Crest Nicholson Reports Strong Profit Surge as UK Housing Market Stabilises

Crest Nicholson has delivered a robust financial performance for the first half of 2025, with adjusted pre-tax profit more than tripling to £7.9 million, compared to a loss of £30.9 million in the same period last year. The company’s statutory profit also improved significantly, reaching £9.4 million. Despite this recovery, revenue declined slightly to £249.5…

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Expert Legal Guidance Facilitates Unsafe Cladding Removal for Southwest Block of Flats

In the aftermath of the Grenfell Tower tragedy, the United Kingdom has faced an urgent challenge in addressing unsafe cladding on high-rise residential buildings. For residents living in these hazardous conditions, the consequences were severe: properties could not be sold or remortgaged, and homeowners were left in a constant state of insecurity. A recent successful…

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£390m Student Accommodation Towers Set to Transform Manchester City Centre

Manchester’s city centre is set for a major transformation with the proposed redevelopment of Manchester Metropolitan University’s aging Cambridge Halls. A £390 million joint venture between Unite Students and Manchester Met will replace the existing 1990s-built accommodation with two modern high-rise buildings, standing 30 and 24 storeys tall and offering around 2,300 student beds. The…

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Regeneration Approved: Chorley’s Cowling Mill Site to Become Sustainable Housing Development

After more than a decade of delays and complications, the long-awaited redevelopment of the former Cowling Mill site in Chorley has finally received outline planning approval. Sixty-five new homes are now set to be built on the derelict plot, marking a significant milestone in one of the borough’s most protracted planning journeys. Originally submitted in…

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Built Environment Welcomes Strategic Infrastructure Boost in Spending Review

The UK’s built environment sector has responded positively to Chancellor Rachel Reeves’ announcement of a £113 billion capital investment plan, revealed in her first spending review. Touted as a cornerstone of “Britain’s renewal,” the initiative aims to drive growth through infrastructure, housing, and regeneration priorities long championed by professionals across construction, property, and architecture. Key…

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Ashfield Approves Over 450 New Homes in Major Expansion Plans

Ashfield District Council has approved two significant housing developments totalling more than 450 new homes, marking a major step forward in addressing the district’s growing demand for housing. The projects, located on Hamilton Road in Sutton-in-Ashfield and Beck Lane in Skegby, will deliver 250 and 230 homes respectively. The developments, situated just 1.8 miles apart,…

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Major Road Improvements Announced Near Botany Bay Business Park in Chorley

Lancashire County Council has approved a £2.2 million upgrade to two key roundabouts near Chorley, aimed at easing traffic congestion around the newly developed Botany Bay Business Park. The improvements come as national retailers Greggs, Costa Coffee, and Central Co-op have recently opened at the site, increasing traffic volume in the surrounding area. The roundabouts…

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Regional Co-Living Growth Accelerates as UK Investors Shift Focus Beyond London

The UK’s co-living sector is undergoing a significant transformation, with regional markets emerging as key growth areas. According to new research from boutique investment and debt advisory firm Excellion Capital, co-living completions outside London increased by an impressive 1,508.2% in 2024, signalling a growing appetite among investors for purpose-built, community-focused residential assets. Distinct from traditional…

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