A mixture of good and bad can be perceived in the professional trades industry. On the one hand, it has been noted that there has been a great surge in tradespeople confidence, hitting the highest figures it has reached in the past 3 years; certainly a good sign of success
A mixed positive and negative sign in the industry; the number of visits which the HSE has had to inspect over the past year has markedly dropped. Whilst, on the one hand these figures do suggest recognition that construction activities are more regularly incorporating effective health and safety measures (thus
With the present skill shortages oft reported across the construction (and related services) industry, apprenticeships are commonly seen as a way forward for organisations to bring in new blood and train them up to a standard suitable, firstly for their own operations, and secondly for the wider sector where they
It has been reported in a survey by Direct Line for Business that the UK’s yearly property service charge (on average) presently sits at a notable £1,863, with this number rising another 96% specifically for new-build properties, totalling in at £2,777 per year. Additionally it has also been revealed that
In modern society, an increasing import is placed upon the energy efficiency and performance of modern buildings, with the building industry as a whole being pushed to develop buildings which can support the nation’s need for reduced energy consumption and associated price inflation. Yet, in contrast to this, a recent
Unphased by some of the major changes in tax this year, it has been reported (in recent research) that the majority of UK property investors (circa 56%, in fact) are resolute in continuing with plans to purchase further buy-to-let assets over the course of the next year. The news is,
Plans for a community-owned wind farm in Cornwall have been submitted by UK-based, green energy proponent, Good Energy. If approved, it will be one of few in the nation that doesn’t rely on either financial backing or government subsidies and could mark the dawning of a new era in renewables
This year, it has been announced that Dudley’s Aluminium, a leading fabricator of aluminium, will be commencing on a brand new project at Gatwick Diamond for new office space. With the development looking to create revenue for emergency services on the front line, the offices are to be positioned on
For the public sector, budgets have been ever-tightening, which is, as one would expect, a worrying trend for those providers of integral services such as education. Yet, whilst the picture does indeed look bleak from a funding perspective, there is always a way in which organisations can look to maintain
It has recently been reported that East Midlands based renters are happier with their landlord in contrast with any other location in England. The research, carried out by the NLA, highlighted that some 83% of renters in the area commented on their satisfaction with their present landlord, with those from
A mixture of good and bad can be perceived in the professional trades industry. On the one hand, it has been noted that there has been a great surge in tradespeople confidence, hitting the highest figures it has reached in the past 3 years; certainly a good sign of success in the industry itself. Yet, on the flip-side, it has been reported that, despite this level of confidence (and perhaps as consequence of), it is also the case that some 58% of tradespeople are actually needing to turn down work (published in ECIS’s latest industry survey). With a positive 48% of tradespeople who partook in the survey commenting that they remain confident about their success over the coming year, it could be theorised that the sector is performing fairly well. Yet, with 41% also saying that they feel considerable pressures on the fulfilment of contracts, there are also concerns that the profession is simply under too much pressure to pursue an “all work and no play” philosophy to life. With a questionable balance in fray on the division which tradespeople will be able to maintain between work and general day-to-day life, some 60% of respondents noted to the pressures they feel from work and 25% commenting that they also need to work evenings and weekends on a regular basis. This poses a concerning question as, while the industry does seem to be performing well in terms of confidence and levels of work available, it is mixed with those concerns as to the profitability of working in the sector when bearing in mind the sheer workloads and stresses associated with it. As a result, 22% of those surveyed have denied that they would look to encourage new blood to pursue a career in the industry, which is also effectively where the future of the industry itself will lie. Phil Scarrett, ECIS’s Sales and Marketing Director commented: “There is no shortage of work to go around, but serving that demand is evidently a source of significant pressure for tradespeople.”
