Plans for 280 apartments to be built in the centre of Preston have been formally submitted to the City Council. The new building, consisting of 67 two-bedroom and 213 one-bedroom apartments, will replace some of the existing buildings within the development site at 127-131 Church Street. It will rise from
The latest research by estate agent comparison site, GetAgent.co.uk, has shown that the property market could be in for a strong end to the year, as the number of homes completing in December has sat 6% higher than the average monthly total for the year over the last decade. However,
Relocating to the idyllic Devonshire countryside, to a small rural village surrounded by spectacular views is a dream for many. For John Greatwood and his family, it’s now reality. John and his wife Phillipa lived and worked in Carshalton in South London with their four-year-old twins, Finley and Imogen. When
Berkeley Group – one of the largest home builders in the UK – has reaffirmed its support for the newly updated Consumer Code for Home Builders (‘the Code’) as part of its continued focus on customer satisfaction. This ongoing commitment will see thousands of home buyers benefit from additional protection
Two-thirds (60%) of people make up their minds about whether they want to buy a house within one minute of seeing the garden. Planters, trees, driveways, front doors and bin storage all play a key role in the decision making, according to new data. The survey of 2,001 people carried
Development and regeneration company, Cityheart has acquired the 442-home Royal George Village site on Greek Street in Stockport, continuing its commitment to the transformation of Stockport town centre. Cityheart secured the site following the withdrawal of previous developer Investar Property Group, which had originally been appointed as the developer in
Brentwood Borough Council recently resolved to in principle grant planning permission for Dunton Hills Garden Village. The planning application, submitted by CEG in autumn 2021, provides for up to 3,700 new homes, three care homes, a village centre and two neighbourhood hubs which will provide easy access to shops, facilities
More than half of SME builders reported the planning system as their biggest barrier to delivering new homes, according to the Federation of Master Builders, FMB, annual survey. Respondents cited ‘inadequate resourcing’ of planning departments as the main reason for delays in applications followed by poor communication. FMB chief executive
One of Eurocell’s most energy-efficient window solutions has been used as part of an award-winning large-scale residential development in Rainham, Kent. Long-term fabrication and installation partner A&B Glass, included the market-leading Logik PVC-U window system as an alternative to aluminium frames, to meet developer and homeowner demand at the Beaulieu
NHBC, the UK’s leading new homes warranty and insurance provider, recently hosted the inaugural Build to Rent Innovators event in partnership with the British Property Federation. Held in central London, over 100 developers, investors, operators, architects, and other industry stakeholders gathered to explore ‘Innovation in the Face of Regulation’ the
Plans for 280 apartments to be built in the centre of Preston have been formally submitted to the City Council. The new building, consisting of 67 two-bedroom and 213 one-bedroom apartments, will replace some of the existing buildings within the development site at 127-131 Church Street. It will rise from four storeys to a part-19 storey building with 337 sq.m of ground floor commercial accommodation provided in addition to residential amenity areas, landscaped courtyard and cycle storage. The historic 131 Church Street will be retained and refurbished and the scheme will boast an outdoor seating area in the new central public realm core. If approved the 19,257 sq.m apartments scheme in Preston is expected to start on site during Autumn 2024. Luke Averill, Managing Director of developer TAG, said: “Preston City Centre continues to look forward and we are delighted to have submitted this planning application. “We believe our project will contribute significantly to the long-term success of Preston, which is outlined in the transformational 15-year vision ‘Preston’s City Investment Plan (2020 – 2035)’. I would like to thank the professional team that have got us to this stage and also say that we are actively seeking joint venture partners for this exciting scheme.” Consultants on the scheme include DAY Architectural Ltd, Zerum PDM, Scalia Planning, Futureserve, TPM Landscape Ltd, MB Heritage, ERAP, Adept Consulting Engineers (Manchester) Ltd, SK Transport Planning Ltd, Arcaero, GIA Surveyors, Noise Air, Jensen Hughes, TC Property and RAD. Building, Design & Construction Magazine | The Choice of Industry Professionals
