Tag: homebuilders
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SME homebuilders are in ‘real danger’, HBF says
Unpredictable delays, rising costs and new levies could push SME home developers out of the market, according to a new report. The report, Planning for Small Sites, has been published by the Home Builders Federation (HBF) and Quantum Development Finance, using analysis from planning and development consultancy Lichfields. According to the findings, SME homebuilders are facing…
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First-time homebuilders create their lifelong dream home
For Sonia and Jamie Hockaday, the chance to fulfil a long-held ambition proved too good an opportunity to miss when a neighbouring plot of land became available. ‘The idea of building our own home had always appealed to us,’ says Sonia, ‘and it also allowed us to create a home purpose-made for the needs of…
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‘Plan early’ — homebuilders warned building costs are set to rise 12% by 2030
Homebuilders and renovators face a challenging landscape as building costs are set to rise by 12% over the next five years, according to the latest forecast from the Building Cost Information Service (BCIS). With tender prices also expected to increase by 15% and new work output predicted to grow by 19%, those looking to build…
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Spring Budget brings major boost for homebuilders, homeowners and housing market
In today’s Spring Budget Statement, Chancellor Rachel Reeves announced measures aimed at reviving the UK housing sector. With a shortage of skilled tradespeople holding up the building of houses, the government is injecting significant funding into training the next generation of builders. Alongside this, energy efficiency initiatives are being introduced, with the government claiming these…