Youngs Consultancy
Written by Daley Young Persimmon reported at the end of April, that since the closure of its sites and sales offices in late March, it had devised and tested “a range” of new site protocols to allow for a return, “while ensuring the necessary social distancing restrictions are strictly enforced”. The move was welcomed by housing secretary Robert Jenrick
Written by Daley Young Giving an update on trading from January 1 until the end of April, Taylor Wimpey said it now had plans and processes in place to start a phased process of site reopening from May 4 “based on detailed new site operating protocols developed in compliance with strict social distancing requirements,” on most of its sites
Written by Daley Young Bellway site work resumed on 4th May on a phased basis. Following other housebuilders, the firm said it would only undertake tasks “that can be performed by our employees and subcontractors working in a safe and responsible manner, whilst adhering to strict social distancing measures”. The housebuilder plans t0 initially focus on homes close to
Written by Daley Young Bewley Homes says it is in “no rush” to reopen its sites and will tur to technology to promote a safe working environment once its workers do return. The Hampshire-based housebuilder, which aims to restart its sites at the start of June, “if all goes well”, said it intended to use a system which will
Written by Daley Young Releasing figures Taylor Wimpey reported a 5% increase in group completions to 16,042 including joint ventures (2018: 15,275) in 2019 confirming the results for the year were “in line with expectations”. Revenue increased by 6.4% to £4,341.3 million (2018: £4,082.0 million) with operating profit of £850.5 million (2018: £880.2 million) – volume growth was offset
Written by Daley Young In a new report launched in Parliament on 4th March, the Home Builders Federation (HBF) highlighted the diverse workforce needed to ensure that the UK meets the challenge of building 300,000 homes every year. It also stated that more than 49,000 new recruits were necessary to increase housebuilding to meet the government’s target. The report, Building a Future:
Written by Daley Young A record first half volume output has been achieved by Bellway for the six months ending January 31 2020 with the completion of 5,321 new homes (2019 – 5,007), a rise of 6.3%. Private homes have been in strong demand, with an 11% rise in the private reservation rate to 151 per week (2019 –
Written by Daley Young Berkeley is set to increase its annual housing delivery over the next 6 years by 50%, reporting it is bringing forward 25 “large and complex residential-led developments” of which 20 have recently been acquired. The firm has begun construction on 20 new sites, including a number of these new large regeneration sites, over the past
Written by Daley Young The Queen’s speech back in December confirmed the government will bring forward measures to boost home ownership, with a consultation to follow shortly on its “First Homes” initiative. In her speech setting out a summary of the government’s intended legislative programme – the second in two months following the general election which returned a Conservative
Written by Daley Young Housebuilder, Bovis Homes has completed its acquisition of Galliford Try’s Linden Homes and Partnerships and Regeneration businesses and announced a new name for the enlarged housebuilder. The £1.1 billion deal was agreed in November, which consists of a combination of shares in Bovis and cash, and the transfer to Bovis of GT’s £100 million debt