The latest research by estate agent comparison site, GetAgent.co.uk, has shown that the property market could be in for a strong end to the year, as the number of homes completing in December has sat 6% higher than the average monthly total for the year over the last decade. However, don’t expect to receive a new home from Father Christmas, with sales completing on Christmas Day accounting for a minute proportion of market activity. GetAgent analysed the monthly number of properties sold in each month of the year over the last decade, as well as just how many homebuyers received a new home for Christmas last year due to completing on the 25th December. The research shows that while Christmas is often considered a traditionally quiet time of the year for the property market due to buyers and sellers putting their plans on hold until the new year, this certainly doesn’t mean there will be a dip in the number of transactions completing. In fact, over the last 10 years, an average of 83,616 property sales have completed on a monthly basis each and every month. However, when looking specifically at the month of December, this climbs to an average of 88.673 – a 6% increase. What’s more, in no less than 7 of the last 10 years, the number of transactions completing has actually increased between November and December. But while December remains a relatively busy time of the year for home sellers and buyers, the chances of finding a new home under the tree on Christmas Day are slim. GetAgent analysed sold price data from the Land Registry and found that, last year, just 6 sales completed between Christmas Eve and Boxing Day. This equates to 0.001% of the 810,450 homes to have sold across England and Wales in 2022. Three of these sales completed on Christmas Eve, one Boxing Day and just two on Christmas Day itself. Co-founder and CEO of GetAgent.co.uk, Colby Short, commented: “Christmas is often considered a bit of a lull period for the property market and this is true in some respects. There’s almost certainly a reduction in the number of motivated buyers and sellers pushing ahead to agree a sale, as plans are put on hold until after the festive break. At the same time, many progressing sales will see a slight delay due to the reduced office hours and staff numbers of estate agents, solicitors and other required parties. However, for those approaching the home selling and buying finish line, December is business as usual, and market activity has actually sat above the monthly average benchmark over the last decade during the month of December. Just don’t expect Santa to leave the keys to your new home under the tree, as sales completing between the 24th and 26th December account for an incredibly small proportion of the annual total.” Data tables Data tables and sources can be viewed online, here. Building, Design & Construction Magazine | The Choice of Industry Professionals
Relocating to the idyllic Devonshire countryside, to a small rural village surrounded by spectacular views is a dream for many. For John Greatwood and his family, it’s now reality. John and his wife Phillipa lived and worked in Carshalton in South London with their four-year-old twins, Finley and Imogen. When it came to deciding where they wanted their children to go to school, the couple decided to pack up and move to the mid-Devon village of Hemyock. With a clear vision for the home and location they wanted to live in, as well as a firm deadline for when they needed to be moved by in the country, John and Phillipa searched Rightmove and found the Cavanna Homes Oak Mount development in Hemyock. “The area and its amenities were the biggest selling point for us, particularly as the local primary school is within walking distance of Oak Mount,” explained John. We also wanted to be within a 15-minute drive of Honiton as we have close friends who live there,” he added. Oak Mount is within the Blackdown Hills National Landscape with some of the homes benefiting from views over uninterrupted countryside. The three and four-bedroom family homes are within walking distance to Hemyock village with local amenities on the doorstep, including a shop, pub, post office, a doctors’ surgery and pharmacy. “We wanted a house with four bedrooms, a garage, space for a home office, and an open plan kitchen with dining space for family mealtimes”, said John. “We looked through the different house types on the Cavanna Homes website and found one that ticked all our boxes – the ‘Hockinston’!”. The couple then booked to visit the Oak Mount Marketing Suite to find out more about buying with Cavanna Homes and to explore the area. John said: “As the development was still in its early stages, not all the homes had been built yet, so the Sales Advisor arranged for us to see the same house type at one of their developments in Exeter whilst we were down visiting. “We fell in love with the Hockinston and set the wheels in motion to reserve our brand-new family home at Oak Mount.” As a Carpenter, John was able to easily visualise how their finished home would look, but to put Phillipa’s mind at ease, the couple booked a second visit to Oak Mount to look around the newly opened ‘Hockinston’ show home. “We’d never reserved a home off plan before, so I was keen to visit the show home to see the build quality and layout of the house, and we weren’t disappointed”, said Phillipa. She was also able to envisage where she could create an office to enable her to comfortably work from home as a Travel Consultant. The idea of a new-build property enticed John and Phillipa because there would be no need for renovations or costly improvement works. New-build homes also have excellent energy performance ratings, making them cheaper to run than older properties. Every home at Oak Mount is built with greener living in mind and is installed with high-quality wall and loft insulation, double glazing and an air source heat pump, which provides a low carbon heating alternative to gas. “The Sales and Site team were great at introducing us to our air source heat pump, showing and advising us how to use it most efficiently,” said John. The family collected the keys to their new home on 26th July and moved in two days later. Finley and Imogen started at the local primary school in September; “We can do the school run in under 5 minutes with no need for a car, which is fantastic. It’s been a big change for the twins, but they’ve really embraced it and are settling in well”, said Phillipa. “We love our new home and we’re living out our countryside dream”, added John. Building, Design & Construction Magazine | The Choice of Industry Professionals