A mixed positive and negative sign in the industry; the number of visits which the HSE has had to inspect over the past year has markedly dropped. Whilst, on the one hand these figures do suggest recognition that construction activities are more regularly incorporating effective health and safety measures (thus not needing as regular monitoring), concerns have also been raised as to the reduced “fear factor” that employers will experience – effectively, pushing them to ensure complete site safety in case of a random, spot inspection. In total, it was reported that the total inspections taken out over the course of 2014/2015 was 9,656, an 8.7% drop from the visits undertaken across 2012/2013. Though this figure might not seem like a drastic drop at first glance, it is also key to factor in the present, and former economic state in which construction companies have been operating. With companies increasingly benefiting from the recently improved economic climate, there has been a markedly improved rate of enquiries and associated projects which should, in theory have suggested an increase in the number of visits undertaken – as opposed to the drop which has been reported. The most significant drop in site visits has been perceived in Scotland, with a 55.7% drop in the number of inspections. This, most aptly can be attributed to the reduced incident rate for non-fatal injuries in Scotland, therefore requiring less site visits to double check on those already performing well. However, the HSE has yet highlighted the fact that, with risks remaining the same across Scotland and England, the same levels of support is available to Scottish construction companies, with the same level of commitment provided across the board. Yet, the big question is how construction companies will take this news and how it will change the safety landscape. On the one hand, should construction companies take the reduced visits as a pat on the back, it is possible that the recognition could drive a continued focus on safety as a key area of best practice, yet, at the same time the scales could fall on the other side, with slackness and an uneasy lack of importance placed upon safety as a result of the reduced visits – only time will tell, of course, but we surely hope for the former.
With the present skill shortages oft reported across the construction (and related services) industry, apprenticeships are commonly seen as a way forward for organisations to bring in new blood and train them up to a standard suitable, firstly for their own operations, and secondly for the wider sector where they may eventually venture out into. In support of this, a new apprenticeships resource pack has been announced to pre-empt celebrations of the benefits which both individuals and employers receive from on-the-job training. Assembled for the build-up to National Apprenticeship Week, the pack, available directly from the Skills Funding Agency, is poised to support organisations in communicating their activities over the course of National Apprenticeship Week – a clear nod to the importance of spreading understanding and awareness as a driver for the sector. In total, the event is expected to see hundreds of different events across England, between the 14th and 18th of March to celebrate apprenticeships and raise awareness, hopefully increasing further the level of interest on both sides of the fence; employer and apprentice. For the 20-14-2015 academic year is has been reported that some 871,000 people undertook funded apprenticeships over the period, sporting the highest values yet reported in the history of the study. This, highlights a keen (and important) interest in the pursuit of apprenticeships both from a career perspective and from the perspective of employers bringing in new blood to solve the skill shortages they are presently facing. With increased workloads also being reported across the industry, it’s certainly a good sign to see, with employers in dire need of addressing the shortage so as best to support the delivery of their service to an ever-expanding client base. Additionally, an additional area of focus is set to be traineeships, which is intended to be a stepping stone up to apprenticeships, encouraging people to get involved in this line of progression yet further. The main aim of such traineeships is, as to be expected, to give individuals the opportunity to undertake work experience and training in advance of an apprenticeship so that they can come better prepared, more confident and more capable to suit the requirements of their future employer.
It has been reported in a survey by Direct Line for Business that the UK’s yearly property service charge (on average) presently sits at a notable £1,863, with this number rising another 96% specifically for new-build properties, totalling in at £2,777 per year. Additionally it has also been revealed that approximately one third of property managers have inflated their service charge rates over the last 48 months, with rates presently varying between £1.55-£7 per sq ft of space. The most shocking of the results of the survey, however, is the highlighting of the fact that the average service rates which leaseholders need to pay for their share of building maintenance actually sits at a value which is greater than two months of the average landlord’s monthly rents (£906). Further to this, additional charges exist, including tax and mortgage payments, agency and management fees, and ground rent fees (on average between £327 and £371 depending on when the property was built). Additionally, it isn’t simply a case of the wide charge differentiation between newer and older properties, but even quite vastly between the nature of specific developments. This can see homeowners paying circa £1.55 per sq ft for a new-build in Croydon this year, yet £7 per sq ft for one in Lambeth next year – a shocking increase in charges. Part of the price differentiation, however, can be attributed to the very nature of what a traditional new-build may incorporate. With new-builds increasingly coming integrated with additional facilities not present in older buildings, there is at least some explanation for the vast property difference. Such additions may include things such as gyms, cinemas, libraries and more which is used to add value to the property for potentially interested investors. Increasingly, service charges are something which landlords are urged to take note of and factor into the longevity of their investment plans. With differentiation in, firstly the different areas which may be incorporated into the charges (such as shared services) as well as the potential for such charges to change rapidly in given cases, monitoring these costs is becoming increasingly integral.
