the property and construction industries in the UK...

Investors 'set to benefit' from fall in construction

Thu, 20 Nov 2008 00:00:00 GMT

A fall in construction rates could benefit investors as demand increases over the coming years, it has been claimed...

Fewer Homes Being Built Than Ever

Thu, 20 Nov 2008 00:00:00 GMT

The number of new homes being built in England has slumped to a record low...

Taylor Wimpey under bank pressure

Wed, 12 Nov 2008 00:00:00 GMT

Taylor Wimpey’s bankers have stepped up demands on the house builder for compensation for resetting its debt terms to avoid a breach of banking covenants in early 2009, seeking the option to take up equity in the company...

Major developments being halted across the UK

Wed, 12 Nov 2008 00:00:00 GMT

Construction on mixed and retail developments are being stopped across the UK as the credit crunch curbs lending and banks pull loans...

Housing alterations 'more affordable' in economic downturn

Wed, 12 Nov 2008 00:00:00 GMT

The current economic downturn could see builders reducing their prices, possibly benefiting those thinking of making alterations to their home...

Loft conversions 'can boost property value'

Mon, 10 Nov 2008 00:00:00 GMT

Converting a loft into extra bedrooms can be an easy way of boosting a property's value, it has been suggested...

Flint admits it will be tough to reach the 3 million new homes target

Tue, 23 Sep 2008 00:00:00 GMT

Caroline Flint said today the government would encourage the development of the private rented sector among a range of measures to kickstart the ailing housing market and admitted the government's target of 3 million new homes may not be...

FMB passes policy proposals to Lib Dems

Fri, 12 Sep 2008 00:00:00 GMT

The Federation of Master Builders (FMB) has marked the eve of the party political conference season by sending a package of policy proposals to Nick Clegg, the leader of the Liberal Democrats whose conference takes place next week...

UK housebuilders

Thu, 11 Sep 2008 00:00:00 GMT

The biggest risk may be that, under pressure to generate cash flows to reduce debt, housebuilders turn to heavy discounting to drive sales volumes...

Barratt in defiant mood as it seeks growth

Thu, 11 Sep 2008 00:00:00 GMT

The tone of the housebuilder's results presentation struck some observers as over-confident, particularly as the 12 months to the end of June were punished by a 94% share price fall...

Redrow rocked by profits slump

Wed, 10 Sep 2008 00:00:00 GMT

HOUSEBUILDER Redrow yesterday compounded the gloom in the sector as its annual profits tumbled by nearly half...

Demand for housing "outstrips supply" in UK

Wed, 10 Sep 2008 00:00:00 GMT

There is a shortage of housing in the UK, according to one expert...

Merely a truce in the builders' long war of attrition

Wed, 3 Sep 2008 00:00:00 GMT

Was that a ragged cheer echoing across the no man's land between housebuilders and homebuyers? More of a sigh of relief that the government had finally clarified its...

Taylor Wimpey talk lifts building sector

Wed, 27 Aug 2008 00:00:00 GMT

Poor sales figures from Bovis Homes dashed the fragile recovery in sentiment in the housebuilding sector on Tuesday, although the gloom was soon lifted by rumours of a debt lifeline for larger rival Taylor Wimpey...

Persimmon sees bottom of crisis

Fri, 22 Aug 2008 00:00:00 GMT

The country's largest housebuilder by market capitalisation reported a slump in pre-tax profits and slashed its dividend but said conditions are beginning to stabilise...

Housing benefit for Welsh wood

Wed, 20 Aug 2008 00:00:00 GMT

THE timber sector is well positioned to benefit from new targets on sustainable and affordable housing...

Surveyors appoint specialist to team

Wed, 20 Aug 2008 00:00:00 GMT

SOUTH WALES chartered surveyors Hutchings & Thomas has strengthened its professional team with the appointment of a specialist surveyor...

Super-port contract to be signed

Wed, 20 Aug 2008 00:00:00 GMT

A contract to build a £1.5bn container port and business park in the Thames Gateway is due to be exchanged...

Green light for 40-acre regeneration project in Cheshire

Wed, 20 Aug 2008 00:00:00 GMT

NPL Estates has got the go-ahead for a 40-acre regeneration scheme in Northwich, Cheshire...

Building cost lift threatens public projects

Wed, 13 Aug 2008 00:00:00 GMT

A Rics report forecasts that construction costs will continue to rise over the next two years, raising further questions on the viability of long-delayed schemes in the UK...