Berkeley Group – one of the largest home builders in the UK – has reaffirmed its support for the newly updated Consumer Code for Home Builders (‘the Code’) as part of its continued focus on customer satisfaction. This ongoing commitment will see thousands of home buyers benefit from additional protection introduced following an independent review of the Code. The revised Code (fifth edition), effective from 1 January 2024, provides enhanced protection for consumers, with additional requirements and guidance for builders to help improve customer service. Berkeley Group has sought to operate in line with Code requirements since the Consumer Code for Home Builders was first launched in 2010, and latest research shows 97.5% of its customers would recommend Berkeley to a friend[1]. The Group is now preparing for the additional requirements contained in the updated Code. Rob Perrins, CEO of Berkeley Group, said: “Our customers are at the heart of everything we do, which is why we’ve always been supportive of the Consumer Code for Home Builders. The Code provides clear requirements, with supporting resources and training, which help our colleagues across the business maintain consistent, high quality customer service. “We particularly value the experienced, independent feedback provided by the Code through a combination of site audits, adjudicator decisions and industry-wide learning. The Consumer Code for Home Builders is ideally placed to provide us with credible, experienced, and sometimes challenging feedback, that supports our commitment to customer satisfaction and continuous improvement.” Noel Hunter, Code Chair, said: “We are delighted that Berkeley Group has confirmed its ongoing commitment to the Consumer Code for Home Builders. Our revised Code builds on over ten years of enhanced protection for new-build home buyers. It’s extremely encouraging to see the additional requirements and consumer protection we’ve built in, being welcomed by the industry.” A free ‘Transition Pack’ is available to help home builders comply with the revised Code and can be downloaded from the Code’s Home Builder Resources Page alongside other useful documents. 1Based on customer feedback surveys independently collected by In-house Research FY 2023 [1] Based on customer feedback surveys independently collected by In-house Research FY 2023 Building, Design & Construction Magazine | The Choice of Industry Professionals
Two-thirds (60%) of people make up their minds about whether they want to buy a house within one minute of seeing the garden. Planters, trees, driveways, front doors and bin storage all play a key role in the decision making, according to new data. The survey of 2,001 people carried out by Marshalls, found that 68% of people would be put off wanting to buy or live in a property if there were big design flaws with the front garden that they didn’t like. Looking at the features that appeal to prospective buyers, those supporting biodiversity top the bill. Planters, hanging baskets and real grass areas (21%), as well as trees (20%), wildlife gardens (17%), raised bedding areas (15%) and bird baths (14%) were the top responses, followed by new driveways (14%), bin storage (13%) and privacy screening (12%). More than two-fifths (43%) said they care more about the appearance of the front of their home now – including their garden, driveway and features like the front door – than two years ago. People’s top reasons for caring about their home’s kerb appeal include improving its appearance from the outside (44%) and improving its value (29%). One in ten want to keep up with their neighbours, while others take inspiration from family and friends (20%), social media (15%) and magazines and TV shows (15%) on how to style the outside of their homes. In terms of wider housing developments, two-fifths of the research respondents said they’d be more likely to buy a newbuild home if it had well-landscaped communal areas. Safety was also critical, with lighting and CCTV making up the rest of the top three features sought after in shared spaces. Speaking about the findings, which are outlined in the Marshalls Improving the Landscape white paper, Ben Warren, Managing Director of Landscape Products at Marshalls, said: “In a world where image is so important, it’s no surprise to find that kerb appeal has a huge impact on whether someone buys a property – and these findings prove just how influential is, with the outside of a home impacting a buyer’s decision within a matter of seconds. “In recent years, we’ve seen a rise in social media trends focusing on the front of homes, with searches for ‘front garden’ on Pinterest increasing 35%. Driveways have also been in demand for some time, and with the rise in electric cars we suspect this will continue as people want to charge their vehicles safely and securely. “What’s important in the quest for ultimate kerb appeal is to balance practical spaces – like driveways and bin storage – with features like plants and trees, to help attract wildlife and make a space attractive. As one of the UK’s leading manufacturers of sustainable building materials, at Marshalls we do more than just supply the right products, we also support with design and engineering expertise to help builders and developers enhance their offering to sell homes’ quicker, as well as supporting installers to create dream spaces for homeowners.” For more information about the expertise and support Marshalls are offering housebuilders visit marshalls.co.uk/builders/house-builders Building, Design & Construction Magazine | The Choice of Industry Professionals