In modern society, an increasing import is placed upon the energy efficiency and performance of modern buildings, with the building industry as a whole being pushed to develop buildings which can support the nation’s need for reduced energy consumption and associated price inflation. Yet, in contrast to this, a recent report from Innovate UK has criticised the actual performance of modern buildings, highlighting that the actual energy consumption is actually considerably higher than figures oft batted around. To highlight these results, a study was undertaken on a total of 49 cutting edge modern properties to assess the levels of energy consumption and how these sit with the predicted figures. In the study it was revealed that non-domestic buildings are actually regularly using 3.5 times as much energy as they have actually been built to use, meaning that they are unable to meet the expectations laid out from the design and build stages. While developers have been trying hard to push the envelope on modern construction from a sustainability perspective, It was concluded in Innovate UK’s report that many schemes have hit difficulties in the implementation of emerging technologies such as BMS. Additionally, it has also been highlighted that other common problems have included the way in which biomass boilers are controlled and metered, the provision of maintenance and also solar panels and water heaters. As such, whilst organisations are already trying hard to meet governmental expectations of energy use, Innovate UK has called out for contractors to utilise the information it has collated as a springboard from which they can develop new ways to improve building performance, reduce energy consumption and effectively feed the benefits of these efficiencies back into the wider economy. It also provided comment that EPCs are not able to offer reliable predictions on energy usage, with very little correlation between such EPCS and Display Energy Certificates.
Unphased by some of the major changes in tax this year, it has been reported (in recent research) that the majority of UK property investors (circa 56%, in fact) are resolute in continuing with plans to purchase further buy-to-let assets over the course of the next year. The news is, as expected, regarded as a bold move for such investors with reference to the previously reported market changes which will make it even more difficult for buy-to-let properties to effectively turn a profit (many reported to even have losses predicted). Of course, those looking to invest aren’t just diving in head-first, and it is instead reported that many are taking a responsible approach to their investment, with many establishing themselves as limited companies so as best to minimise the impacts of this year’s tax changes (circa 40%). Additionally, many other investors have laid out plans to increase rents at their properties to ensure a level of profitability also (some 33%). Yet, naturally, some investors have taken heed of the changes to both stamp duty and tax relief, taking a more cautious approach to their investment plans. Of those which have stated not to be securing any additional buy-to-let assets this year (the remaining 44%), a large portion (20%) attributed this to caps placed on tax relief, whilst most of those remaining (16% in total) referred to the changes made to stamp duty as one of the key causes of concern. However, following on from our recent nod to the industry changes, the news is well received, with a shade more confidence in the sector than was originally predicted. Naturally, the prospects highlight an unforeseen continuation in opportunity for industry lenders, who will be able to continue benefiting from the considerable interest in buy-to-let properties and commercial mortgages. How long this trend is to continue, however, is hard to say.
Plans for a community-owned wind farm in Cornwall have been submitted by UK-based, green energy proponent, Good Energy. If approved, it will be one of few in the nation that doesn’t rely on either financial backing or government subsidies and could mark the dawning of a new era in renewables technologies. The project will see the construction of 11 turbines with a generating capacity of 38.5MW near Bude in Cornwall. It is currently being considered by the Planning Inspectorate and will be reviewed in respect of is local impact, as well as global impact. Good Energy has remained open-minded about investment into the project, dubbed “Big Field Wind Farm”, and hopes the project will be be majority-held by local investors and residents. Juliet Davenport, Founder and CEO of Good Energy described plans as a “bold and innovative response” to last year’s Autumn Statement and Spending Review which has had disastrous consequence for the renewables sector. She continued to say that it would provide local people that opportunity to do their bit for the sustainability agenda, as well as representing great financial reward. With local ownership, all of the wind farm’s turnover will remain in the area and can be re-invested in the development of Cornwall. Back in 2014, plans were rejected by planners owing to the lack of clarity on government spending. Designs has since been re-drawn and will see the site increase its generating capacity by 50% whilst retaining the maximum height of the turbines at a proportionate small 125m. The revised plans also detail how the farm will be self-sufficient, operating exclusively on the payback from electricity generated. “Big Field Wind Farm” is hoped to provide power to over 22,000 homes local to the region. The concept of community ownership came in acknowledgement of the findings of a public opinion poll last September. The survey found that three quarters of all UK households were keen to support renewable energy projects providing profits directly benefited the local community.
