Category: Property Development
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Government Red Tape Slash Sparks Office-to-Flats Conversion Bonanza!
Developers are rushing to turn dreary offices into desirable flats. Thanks to a rule change back in March, converting big commercial spaces into residential pads is easier than ever, with thousands of potential homes in the pipeline. New figures from property experts Knight Frank show that applications to transform large, unused offices into flats have…
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Property Developers Grapple Soaring Costs and Labour Shortages
UK housebuilders are facing a perfect storm of rising costs and labour shortages, threatening the profitability of new developments. A new report by construction platform PlanRadar reveals that a staggering 78% of UK housebuilders are battling soaring building costs. The study, published in PlanRadar’s eBook, Global Housebuilders’ Survey 2024, surveyed 669 companies across 17 countries,…
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Experts Predicting a HUGE Rise in Property Development in 2025
It’s been a rough ride for property developers lately. The industry has taken a battering, with fewer new homes being built and banks being stingier with loans. But hold on to your hard hats, because things are about to change. Here’s the summary: Why the sudden change of heart? The Numbers: What does this mean…
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Where To Build Your Next Development: England’s Housebuilding Hotspots Revealed
Are you eager to build but worried about planning nightmares? New research reveals the areas where your building dreams are most likely to become a reality. The Labour government has promised a massive 370,000 new homes every year. But with locals often opposing new developments, where will these houses actually get built? Property experts at…
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Get Ready to Build! Construction Booms as Labour’s Planning Plans Spark Optimism
The UK’s construction industry is on a roll, experiencing its strongest growth in over two years! And the reason? A wave of optimism fuelled by Labour’s plans to shake up planning laws. Building Boom Time: Experts are reporting a surge in activity across the board – from building homes to commercial projects and infrastructure. The…
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Developers Agree Government Targets Could Be Key to Unlock Housing Boom
The property development sector is breathing a sigh of relief as the new government throws its weight behind tackling planning delays. Planning Permission: A Major Bottleneck A recent survey by Shawbrook Bank revealed that a whopping 74% of developers believe that the government setting clear housebuilding targets for local councils will be the key to…
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Green Belt Gold? Developers Could Build 1.5 million Homes on Just 3% of Protected Land
The UK’s housing crisis is reaching boiling point, and everyone’s looking for solutions. But what about the Green Belt? Is it really off-limits, or could it be the key to unlocking a massive housing boom? New analysis from property consultancy Carter Jonas has revealed that using a tiny proportion of the Green Belt could provide…
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Funding Woes – Property Developers Cry Out for Help
Property developers are struggling to get the cash they need to build, according to a new report. It’s a real headache for anyone wanting to get into the property game, and could mean fewer homes being built. The research, carried out by Shawbrook, shows that a massive 77% of developers say finding funding is the…
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BRRRR Your Way to a Property Empire, Using Other People’s Money
For those looking to build a property empire, there’s a growing movement called BRRRR. But is this the real deal, or just another “get rich quick” scheme? The Telegraph investigated recently. The BRRRR Method: A Simple Explanation BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. It’s a way to build a portfolio of rental properties,…
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Developers Demand More Funding for Planning – Labour Under Pressure
Property developers are crying out for more cash from Labour to help get their projects off the ground! A new survey from Knight Frank has revealed that 52.5% of SME housebuilders are demanding more funding for planning departments. The Chancellor, Rachel Reeves, has promised to recruit 300 new planning officers – but that’s barely one…