A 0.25 percentage-point increase in the interest rate charged on a fully drawn £250m development facility would add £625,000 to annual interest, according to an London Construction Magazine calculation. The same movement would add £250,000 on £100m of debt and £125,000 on £50m, before fees, compounding or changes in the amount actually drawn. The calculation matters ahead of the Bank of England…
Two large London housing schemes were paused within days of each other in October 2026, but the deeper problem is visible well beyond Canada Water and Lewisham. London new-build prices were down 6.5% year on year in the latest official split, residential starts have fallen sharply and developers are trying to sell homes into a market where buyers have more negotiating power but still face high de…
Budget 2026 will hold back major changes to Building Regulations for the remainder of this Parliament and exempt residential brownfield developments of up to 1.5 hectares in England from Biodiversity Net Gain requirements. The Budget published by HM Treasury also requires local planning authorities to digitise and publish key planning documents as open data by the end of 2027. MHCLG's Pl…
Climate resilience is beginning to turn into a construction market in its own right. The strongest evidence is no longer found in climate strategies but in capital programmes for flood defences, reservoirs, drainage, rail earthworks, wastewater capacity and public-estate upgrades that are already funded, being procured or moving through construction. The scale of the requirement is considerab…
UK construction should return to growth in 2027, but not evenly. The forecasts describe a split market, with regulated infrastructure, energy, water and some public programmes moving ahead while private housing and parts of commercial construction stay held back by finance costs, viability and weak demand. The Construction Products Association's Summer 2026 forecast has total output fall…
More than 3,000 homes a day had their asking prices reduced across Britain during September, the highest monthly volume for 15 years, according to Rightmove figures shared with the BBC . The average reduction was close to 7%, equivalent to roughly £21,000 on a typically priced home. On its own, that does not establish a collapse in housebuilding. Asking-price reductions measure the resale and…
