Latest News
Build to rent investment set to hit record high in 2020
As structural warranty specialists, we are regularly called upon to provide latent defects cover for build to rent (BTR) developments, and we’ve seen the popularity of such developments grow over the past decade. This week, we read that despite the impact of the...
SMEs experience ‘bounce back’ in workloads
Almost half of SME builders enjoyed an uptick in demand over the summer, with two-in-five expecting workloads to increase in the autumn, according to the latest survey by the Federation of Master Builders.
Affordable Housing Commission calls for £1.3bn fund to deliver 42,000 new homes and 9,300 jobs
Housing leaders are calling on the government to set up a £1.3bn ‘national housing conversion fund’ to enable social landlords to buy up private housing. A report released today by the Affordable Housing Commission said that such a fund could deliver 42,500 new...
Affordable Housing Commission calls for £1.3bn fund to deliver 42,000 new homes and 9,300 jobs
Housing leaders are calling on the government to set up a £1.3bn ‘national housing conversion fund’ to enable social landlords to buy up private housing. A report released today by the Affordable Housing Commission said that such a fund could deliver 42,500 new...
UK house prices hit record high as buyers seek extra room
Following the UK lockdown, house buyers have been seeking more spacious properties, driving the price of three and four bedroom homes to a record high. As reported by the Times, buyers seeking extra space as coronavirus restrictions force people to spend more time at...
Working from home helps first-time buyers save up for a mortgage deposit
Here at Advantage, we spend our days helping clients ranging from individual self-builders to leading developers create the homes of the future, issuing structural warranties for projects of all sizes. We’ve written recently about how exceptional levels of demand are...
“Exceptional” levels of demand drive house price growth
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 signs ‘biggest ever’ modular housing deal with Liverpool company
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...
Monthly construction output grew by a record 23.5% in June, but has not yet recovered to pre Covid-19 levels
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%...
