The average house price saw a slight rise in October, according to the latest Nationwide House Price Index. Nationwide reported a 0.3% increase month-on-month, with the average house price now standing at £272,226. The rate of annual house price growth also rose from 2.2% in September to 2.4% in October. Commenting on the figures, Robert…
Aleem Khan, real estate partner at law firm, Boodle Hatfield, looks at the challenging conditions facing SME housebuilders, from financing to planning, and what needs to change to support the sector. The mathematics are stark and sobering. Four decades ago, small and medium-sized (SME) developers delivered 40% of Britain’s new homes. Today, that figure has…
Construction in the UK has stalled as private housebuilding activity fell, according to the latest report on the sector. The Construction Review by Glenigan, powered by Hubexo, has found that project starts fell by 22% during the three months to the end of August 2025 compared to the previous period, and 36% down year-on-year. After…
The latest data from the ONS show a 1.2% growth in the construction sector for the last quarter, which helped UK GDP surpass forecasts. The 1.2% increase comes after a smaller growth of 0.3% in the first quarter and was driven by improvements in both new work and repair and maintenance. From April to June,…
The housing minister and MP for Greenwich and Woolwich, Matthew Pennycook, has visited a flagship Lovell and Royal Borough of Greenwich regeneration programme to see the work going on to transform the local area. Pennycook joined cabinet member for planning, estate renewal and development, Cllr Majid Rahman, to look at the transformation of the former…
Kingspan Group and Hydnum Steel have announced a collaboration on a green steel initiative aimed at decarbonising the construction sector and promoting sustainability in building materials. Hydnum Steel, based in Puertollano, Spain, is a pioneer of green steel in the Iberian Peninsula and Southern Europe. This collaboration will see Hydnum Steel supply Kingspan with green…
Deeside Timberframe, a provider of offsite manufactured timber frame solutions, has announced a multimillion-pound strategic investment programme. As part of its expansion, Deeside Timberframe has opened a new office in Warrington, marking a significant step in the company’s strategic growth across England. The move reinforces its long-term commitment to supporting developers, housing associations and contractors…
UK construction output is set for a gradual recovery this year and next following two challenging years that have particularly hit the private housing sector. Latest forecasts from the Construction Products Association predict total construction output is expected to grow by 2.1% in 2025 and 4.0% in 2026. The recovery for this year is a…
Hayfield, the Solihull-based five-star premium housebuilder, has started work on a new 44-home development in Over, Cambridgeshire. The developer, supported by RM Contractors, has broken ground on Hayfield Lodge, with the seven-acre scheme including a range of EPC A-rated two-bedroom bungalows and two, three, four and five-bedroom houses. 18 of the homes have been designated…
Crest Nicholson has purchased the Wheatley Campus site from Oxford Brookes University as they look to deliver much-needed high-quality housing to meet local demand. The 53-acre site has outline planning consent for the development of 500 homes, of which 35% will be affordable housing. The development will provide a mixture of two, three, four, and…
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