Build-Zone again emphasize and encourage the use of A-Rated Insurers after Alpha Insurance A/S cease underwriting

Build-Zone have always said and maintained that everyone who buys Structural Warranties should only do so from A-Rated Insurers as it is a long-term insurance policy. We can offer a choice of A-rated Insurers and high capacity/limits are available.

Danish unrated insurer Alpha Insurance has gone into solvent liquidation. An announcement on the insurer’s website blamed CBL Insurance for the failure.

It stated: “Effective immediately, Alpha Insurance A/S has ceased all underwriting, including renewals.

“This decision is a direct consequence of CBL Insurance Limited, one of Alpha Insurance’s largest reinsurers, having had their AM Best A- rating suspended and has been placed into interim liquidation.”

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Two-thirds of house builders investing in modular

More than two-thirds of house builders are investing in modular construction, a new study has found.

modular building

Lloyds Bank’s latest annual housebuilding report, released today, reveals that 68% of firms are investing in modular housing, while 56% are putting cash into panelised systems of construction.

Average investment in new building techniques is now 24% of turnover, up from 20% five years ago.

The report also found that more than half of house builders say affordable housing obligations give them cause for concern – with 45% saying they are able to meet thresholds but are worried about the impact on profits and another 7% saying meeting affordable housing policies has an “unduly negative effect on margins”.

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Structural Warranty Specialists, Build-Zone, to exhibit at ecobuild 2018

Structural Warranty provider, Build-Zone, will be exhibiting at ecobuild 2018 at the ExCel in London from the 06th – 8th of March.

ecobuild 2018 will be designed around you and will bring to life the things you tell us are most important to the future of our industry: the latest technology; the freshest thinking; and the most innovative materials to keep you at the forefront of the built environment.

The future build districts are dedicated areas of the event that will unite the many distinct communities that make up the built environment – register now and get connected. Supported by industry partners they’ll each have curated exhibitors, seminar theatres and inspiring feature areas.

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New housing agency to boost housebuilding

A new national housing agency – Homes England – has been launched by Housing Secretary Sajid Javid as one of the key steps towards delivering the homes the country needs.

housebuilding

As the successor to the Homes and Communities Agency, Homes England will drive forward change, as set out in the government’s housing white paper.

By bringing together their existing planning expertise and new land buying powers, the new agency will play a major role in securing land in areas where people want to live, support smaller and more innovative house builders into the market and resource brownfield sites from across the country to deliver homes for families.

Homes England will play a major role in fixing the housing market by helping to deliver an average of 300,000 homes a year by the mid-2020s.

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Lloyds Bank release 2018 Housebuilding Report

Our third annual survey of the UK housebuilding industry comes at a time when interest in the sector and its ability to deliver new homes has never felt stronger.

The housing market has long been subject to Government intervention – the focus of which is transitioning from largely demand-led to supply-led policies and solutions. Our research found an industry that is determined to grow and is using innovative new methods to boost the housing supply.

But housebuilders are facing challenges. Firms told us that Brexit has the potential to limit their access to workers from the EU, while a drop in the number of young people from the UK entering the industry is also contributing to concerns about long-term access to skills. Coupled with planning restrictions and the availability of land, we found a sector facing a unique set of challenges.

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