Development and regeneration company, Cityheart has acquired the 442-home Royal George Village site on Greek Street in Stockport, continuing its commitment to the transformation of Stockport town centre. Cityheart secured the site following the withdrawal of previous developer Investar Property Group, which had originally been appointed as the developer in 2022. Royal George Village is the largest purpose built apartment development in Stockport and has a GDV of £120m. Following the acquisition Cityheart made an immediate start on site with PP O’Connor commencing enabling works on the day the purchase completed. The scheme is part of the 130-acre regeneration district Town Centre West, which is being driven forward by Stockport Mayoral Development Corporation (MDC). The district will deliver 4,000 new homes, alongside local amenities, green spaces, new workspace and radical transport improvements, transforming Stockport into the most liveable and well-connected town in Greater Manchester. A £9m GMCA brownfield grant has been secured to support the delivery of the scheme which was previously part of the Stockport College campus. Cityheart is now procuring a contracting partner for the first phase of the scheme and will commence demolition and construction works in mid December, the full scheme is scheduled for completion in 2026. Jonny Wrigley group chief executive of Cityheart comments: “Royal George Village is one of Stockport’s most important residential opportunities and we are proud to be bringing these much-needed contemporary homes forward, further enhancing the quality of housing in Stockport town centre. Since topping out our 196 apartment scheme with our joint venture partner Rise Homes at Stockport Interchange in May, we have been keen to contribute further to the regeneration of Stockport and investing in Royal George Village provides the ideal opportunity to continue our relationship with the town. “We have made an immediate start on site and will implement a rapid build programme to deliver these high quality new homes at Royal George Village which will be a key contributor to Stockport’s ongoing renaissance.” Eamonn Boylan, interim chair of Stockport MDC said: “Delivering more, high quality homes for local people to live in the town centre is where true regeneration starts – we then start to see the positive impact on our high streets, in our retail centres, and we create a larger workforce which attracts businesses and drives forward the town’s prosperity. 2023 has seen significant progress to Stockport’s £1billion town centre regeneration, and, as we look ahead to what is set to be a monumental year with the completion of a number of our landmark developments, we look forward to working with the team at Cityheart to deliver these essential new homes for Stockport.” The regeneration of the three-acre site on Greek Street and six neighbouring buildings will see the former college campus redeveloped into a mixed-use scheme which includes 442 apartments both for sale and rent. The 115,000 sq ft Torkington Building will be converted into 122 apartments, while the 60,000 sq ft Lyme Centre would be demolished and replaced with a 16-storey apartment block comprising 258 units. The grade-two listed Greek Street Building – the former Metropolitan Girls’ School – will be converted into collaborative co-working space for local businesses. In addition, a new-build six-storey ‘Gateway’ building will be constructed providing 62 apartments at the corner of Greek Street and Royal George Street with off plan sales set to launch in Q2 2024. The Hexagon lecture hall, located close to the grade two-listed War Memorial Art Gallery, is set to be demolished and replaced with public realm and civic space. The 16,000 sq ft University Centre building will also be demolished to provide an internal, south-facing courtyard to create additional public open space and private gardens for residents. Original architects, DAY Architectural has been retained to work on the new scheme. Beyond Corporate has provided legal support during the acquisition. Building, Design & Construction Magazine | The Choice of Industry Professionals
Brentwood Borough Council recently resolved to in principle grant planning permission for Dunton Hills Garden Village. The planning application, submitted by CEG in autumn 2021, provides for up to 3,700 new homes, three care homes, a village centre and two neighbourhood hubs which will provide easy access to shops, facilities and services. There will also be three primary schools, a secondary school, children’s nurseries and a community sports hub, as well as a football and cricket pitches. About half of the site will be green and blue space, which will include trees, hedgerows, grassland and habitats, as well as a village green, community growing space, an orchard, ponds and new informal parkland. There will be a 20% net biodiversity gain when compared to the existing site. Designed to be a healthy place to live and work, it will include new walking and cycling routes, as well as formal sports facilities. A mobility hub will provide a forward-thinking approach to the sustainable travel proposals which include a community concierge, hire and repair of cycles, car sharing schemes, traditional bus and demand responsive transport infrastructure. An improved pedestrian/cycle link to West Horndon railway