Big UK Fire-Safety Tax Just for Developers Unfair, says Bloomberg Intelligence

Large UK homebuilders (Persimmon, Barratt, Taylor Wimpey, Bellway and Berkeley) are likely to be disproportionately hit by hefty taxes (80% of the industry levy) for fixing apartment-building safety issues, on top of costs to fix their own legacy projects. Dents to profit and capital returns are likely to ensue, […] Click here to view original…

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Housebuilders to meet Hunt for talks as industry tax bill soars

The bosses of Britain’s biggest housebuilders will hold talks with the chancellor this week as they face a multibillion-pound bill in the form of several new levies. Sky News has learnt that the executives from companies including Barratt Developments, Fairview and Persimmon will meet Jeremy Hunt on Tuesday. The […] Click here to view original…

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Grenfell fire: Housing developers must replace unsafe cladding or face ban

Technical details : The media could not be loaded, either because the server or network failed or because the format is not supported. * If you are using an older browser please try upgrading or installing Flash. The government has issued an ultimatum to the construction industry – you’ve […] Click here to view original…

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Funding for remediation

There are currently two government funds open to housing associations to fund the remediation and replacement of unsafe cladding systems, summarised below. A third fund, the Medium-Rise Scheme, was opened in pilot form in November 2022 and is also summarised below. Following the tragedy at Grenfell Tower, housing associations […] Click here to view original…

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Housebuilders to meet Hunt for talks as industry tax bill soars

The bosses of Britain’s biggest housebuilders will hold talks with the chancellor this week as they face a multibillion-pound bill in the form of several new levies. Sky News has learnt that the executives from companies including Barratt Developments, Fairview and Persimmon will meet Jeremy Hunt on Tuesday. The […] Click here to view original…

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Cladding: Residents demand action to make fire-risk homes safe

Round-the-clock fire wardens are patrolling the site at Glasgow’s Lancefield Quay following safety concerns. By Sharon Frew , Residents of a Glasgow apartment complex say the Scottish Government and developers need to make their homes safe after delays in replacing combustible cladding. Round-the-clock fire wardens are now patrolling the […] Click here to view original…

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Housebuilders to meet Hunt for talks as industry tax bill soars

The bosses of Britain’s biggest housebuilders will hold talks with the chancellor this week as they face a multibillion-pound bill in the form of several new levies. Sky News has learnt that the executives from companies including Barratt Developments, Fairview and Persimmon will meet Jeremy Hunt on Tuesday. The […] Click here to view original…

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Firm questions ‘appropriateness’ of signing cladding contract

Developer Robertson Homes has said it is considering if it is “appropriate” for it to sign the government’s new post-Grenfell remediation contract as it has not built any tall blocks in the last 30 years. The Stirling-based firm was one of 49 firms to sign the government’s initial developers’ […] Click here to view original…

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