Titan's Experience in the Housing Sector

Titan's Experience in the Housing Sector

 

"Following an interesting discussion on the importance of SME Housebuilders at the recent RESI 2016 conference, it was widely agreed by the panel of experts that the delivery of the government’s target of 1 million new homes by 2020 is unachievable. However, key to approaching this target will be the re-emergence of SMEs in the delivery of housing. Historically, SME builders accounted for two thirds of new housing supply in the UK, but today they account for just under a third. The key restricting factors agreed by the panel were the following;

• Inefficiencies and lack of clarity within the planning system;

• Lack of available finance; and 

• Recent changes to the taxation system.

Very little, however, was said of the importance of the construction industry and its ability to respond to the increased volumes required. In our view the construction sector does not currently have the ability to scale up to meet the proposed delivery targets and resource is already stretched against a backdrop of marginal viability for developers and contractors alike. Modular construction gained significant exposure at the conference, with Berkeley Homes committing to 20% of its new delivery to be modular. Whilst we agree that modular construction will assist in the long term, this build method is not currently easily accessible to SMEs and will be constrained to the larger sites and housebuilders where economies of scale can be derived.

Our view is that grass roots training in the form of apprenticeships and upskilling existing teams is vital to the long term sustainability of the Housing sector. Both private and public developers will benefit from a 'Partnership' led approach to the procurement of construction services which is echoed in the sites highlighted below."

Oliver Hutley, Group Managing Director

 

Recent Project Wins

 
   

Site: Lincoln House, Marlow, SL7
Client: Lennox Estates
Units: 31 Private units
Contract: JCT Design & Build
Type: Build for Sale

Our most recent win is a refurbishment project for Lennox Estates in Marlow, Buckinghamshire. The apartments will be finished to a high specification including bespoke joinery, new kitchens and bathrooms, new roof, lift refurbishment and complete redecoration. The construction programme runs for 36 weeks and is due for completion in May 2017.

Justin Gurney, Director, Lennox Estates comments: "We have worked with Titan extensively through the pre-construction phase and we are delighted to be starting on site this week and working with the team for the duration of the project."

 

 

 
   

Site: Southern Way, Surrey, GU9
Client: B2M2 Partnership
Units: 3 Private units
Contract: JCT Design & Build
Type: Build for Sale

Titan has recently been appointed as the main contractor for the construction of three quintessential 3 bedroom family homes for private sale in Farnham, Surrey. The units will be built to a high specification with some interesting architectural features. Works on-site will begin next month with project completion in May 2017.

Mark Hann, Pre-Construction Director, Titan Group comments: "The site comprises many challenges primarily due to the proximity of Farnham railway station and the required interface with National Rail. The team are looking forward to working through the issues and delivering a high quality product to the client."

 

Under Construction

 

Site: Queensway, Somerset, BA20

Client: Stonewater
Units: 24 Affordable units
Contract: JCT Design & Build
Type: Shared Ownership

Works for Stonewater have progressed well over the summer period and the building is now largely wind and water tight. Internal works are underway and we are looking forward to delivering the final product to the client in March 2017. 

 
 

Site: Freedom Avenue, Somerset, BA21

Client: Stonewater
Units: 3 Affordable DAB units
Contract: JCT Design & Build
Type: Affordable Housing

The scheme is on behalf of Yarlington Housing Group, a specialist provider of affordable housing for rent and shared ownership in Somerset. The properties which are all DAB compliant are due for completion in October 2016.

 

Completed Project

 
   

Site: Rosebank, Somerset, TA20
Client: Stonewater
Units: 10 Affordable units
Contract: JCT Design & Build
Type: Social Rent

Titan have been successfully awarded practical completion of 10 affordable homes in Rosebank, Chard. The scheme comprised a mix of two to four bedroom houses and two bedroom apartments for affordable rent. Projects like this enable families and friends who grew up in the area to stay close whilst supporting sustainability. After 15 months on this project, we are delighted to have handed over the scheme and it seems that the client is very impressed with the quality and delivery:

James Bradbury, Head of Development, Stonewater comments: "We've enjoyed working with Titan on this much-needed affordable housing scheme and we are pleased with the quality of the build and attention to detail. We look forward to working with the team again."

 

For more information on housing or to find out how Titan Group may assist you with any housing requirements, please contact:

 

Oliver Hutley - Group Managing Director, Titan Group 

T: 0844 9977000
E: oliver.hutley@titangroup.uk.com
Titan Group
Fourth Floor, 141-142 Fenchurch Street
City of London
EC3M 6BL

 
 

Martyn Stephens - Regional Managing Director, Titan Group

T: 01935 822414
E: martyn.stephens@titangroup.uk.com
Titan Group
7 North Street Workshops Stoke Sub Hamdon
Somerset
TA14 6QR

 

 

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