House prices hit the highest levels on record in July, driven by “exceptional” levels of demand. Prices rose this summer (in the first house price increase since the UK went into lockdown) according to the latest Halifax House price index. As reported by This is...
Greenwich council has chosen Liverpool company Ideal Modular Homes to manufacture 750 council homes at a cost of £300m. The council says this is the biggest modular contract to be awarded in the UK. The ‘carbon positive’ modular homes will be developed at various...
This week, Advantage has been taking a look at the Office For National Statistics’ latest construction figures. According to the ONS, monthly construction output grew by a record 23.5% in June 2020, substantially higher than the previous record monthly growth of 7.6%...
New research shows that build to rent construction has risen by 22% over the past year. There are currently 167,853 build-to-rent homes being constructed in the UK. Within London there are 11% more build-to-rent development and there are 46,221 new builds in the...
In an update to partners, John Lewis has indicated that they are seeking to convert some former stores which they no longer need into affordable housing. Last week, Advantage wrote that a UK think tank has suggested that vacant retail units “should be converted into...
