Labour backing builders not blockers, welcomed by FMB

SIR KEIR Starmer MP announces that the Labour Party will back house builders to deliver more homes as house building targets are set to hit record lows, is welcome news says the Federation of Master Builders (FMB).

Brian Berry, Chief Executive of the FMB, “It’s positive news that the Labour Party is backing builders to deliver more homes and committing to remove the blockages stopping them from being delivered. However, it’s critical that small local housebuilders have the opportunity to build many of these new homes given they currently deliver just 10% of all new homes, down from 40% over 30 years ago.”

Berry continued “For too long we have not been building enough homes to address the growing housing crisis, resulting in overcrowding and young people not being able to afford to get on the housing ladder. The proportion of 25-34 years old who owned a home in 1989 was 51% but that percentage figure has now fallen to just 28%. We must get back to building homes and small, local house builders can lead the charge, delivering high quality homes, fit for their communities.”

NAYLORS Estate Agents are offering for sale a former public house with planning permission (ref: NK/2022/0700) for demolition of the property and erection of a six-bedroom 3,200 sq.ft. dwelling.

BREEDON GROUP, the construction materials group, has completed three recent bolt-on transactions with a combined enterprise value of up to £19m.

In Northern Ireland the acquisition of Robinson Quarry Masters Limited, a family-run quarrying and concrete block business in Country Antrim, has further extended Breedon’s footprint North of Belfast and enhanced its aggregate reserves on the Island of Ireland. Robinson Quarry Masters has a well-established customer base with exposure to housing, commercial and infrastructure endmarkets.

In Great Britain Breedon has acquired two downstream businesses.

Broome Bros. Limited is a leading manufacturer of concrete blocks based in Doncaster, adjacent to one of the company’s existing ready-mixed concrete sites, and Minster Surfacing Limited is an award-winning regional surfacing business based in Lincoln with strong sustainability credentials delivering a diverse portfolio of works from the Midlands to London.

The property – The Queen’s Heade Public House, Main Street, Sutton Bassett, Near Market Harborough, Leics. LE16 8HP – boasts sensational open views to the horizon.

Guide Price: £475,000.

Call 01858 450020 for more information or email: sales@ naylorsestateagents.com