Monday: 03/03/2025 / News

Daily News: 03/03/2025

Bromford Flagship Ltd. has announced the successful completion of the merger between Bromford Housing Group Limited and Flagship Housing Group Limited. The move aims to create a stronger organisation for the future. Bromford Flagship Ltd

The UK government has published the Commonhold White Paper, outlining major reforms to end the feudal leasehold system. Homeowners will have a stake in ownership from day one, no ground rent, and greater control over building management. GOV.UK

The National Wealth Fund (NWF) has committed £150m to support The Housing Finance Corporation (THFC) in providing unsecured loans for retrofitting social housing across the UK. Meanwhile, Harlow Council has approved a £136.6m housing budget for 2025-26 to transform its council housing. National Wealth Fund, Harlow District Council

North Northamptonshire Council (NNC) has pledged to address its social housing shortage after a report revealed over 6,000 people were waiting for housing at any given time, while only 1,319 homes became available in 2023-24. BBC

Travis Perkins Managed Services (TPMS) has secured a three-year contract with Platform Housing, one of the Midlands’ largest housing associations. Housing Digital

Lancashire-based civil engineering and building contractor Colin Briscoe Construction has entered administration, while administrators have also been appointed at Ashville Aggregates and Concrete. At the same time, structural steelwork giant Severfield has issued a profit warning, citing project delays and declining business confidence. Construction Enquirer, Construction Enquirer, and Construction Enquirer

Balfour Beatty is facing a £34.4m legal claim over alleged defects at The Hive, a student accommodation building in Bethnal Green completed in 2009. The contractor denies responsibility for the reported issues. Construction News (register)

The latest Q4 2024 State of Trade Survey from the FMB reports an 8% decline in workloads for small building companies in the final quarter of 2024. Federation of Master Builders

The Chartered Institute of Building has released a survey examining attitudes towards construction careers among 2,001 young people (16-24) and 2,000 parents (31+) across the UK in 2025. CIOB

Plans for 1,434 homes in South Wokingham, including a school and public space, have been approved. Basildon Council has approved plans for 480 new homes in Billericay, while planning permission has been granted for 445 new homes in Castleton. A 135-home estate in Leicestershire is approved, and Sutton may greenlight 1,000+ flats at a B&Q site. Plans for 550 homes at Lincolnshire Lakes and 299 at Whitworth Park, Spennymoor, await approval. The Construction Index, Essex Live, Rochdale Online, BBC, MyLondon, BBC, and BBC.