station is to be provided which will complement the Council’s aspirations to enhance the facilities available at the station. Charlotte Robinson, Head of Planning at CEG, said: “This decision follows many years of engagement with the Council, local stakeholders and residents. It is a locally designed and landscape led scheme which will provide a mix of new homes and employment space, set within extensive green spaces, with schools, healthcare facilities, shops and services all within walking distance. “As well as including extensive investment into transport infrastructure, alongside the education and healthcare provision, there will also be much-needed affordable housing designed to enable local people and young people stay in the area. “CEG would like to thank the officers of the Borough and County Councils for working in collaboration with its own consultant team to enable Dunton Hills to reach this position. The consultant team was co-ordinated by David Barnes of Star Planning and included by Broadway Malyan, SLR/Vectos, WSP, Lichfields, Brookbanks and Clyde & Co” The development will create 1,150 jobs and will support a further 700 plus jobs in the local area. There is expected to be some £71million of additional expenditure each year, supporting the local economy. Building, Design & Construction Magazine | The Choice of Industry Professionals
More than half of SME builders reported the planning system as their biggest barrier to delivering new homes, according to the Federation of Master Builders, FMB, annual survey. Respondents cited ‘inadequate resourcing’ of planning departments as the main reason for delays in applications followed by poor communication. FMB chief executive Brian Berry said: “For small builders, the survey is clear that the system is too complex and costly. Communication from local planning authorities is also poor. Without changing this, planning issues are likely to loom large as a barrier for some time.” Extra expense due to planning delays was the most significant cause of additional costs. Out of the 127 members surveyed only 12 per cent had a ‘high degree of certainty’ in the planning process. Nearly half, 45 per cent, had medium certainty with a third, 32 per cent, seeing a low degree followed by 11 per cent with a very low degree of certainty in the planning process. The second biggest barrier was restricted mortgage availability with just over half, 51 per cent, indicating this was a problem. Buyer demand was at its lowest since 2015, when the survey began recording this data, with an average score of two out of five, with five being very good and nought being very poor. “This issue has seen a rapid rise over the last two years, reflecting the devastating impact the wider economy can have on the small house builders. With many consumers choosing not to take out mortgages it would appear the market is only getting smaller, resulting in less homes being built,” said Mr Berry. He added that this would be tough for SMEs whose housebuilding market share has dwindled from 40 per cent more than 30 years ago to just ten per cent now. Nearly a third of respondents, 63 per cent, said small site opportunities are decreasing, down from 82 per cent last year, with five per cent reporting that the number is increasing. And 60 per cent reported obtaining planning for small sites was worsening with 59 per cent believing national planning policy framework requirements on councils to identify sites wasn’t helping. “Lack of available land is also frustrating small builders and without proper incentives for local authorities to promote small sites it seems unlikely there will be much change,” added Mr Berry. Interest rate charges hold SME developers back Access to finance received the lowest rating in six years of just under two out of five with interest rate charges on new loans quoted as the most significant issue restricting the ability to build new homes. More than half, 53 per cent, cited self-build or custom contracts as the most popular source of funding for a new project. Brokers Hank Zarihs Associates said there were still development finance lenders out there offering a property development mortgage at a good rate. Nearly all respondents, 94 per cent, said it had become more expensive to build over the last 12 months. More than half, 53 per cent, said it had become 20 per cent more expensive with one in five saying it was 30 per cent more expensive per site. Just under a quarter, 24 per cent, plan to grow their on-site workforce over the next year with 57 per cent planning to keep roughly the same numbers and 12 per cent planning to decrease headcounts. Half of respondents said they would be upskilling their workforce with 36 per cent reporting they would hire one or more apprentices down slightly on last year’s 40 per cent. Over 70 per cent of respondents said they were not confident about the new rules on biodiversity net gain which go live next year. More than half said there would be increased costs associated with future homes standards in 2025 when gas boilers can no longer be installed. Building, Design & Construction Magazine | The Choice of Industry Professionals
