Thursday, 29 November 2012

North Wales Construction Industry


The North Wales Construction Industry is seeing a steady growth and maintenance, as firms continue to secure both short and long term contracts to help continue building and renovating public, private and commercial areas.

Investment from the Welsh Government into various public projects has kept construction companies and their employees busy all year round, with money being invested in renovating many of North Wales’ public facilities to help drive tourism into the area.

Many of Wales’ main railways stations are being renovated by local construction companies to help give visitors a fantastic first impression upon arrival into the area. Stations such as Llandudno (£5.1m) and Rhyl (£2.5m) are set to have construction work done, funded by the Welsh Government, the European Regional development Fund and various rail groups.

As education continues to be an important area of interest for the Welsh Government - many schools, colleges and universities are seeing investment into their facilities, which are completed by local construction companies. Schemes seen across the UK which allow empty houses to be renovated and new houses to be built, mean that construction workers are being kept busy all around the clock, meaning that employees are required day in and day out, which helps fight unemployment problems found within the North Wales area and United Kingdom as a whole.

Although there is plenty of work on for many construction companies, the call for more government schemes such as the ‘NewBuy’ scheme seen in England is being called upon. This scheme allows new houses to be built and bought by people with slightly lower deposits than normal, helping to get people onto the property market, which would prove to be beneficial to both the property and construction industries of the area.

As established businesses are given the chance to expand, and micro businesses are allowed to grow, construction in the area could be called upon for new infrastructure that helps create more jobs, opportunities and a better economy.

Tuesday, 27 November 2012

Over 2,000 NewBuy reservations since the schemes launch in March

The government-backed mortgage indemnity scheme has proved highly popular with homebuyers as it allows purchasers to acquire a new home with a deposit of just 5%.

The government-backed mortgage indemnity scheme has proved to be very popular with new home buyers, as it allows people to place down deposits of just 5% to secure themselves a new property. The new data provided by the Home Builders Federation (HBF) revealed that over 2,000 people have now reserved new homes through the NewBuy scheme, since it launched in March.

Since it launched in March, NewBuy has proved extremely popular amongst mortgage lender, house builders and new customers alike, with over 50 developers now on board. Over the coming year, the NewBuy scheme hopes to make a huge difference in helping tens of thousands of people reach a major milestone in securing their very own house. Stewart Baseley, executive chairman of HBF said that “reaching 2,000 NewBuy reservations clearly demonstrates the customer needs for such a scheme, helping to kick start the home construction industry once again”. The scheme hopes to help promote economic growth and help create thousands of jobs across the country, in what is expected to become a highly beneficial project.

Steve Morgan of Redrow Homes recently said that the new kind of mortgage indemnity guarantee (MIG) backed by the government is exactly what is required to help the industry get back on its feet again. Many industry experts believe that a similar MIG scheme the second hand market would be perfect to follow this, especially for first time buyers, as the purchase of a second hand home frees up the chain for someone to buy a new build home.

The entire industry waits to see the overall outcome of the scheme, as hopes rest on a success, which will in turn help improve the property market across the country.

There are many new house developments throughout the North Wales region including new homes in Colwyn Bay and other parts of north wales.

Friday, 23 November 2012

UK home owners: Give your home a Winter Health Check now!


Property owners in the UK are being urged to give their homes a ‘winter health check’ ahead of the harsh winter expected this year. During the colder months, it is common for people to retreat indoors, paying much less attention to the exterior and vital functionality features of a property - that must be maintained.
Many companies that offer property insurance are trying to get home-owners to give their property a thorough essential check, as preparation is considered to be the key to prevention. Home insurance sees thousands of claims each year with problems regarding burst and freezing pipes – averaging £1,500 per incident. Other popular issues regarding property include wind storm damages, which also cost a significant amount of money to repair.

If home-owners spend a small amount of time ensuring that their property is suitably prepared for the upcoming harsh winter, they can avoid unnecessary problems that can put a dampener on any household, especially around Christmas and New Year – which is the last thing anybody wants!

How to prepare and what to check?

Home-owners are being urged to make general checks of the home on all of the essential features that must be in good working order for a warm, happy and comfortable household during winter.

OUTSIDE CHECKS:
  • Condition of the roof:  Look for cracked or broken tiles, crack in the chimney or problems with the mortar.
  • Functionality of the gutters and drain pipes: Remove any debris or leaves that have built up to reduce the chance of overflow, blocks and flooding.
  • Gates and outbuilding doors should be closed properly: These can be torn off during high wind speeds.
  • External light fittings should be securely fitted: This will help avoid the risk of damaged bulbs and broken glass.
  • Cut back low hanging branches: These have been known to cause serious problems for home-owners  as they can be blow off and onto something of high value – e.g. Car. Cutting back those risky branches can save you some serious time and money.

INDOOR CHECKS:

  • Boiler checks: It is always suggested that heating boilers should be serviced at least once a year by a GasSafe registered professional and have central heating and gas fire systems checked, to make sure that they are working safely and effectively.
  • Loft checks: The loft should be checked for adequate insulation, but also ventilation.  Should home owners employ thicker curtains and keep central heating set to at least 10 degrees, they will maintain a warm home with extremely lower risk of experiencing frozen pipes.
  • Windows: These can be draught proofed to avoid rattles in the wine, leaks during rain and keep the heat indoors. Specialist window companies can replace old frames with new ones that are designed to keep all heat in and rain/wind out.

OTHER PREPARATIONS:

You should make sure you have an emergency kit prepared which is easy to access within your home. Should a severe snowstorm strike, you don’t know what could happen, so having torches, spare bulbs, batteries, insurance documents, emergency contact details, tinned food, warm clothing, blankets and a shovel is important.

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