Could Modular Housing provide millions of good new homes?

Modular Housing could be the answer to Britain’s housing needs! They are built off-site, enabling quick and fuss-free construction.

modular housing

On average, house prices in England are seven times people’s incomes, and over a million families with children now rent from private landlords. Could modular housing be part of the solution?

Modular homes are constructed from “modules” that are pre-built off-site in factories. However, Nicky Gavron, former deputy mayor of London and long-time advocate for modular housing, says the recent models are “light years” away from prefab homes of the past. “Now they are precision-engineered, digitally designed, eco-efficient, slashing energy bills and affordable. Not just affordable to build, but to live in.”

Modular technology is quick to assemble, which is why historically it has been used in the military and public sector. This is exactly why the country needs it, Gavron argues.

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Commercial Developers Wait for Brexit Clouds to Clear

Growth in the construction industry slowed last month for the first time since September.

construction things on a table

Uncertainty over Brexit and the future trading relationship between Britain and the European Union was blamed for moderate fall in commercial building work, continuing a downward trend that began in July.

The slowdown was outlined in the purchasing managers’ index for construction, a closely watched survey of the health of the sector. The industry makes up about only 7 per cent of the economy, but developers’ investment decisions are an indicator of how optimistic businesses are about Britain’s confidence and prospects.

The survey’s measure slipped to a balance of 52.2 in December, after hitting a five-month high of 53.1 in November. Any reading above 50 indicates growth, while a figure below represents contraction.

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Carillion Collapses into Liquidation as Talks Fail

Carillion is to enter compulsory liquidation after failing to reach an agreement with lenders to keep it afloat, putting major government contracts and thousands of jobs at risk.

carillion

In a statement, the company said: “Carillion continued to engage with its key financial and other stakeholders, including the government, over the course of the weekend regarding options to reduce debt and strengthen the group’s balance sheet.

“As part of this engagement, Carillion also asked those stakeholders for limited short term financial support, to enable it to continue to trade whilst longer-term engagement continued.

“Despite considerable efforts, those discussions have not been successful, and the board of Carillion has therefore concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect.”

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‘Smaller builders mean happier customers’ says survey

House buyers are twice as likely to be satisfied with homes built by a small building company than by one of the majors, new research suggests.

'Smaller builders mean happier customers' says survey

The Federation of Master Builders (FMB) has looked into satisfaction rates among people who have bought a newly-built home in the past five years. It found that 36% of those whose home was built by a small and medium-sized (SME) house-builder described themselves as ‘very satisfied’ with the quality of their new home.

By comparison, on 17% of customers of Top 20 house-builders were ‘very satisfied’ with the quality.

The FMB said that this showed that smaller local builders were better than big national ones.

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Alok Sharma opens UK’s first ‘plot shop’ for self and custom-build homes

The UK’s first-ever ‘plot shop’ has been officially opened in the town of Bicester in Oxfordshire by the housing and planning minister Alok Sharma.

self- and custom-build homes

The plot shop is located on the high street and the outlet will sell plots of land on the Graven Hill site in Oxfordshire to those who wish to build their own home.

The Graven Hill development is set to be the largest of its kind in the UK, delivering up to 1,900 new self and custom-build homes.

The plot shop promises to pioneer custom- and self-build as a mainstream choice for aspiring homeowners.

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