One of Eurocell’s most energy-efficient window solutions has been used as part of an award-winning large-scale residential development in Rainham, Kent. Long-term fabrication and installation partner A&B Glass, included the market-leading Logik PVC-U window system as an alternative to aluminium frames, to meet developer and homeowner demand at the Beaulieu Park housing scheme. Eurocell worked with A&B Glass, based in Sudbury, to manage the specification and supply of Logik for 90 plots covering a combination of new build residential homes and private apartments. Each stunning new home at Beaulieu Park benefits from the attractive finish Logik offers, in addition to its outstanding technical performance which includes low U-values and A++ rated energy efficiency. Work at Beaulieu Park took 18 months to complete. The development has since won the ‘Residential Super Major’ category at the Medway Housing Awards, where the judges complimented how the development has been moulded to create a strong sense of character and is confident in its design. A&B Glass has long standing experience supplying the new build market and an understanding of the balance that needs to be achieved between appearance and product effectiveness. Having manufactured and installed Logik across a wide number of new build developments throughout the UK, it is clear the system is answering the needs of the new build sector from both perspectives. Martin Benn, Head of New Build at Eurocell, comments: “Our partnership with A&B Glass on this prestigious new build development in Rainham sees the project, and future homeowners and residents, benefit from what Logik has to offer. This includes its unrivalled range of colour options, which support design ambitions, cost-effective, long-term performance, and strong sustainability credentials offered by all our profiles.” David Miller, New Build Sales Manager for A&B Glass, commented: “After reviewing the specification required for the window solution for this project, Eurocell’s Logik system was the ideal answer. The developer, McCullough Homes, alongside its architects, were seeking a modern and contemporary window aesthetic to complement the overall development design. So, the specification of more than 90 Logik frames in a highly appealing grey finish provides superb visual appeal across the whole project.” David Miller continues: “It is fantastic to have Eurocell’s technical expertise on hand should we need it. We have developed a close and mutually beneficial working relationship that has lasted over two decades, and both our companies understand the demands and issues housebuilders have when it comes to the new build market. “Logik is a highly specified window solution because it is proven to not only look good after installation, but it also ensures high performance for many years. It is fit for purpose, looks stylish, delivers strong thermal performance, and provides the finish the clients actively seek.” If you have any questions or would like more information then please email newbuild@eurocell.co.uk or call 0870 120 3003. Building, Design & Construction Magazine | The Choice of Industry Professionals
NHBC, the UK’s leading new homes warranty and insurance provider, recently hosted the inaugural Build to Rent Innovators event in partnership with the British Property Federation. Held in central London, over 100 developers, investors, operators, architects, and other industry stakeholders gathered to explore ‘Innovation in the Face of Regulation’ the evening’s theme. The event was opened by keynote speaker Lee Rowley MP, now Minister of State for Housing. The minister spoke about the importance of innovation in the housing sector and the challenges the industry faces. He recognised the crucial role Build to Rent (BTR) is playing in the market and its value in helping relieve housing shortages. Mr Rowley also touched upon the government’s role in balancing regulation with the pro-growth, pro-development stance it takes to house building. He also impressed the importance of housing quality, as well as volume; he encouraged high quality residential development in all sectors and expressed his support for all delivery routes to high standard homes. Other speakers included Polly Simpson, Head of Multifamily Development at Savills, Duncan Sutherland, Public Affairs Director at Sigma Capital, Olaide Oboh, Executive Director at Socius and Jamie Smith, Development Director at Related Argent. A broad range of industry stakeholders were in attendance including delegates representing British Land, Citra Living, L&G, Lendlease, Long Harbour, Abrdn, and Unibail-Rodamco-Westfield, among many others. Niki Kyriacou, Sector Lead – Build to Rent at NHBC commented: “I’d like to say a big thank you to everyone who helped make our inaugural Build to Rent Innovators event such a success. The profile of BTR in the UK property market is rising and the evening brought together leading stakeholders to hear the latest developments in the sector. BTR is facing challenges on many fronts, from the heightened regulatory environment to the increased cost of borrowing, but it continues to grow and thrive. NHBC works in trusted partnership with the BTR market, helping developers build quality homes right, first time. The minister’s comments on the importance of quality chime with NHBC’s true north in building quality, safe homes, while providing long asset protection to developers and investors.” Ian Fletcher, Director of Policy at the British Property Federation commented: “It was a pleasure to partner with NHBC for this unique event. All the delegates are innovators in their own right, and the hard work that has gone into the BTR sector over the past decade has been a privilege to witness. The BTR sector is dedicated to building a better private rented sector and is conscious of wider placemaking and social value creation. It’s generating new opportunities for small businesses and harnessing new technologies to enhance its offer, but most importantly, it’s a sector very highly rated by its customers.”