Build costs could hit 2012 Olympics and Crossrail

Wed, 13 Aug 2008 00:00:00 GMT

The public may be forced to contribute more money to fund major public sector projects such as Crossrail and the 2012 Olympic Games, which have been badly hit by rising costs, according to a new report...

Eco homes: Putting the green into golf

Tue, 12 Aug 2008 00:00:00 GMT

But just how eco-friendly can Greg Dyke's holiday homes development really be, asks Fred Redwood...

Residents challenge Heron’s ‘Black and Bling’ Barbican tower

Fri, 8 Aug 2008 00:00:00 GMT

The Barbican Association has challenged Heron International over its plans to alter the external appearance of its residential tower Milton Court in the City of London...

Aurora and Premier Property to redevelop major Manchester office

Fri, 8 Aug 2008 00:00:00 GMT

Aurora Property Developments and Premier Property Group have submitted a planning application to redevelop 22-26 Cross Street, next to The Royal Exchange in Manchester...

MyChoiceHomeBuy tested by housebuilders

Thu, 7 Aug 2008 00:00:00 GMT

A government-backed scheme to close the gap between house prices and income is being trialled in various parts of Britain by housebuilders including Barratt and Ward Homes...

Pacific Park construction nears completion

Wed, 6 Aug 2008 00:00:00 GMT

CHARNWOOD GROUP has announced the latest and final phase of development at its Pacific Business Park site in Ocean Park...

Property group’s proposal for retail

Wed, 6 Aug 2008 00:00:00 GMT

AWG Property is planning to add a retail element to its £100m Celtic Springs Business Park in Newport...

Hard-hit housing sector drags activity in UK construction sector to new low

Wed, 6 Aug 2008 00:00:00 GMT

THE hard-hit housing sector has dragged activity in the UK construction sector to a new low...

Eco homes: 'Our meter is going backwards'

Tue, 5 Aug 2008 00:00:00 GMT

Sarah Lonsdale meets a couple who got rid of the oil tank and put in solar panels...

Building activity falls at record pace

Tue, 5 Aug 2008 00:00:00 GMT

Construction activity fell at a record pace in July, a survey showed yesterday, as the credit crunch took an increasing toll on the property sector and added a sombre...

Lend Lease hit by UK falls

Tue, 5 Aug 2008 00:00:00 GMT

Lend Lease, the Australian property group that is developing London’s Olympic village, has announced a large drop in the value of its stake in Bluewater...

Building activity slumps

Tue, 5 Aug 2008 00:00:00 GMT

Construction activity fell at a record pace in July, a survey showed yesterday, as the credit crunch took an increasing toll on the property sector and added a sombre note to economic forecasts...

Construction slowdown 'will boost housing market'

Tue, 5 Aug 2008 00:00:00 GMT

The recovery of the housing market will be assisted by the slowdown in the construction industry, it has been claimed...

Government urged to 'green' existing housing stock

Mon, 4 Aug 2008 00:00:00 GMT

Ministers are being urged by the Chartered Institute of Housing (CIH) to develop a long-term plan to improve the energy efficiency of homes...

Report highlights eco-towns progress

Fri, 1 Aug 2008 00:00:00 GMT

A new eco-towns report for the government says "significant progress" has been made ahead of the final selection.

Newham kicks off search for £600m regeneration partner

Thu, 31 Jul 2008 00:00:00 GMT

The London Borough of Newham has formally started its search for a partner for a £600m vehicle to regenerate the area as an Olympic host destination and beyond...

Housing schemes shortlisted for £200m Transport Infrastructure funds

Thu, 31 Jul 2008 00:00:00 GMT

Housing Minister Caroline Flint and Transport Minister Rosie Winterton yesterday shortlisted a range of housing developments which could benefit from a share of a £200m transport infrastructure fund...

Croydon arena dream in tatters

Thu, 31 Jul 2008 00:00:00 GMT

A plan by developer arrowcroft backed by croydon council for a huge arena in the south London borough has been rejected by the communities secretary...

Lovell to develop £53m housing project in Hounslow

Tue, 29 Jul 2008 00:00:00 GMT

Construction company Morgan Sindall’s affordable housing business Lovell has been selected as a preferred development partner by Hounslow Homes and the London Borough of Hounslow for a residential scheme in Heston, West London...

New build energy efficiency hailed

Tue, 29 Jul 2008 00:00:00 GMT

The greater energy efficiency offered to occupants is a great reason to buy new homes, a housing firm has stated...

Legal setback to eco-towns proposal

Wed, 23 Jul 2008 00:00:00 GMT

The Local Government Association warns that the government's intention of using a new 'planning policy statement' for the developments 'is likely to be unlawful'...