This year, it has been announced that Dudley’s Aluminium, a leading fabricator of aluminium, will be commencing on a brand new project at Gatwick Diamond for new office space. With the development looking to create revenue for emergency services on the front line, the offices are to be positioned on brownfield land, effectively allowing for the land to create new streams of revenue for important emergency operations and to effectively minimise the impact of budget cuts on the provision of service. With the Gatwick Diamond possessing what may be some of the strongest commercial prospects of any local economy in the UK, the area plays host to around forty five thousand organisations already, with the new office space looking to create a further influx in employment opportunity for the local community. As such, the development is greatly anticipated as, not only supporting core essential public services, but also in expanding the commercial traffic through the area. As for the project, the organisation has been able to confirm a £670k contract where it will see the provision of much-needed facade and glazing across the development, working alongside Metal Technology to develop curtain walling solutions for the property. These solutions are then to be integrated alongside automatic smoke vents and sliding entrance doors, providing not only a pleasant, but also efficient office environment for those working there. The project itself is expected to reach completion at a later point in the year and also serves as one of the most integral projects for Dudley’s Aluminium in the area this year. In addition to this project, however, it will also be continuing to work on its £300k project in support of the upcoming Acorn Retail Park which will, once again look to create vast amounts of employment and jobs in the area; leading retailers such as M&S and Aldi also playing a role in the development.
For the public sector, budgets have been ever-tightening, which is, as one would expect, a worrying trend for those providers of integral services such as education. Yet, whilst the picture does indeed look bleak from a funding perspective, there is always a way in which organisations can look to maintain the level of service they are able to deliver in a more efficient and cost-effective manner. On-site Power Generation Through systems such as Combined Heat and Power (CHP), organisations, especially those with large, spanning estates, can look to reduce their energy costs considerably through the incorporation of power generation techniques on-site. But this isn’t limited solely to CHP, as, with the increased popularity and recognition of renewable generation surges, additional options are also available, most notably solar PV. And while pursuing this course of action would indeed trump up an initial cost, when looking at the traditional energy usage of say, a university campus, the savings per year through pursuing such power generation techniques is substantial. While today, such schemes won’t bring about any relief from budgetary cuts, tomorrow perhaps, they just might. Energy Reduction Techniques When looking at methods to reduce energy consumption, suffice to say that the best method to pursue depends most aptly on the primary activities and energy use of any given organisation. That said, there are still a few simple, tried-and-tested ways to reduce energy use for most organisational archetypes. One such method is through the usage of motion-sensor LED lights. Though lighting might initially be considered quite a small cost on a day-to-day basis, organisations have increasingly found that, with expanding estates, the costs associated with keeping premises properly lit to be quite costly in the long-term. Through the usage of motion sensing LED lights, organisations can not only improve the efficiency of their lighting solutions while in use, but can also improve larger-scale efficiencies within rooms not in use all day, every day. Procurement Channels While, for the public sector, there are always frameworks abound for organisations to tap into as a source of supply chain developments, this often isn’t the only choice available. Specifically for universities, buying consortiums and groups such as TUCO, ESPO, LUPC and more, offer a range of contractor archetypes, each procured from a value-for-money perspective. This means that, while services may be procured at a more manageable value with budgeting in mind, the level of quality and service remains unquestioned. Arguably, these groups offer an unquestionably essential service for those looking to find best-value within the supply chain. Regardless of method, however, the importance of refining day-to-day organisational efficiencies and costs is paramount. With an increasing number of organisations also offering services for companies to pursue power generation and energy use efficiency techniques, there’s also no excuse not to.
It has recently been reported that East Midlands based renters are happier with their landlord in contrast with any other location in England. The research, carried out by the NLA, highlighted that some 83% of renters in the area commented on their satisfaction with their present landlord, with those from the North West and South West coming in at a joint level of 82% satisfaction. The figures highlight some of the drastic differences in levels of satisfaction, with, in contrast to the North West, only 67% of those in the North East being satisfied with their landlord – this, in fact, heralding the lowest value of all those reported in the UK. This figure also falls short of the average level of satisfaction shown in the report, where approximately 79% commented on their satisfaction with their landlord. As for the rest of the results, 3rd Place in the report went to the South East, followed by the West Midlands, Yorkshire and Humber, London, Eastern England and the North East which came in at 80%, 79%, 73%, 72%, 71% and 67% respectively. Commenting on the report, Richard Lambert, Chief Executive Officer of the NLA nodded to the sheer quantity of good landlords which are represented in the market and that, while often portrayed to be quite “uncertain and unhappy”, the private rent sector is actually far better than most people think it is. Landlords, of course, are not on their own in supporting the tenants, however, as the NLA does indeed also offer a range of training systems so that they can provide the best possible environment for their tenants. Richard Lambert also highlighted the importance of other parties, such as governmental departments, stepping up their involvement in this support, encouraging both national and local governmental parties to also chip in for the betterment of the sector.