Posts with tag: house building

Architects Still Reporting Lack of Brick Supply

Published On: May 26, 2015 at 9:52 am

Author:

Categories: Landlord News

Tags: ,,,

Architects are still having problems getting enough bricks for projects, despite the industry pushing for production growth.

Last summer, the lack of brick supply hit the news as some products had 60-week lead-in times. Research has indicated that the import of foreign bricks has more than doubled since.

The Brick Development Association (BDA) has discovered there was a 17% rise in production during 2014 and a 5% increase in the first quarter (Q1) of 2015.

However, architects are finding that there is still a shortage of bricks. Businesses are organising projects around lead-in times, availability and even other construction materials.

Head of Sustainable Design at Pollard Thomas Edwards, Tom Dollard, says that the practice is typically reporting a worse situation than last year, but bricks are still a strong cladding solution.

He says: “We are having to be more creative in terms of the construction techniques. More contractors are looking at structural insulated panels and timber frame as an alternative to traditional brick and block.”1

Architects Still Reporting Lack of Brick Supply

Architects Still Reporting Lack of Brick Supply

Director at Ollier Smurthwaite, Matt Ollier, is also having difficulties, with most bricks being used from mainland Europe: “Our starting point now, when looking to specify bricks, is to ask which bricks are available on short lead-in times.

“UK bricks are still a minimum of 20 weeks lead-in. Things don’t appear to be as bad as they were, however, last year we were given a waiting time of 44 weeks.”1

Project Orange associate, Barry Stirland, says that black and white brick façades used in one of its projects – a 216-property development in East London – has been specified to take brickwork “off the critical path altogether.”

He explains: “The building can be made watertight before a brick is laid. Brick samples were submitted to the planners well in advance of commencement on site and their timely approval has allowed the main contractor to place their order in line with the construction programme.”1

Director of 5plus Architects, David King-Smith, has not experienced any availability changes, but is being more selective in specifications: “Shortages in effect seem less of an issue simply because we have adapted to the market really.

“I don’t see a particular problem with the current position and I no longer see it as unique versus any other lead-in periods in the industry in general.”1

King-Smith says that some clients are asking the practice not to use brickwork generally, but this is equally due to a shortage of skilled labourers.

Chief Executive of the BDA, Simon Hay, says that the industry has responded well to the shortages of 2014 and has also made huge capital investments to keep up with demand.

He notes: “The provisional stock levels at the end of Q1 2015 stood at 415m, this is the highest figure of stocks since Q1 2013. At the end of Q1 2014, production was only 389m.

“Production now is 464m in Q1 2015, therefore, stocks are rising in parallel with production, but it still takes time to replenish all brick types as the industry makes over 1,200 bricks in the UK. Contractors may always have to order ahead for the most popular bricks.”1

Economics Director at the Construction Products Association, Noble Francis, reports that although production rose by 17% in 2014, deliveries only increased by 4%. However, imports grew by 117% compared with 2013.

He says that the market is back to pre-recession levels: “In 2008-09, house builders were able to order days in advance due to the sharp fall in house building leading to rises in brick stocks despite falls in capacity.

“Over the past two years, house building has risen considerably and, as a consequence, house builders are being asked to plan in advance once again. In addition, prices have risen due to the rise in demand. That is not a brick shortage, that is a natural consequence of demand.”1 

1 http://www.architectsjournal.co.uk/news/architects-struggle-to-get-hold-of-bricks-continues/8683345.article?referrer=RSS&utm_medium=twitter&utm_source=twitterfeed

 

Stamp Duty Cuts Cause Record High Demand

Published On: May 20, 2015 at 2:22 pm

Author:

Categories: Finance News

Tags: ,

House building firm Crest Nicholson has found that Stamp Duty cuts have caused record high levels of demand in the housing market, which has enhanced its half-year forward order book by 25%.

Stamp Duty Cuts Cause Record High Demand

Stamp Duty Cuts Cause Record High Demand

Chief Executive of Crest Nicholson, Stephen Stone, spoke of the boost after a trading update on Monday: “These sales rates are some of the best I’ve ever experienced in my career.”

Property prices in the UK have increased for the past two years after the Government aided buyers by reducing the Stamp Duty for most purchases in December 2014.

Crest Nicholson generally builds high quality homes in the South of England. The company said the Government’s cuts helped to drive forward sales up by 25% to 1,786 units and £336m in the six months to the end of April.

The shortage of second-hand homes on the market has seen the profits of builders around the country grow significantly.

Stone continues: “We saw a real spike from January, with no sales slowdown in the run-up to the election, which was something we had anticipated.”1

He believes that better employment levels, wage growth and mortgage availability during this time are the reasons behind the progress.

The average open market selling price increased by 20% to £322,000, indicating price inflation and a move to the higher end of the housing market.

Shares in Crest Nicholson rose by 31% since the beginning of 2015, with Stone saying investors are confident that the company will make £1 billion in annual sales by 2017.

In 2014, the firm saw a 16% increase in completions, to 2,530 new homes built, putting it two years ahead of the target volumes expected at the time.

1 http://www.ft.com/cms/s/0/6858f03c-fdfb-11e4-9f10-00144feabdc0.html#axzz3agRBMCg0

One in Four Want to Build Gadget-Friendly Home

Published On: May 18, 2015 at 10:14 am

Author:

Categories: Landlord News

Tags: ,,

New research has found that over one in four Britons want to build their own homes for all the latest technology.

One in Four Want to Build Gadget-Friendly Home

One in Four Want to Build Gadget-Friendly Home

According to the data from Confused.com, 79% would like the freedom of designing their own home and a third want to build so that they can have a gadget-friendly property.

A third of tech-lovers are now hoping for smartphone-controlled appliances and a fifth would like self-flushing toilets and voice-activated lighting.

43% of respondents also expect domestic features to include facial recognition security systems within ten years, 36% predict smart fridges and 19% envisage voice-activated cookers.

The survey, of 2,000 adults, revealed 9% already use their phone to control some household appliances. Of those using this technology, most (62%) use it for their television, 29% for their lighting and 13% for curtains.

Furthermore, one in five think that by 2025, houses will have remote controlled fridges and steam washing machines.

Others believe that in the future we will have sinks with inbuilt dishwashers, smart kitchen surfaces that can identify what’s on them and keep food at the right temperature, and fridges that create recipes from the food in them.

Head of Home Insurance at Confused.com, Gareth Lane, says: “We’re all individuals and it’s understandable that we’d want to reflect this within our homes.

“Building your own home is the ultimate step towards that goal, whether you prefer a more traditional home or one with every gadget on the market. Brits are more technology savvy than ever, but this does come at a price.

“When buying fancy gadgets, it’s vital to check these features are covered on your home insurance policy, especially the more futuristic wacky technology that is often very expensive. This includes adjusting your policy when you renovate or purchase new items.”1

The study found that 27% of adults would like to build their own property, with one in 15 (7%) Britons having already built their own home.

However, 25% said they prefer a more traditional home, 23% think that modern household appliances cause laziness and 17% believe modern technology in the home causes complications.

1 http://www.dailymail.co.uk/news/article-3082613/Why-one-four-want-build-house-nation-Grand-Designers-make-facial-recognition-systems-voice-activated-cookers-standard-features-ten-years.html