£3.5 billion and loans announced to fix cladding scandal

Housing Secretary Robert Jenrick yesterday announced an “unprecedented” £5 billion investment in building safety, including a new £3.5 billion to fully fund the cost of replacing unsafe cladding for all leaseholders in residential buildings 18 metres (6 storeys) and over in England. This is in addition to £1.6 billion pledged last year.

But, for lower-rise buildings below 18 metres with dangerous cladding, the government has pledged only loans for leaseholders with repayments capped at £50 per month “or far less.” This has not been welcomed by thousands of homeowners stuck in unsafe buildings.

In February 2015, ULS Technology plc (LON:ULS) took a 35% share in HomeOwners Alliance, a website offering information and services to UK homeowners and prospective homeowners. Gresham House Strategic PLC (LON:GHS) has a 6.56% stake in ULS Technology.

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Head of Civils joins Van Elle

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Van Elle has appointed Gary Payne as its first Head of Civils, as part of an ambitious plan to further expand the specialist offering of the company. With an impressive 25-year career with Siemens, Morgan Sindall,

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22nd April 2021

Fulcrum, the leading independent multi-utility infrastructure and services provider, has secured two new contracts, worth a combined £5.9m, at Fairham, Nottinghamshire. The Sheffield-based company will supply the gas, electricity and water infrastructure and a primary substation

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19th April 2021

Gresham House has announced that it has made a £10.5m investment today into Borderlink Broadband Limited (Borderlink). Borderlink is a Fixed Wireless Access and Fibre broadband operator serving business and residential customers across Scotland, Cumbria and Northumberland.

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19th April 2021

Demand for data centres is increasing at an exponential rate, and within the UK market the majority of sites identified for new build data centres sit in or around London. But when it comes to getting

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14th April 2021

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12th April 2021

Van Elle announced the acquisition of ScrewFast, a helical piling and steel modular foundations company, for £3.68m. Established in 2000, ScrewFast Foundations has a 15-year track record in highways, and its first rail schemes date back

Gresham House Strategic raises dividend by 20% for the third year running

9th April 2021

Gresham House Strategic plc (LON:GHS) expects to publish its full-year results in June. The latest factsheet for the period 1 January 2021 to 31 March 2021 is available at: www.ghsplc.com FY21 Summary, for the period ended 31

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7th April 2021

HM Land Registry’s new Digital Identity Standard will mean that buyers will be able to use their mobile phone to prove their identity when purchasing a property. New research by HomeOwners Alliance shows that this move

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1st April 2021

Fulcrum, the leading independent net-zero focused multi-utility infrastructure and services provider, is increasing its support for housebuilders across the UK with the introduction of its new Future Living service, which features renewable energy and smart control

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29th March 2021

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26th March 2021

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22nd March 2021

When everything depends on a successful application, shaping the right planning strategy can be the key to speed and success. Chris Hicks, Director – Planning, shares his six-step recommendation. The data centre industry is growing at

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18th March 2021

Now more than ever there are huge incentives to keeping your home purchase or sale on track. Thanks to the pandemic, more property transactions are collapsing and the associated costs are even greater this year. You’ll

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15th March 2021

When working in low-lying areas, development projects are often plagued by ‘water problems’—rising groundwater, complex engineering, the huge expense of fill. It’s a problem that we’ve been facing for a long time here in Western Australia

Online property auctions good or bad?

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There is much to be said about the growing popularity of online property auctions, especially at a time when transactions are taking longer and over 300,000 purchases fell through last year. But is it all it’s

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5th March 2021

From purchasing recycled products, reducing fuel consumption and waste to developing more efficient design solutions and construction techniques for our customers; sustainability is at the core of our business priorities. So today, World Engineering Day 2021,

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