The UK’s lack of affordable housing has resulted in a new initiative between a Housing Association, Your Housing Group, based in the midlands and a Chinese construction company, China National Building Material Company, to supply 25,000 modular homes between now and 2022.

The scheme has the support of the UK Government as the Chinese company CNBM intends to create 6 new factories which will provide employment for around 1000 people as part of the agreement.

This initiative highlights the chronic lack of houses available in the market place and why many people are looking to extend their homes rather than move. A home extension in Camden will add value to your property and has many advantages over upping sticks and moving to a new area. In London it is estimated that it now costs around £12,000 to move, taking into account Stamp Duty, agent’s fees and solicitor’s costs. £12,000 which could be invested into your current property. House Extensions North London are experienced builders that specialise in home extensions in Barnet and St Johns Wood.

New homes for England
It is generally agreed that in England alone we should be building at least 250,000 new homes each year just to stand still, and yet in 2015 we missed that target by 107,000. Many experts are suggesting that the crisis is now so great that the target should be raised to 300,000 new homes a year.

Although the Government has made several pledges to build more homes the housing shortage is increasing. Now, following the recent referendum and a cabinet reshuffle resulting in a new Prime Minster and Chancellor it is widely believed that steps are being taken to set up a £3billion fund which would be available in the form of cheap loans to small and medium sized developers to encourage the building of these much needed properties.

This Government initiative should also encourage movement in the housing market. Interest rates are the lowest they have been and show little sign of changing so now is a good time to plan and undertake a new kitchen or loft extension or implement any structural repairs that are needed. If you are not thinking of moving home, but are considering a House Extension in Finchley , call us on 0208 444 5352.

A Good time to Extend
Now is the perfect time to consider a loft conversion or extension. With the Government relaxing the planning laws projects can be started with the minimum of red tape.

With the cost of moving estimated to be around £12,000 it makes economic sense to extend your current home and add value to your most important asset.If you are considering a house extension in Finchley or Lambeth call us today on 0208 444 5352.

The Chancellor is making it easier for residents, particularly in London to extend their homes by changing existing planning laws. His aim is to allow home owners freedom to build extra storeys on their properties, without having to get local council planning consent.

This will particularly benefit London residents where space is an absolute premium. George Osborne has identified the need to expand upwards and has stated that anyone should be free to build up to the level of their neighbour’s property.

This is the next stage in the government’s assault on planning laws regarding house extensions. The plans named ‘permitted development rights’ also includes changes to the rights to convert shops into houses. We carry out House Extensions in Barnet and Finchley, so if you would like a visit and a free quotation, call us today.

Extensions may add up to 20% to the value of your home
Adding a House Extensions to your North London Home could add between 10 % and 20% to the value of your home. Not only will it improve your enjoyment of your home it will make it more desirable and more valuable if you decide to sell at a later date.

The Government have recently relaxed regulations regarding extensions so you can now add more space to your home with less red tape than previously.

Extending your home is not a cheap option which is why when extending your home it is essential that you seek out expert advice to ensure your House extension in Enfield is exactly what you require. For a no obligation quotation contact us on 0208 444 5352.

McAlpine named as main contractor for Victoria Gate shopping arcade in Leeds.
McAlpine has won the contract for the new Leeds city centre shopping Project having seen off competition from Vinci and Laing O'Rourke, the development, which received detailed planning consent last year, will include a large John Lewis store, and will link to the city's existing Victoria Quarter. “With a strong track record of delivering schemes on time and to a high build quality, we delighted to add Sir Robert McAlpine to the Victoria Gate team,” said Hammerson director Vinod Thakrar. Sir Robert McAlpine director Richard McAlpine added: “We have an established track record of working with Hammerson on outstanding retail-led developments and look forward to building on our relationship as we work together to deliver this exciting new project.” Initial building works on the site have begun with the main start on site scheduled for later this spring. The project cost is now being put at £150million and the first phase of the scheme is expected to create up to 1,000 construction jobs.

Reforms in place to fast track major projects through planning have become law.
The Government hopes the main elements of a new Act will kick-start new housing and major infrastructure work, changes within the act are also expected to get building going on stalled housing sites by allowing the reconsideration of economically unviable requirements called Section 106 agreements, that could unblock 75,000 stalled houses.The act also includes the Government’s controversial plans to allow homes extensions to be built without planning approval.