Housebuilder Sept 2018
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<strong>Sept</strong>ember <strong>2018</strong><br />
PICTURE OF THE MONTH<br />
Duchy Homes is working with the British Heart Foundation to install defibrillators at<br />
all its working sites across Yorkshire and Nottinghamshire with the BHF training the<br />
site teams to keep them safe during construction (right). Once these developments<br />
are complete, Duchy Homes will gift the defibrillators to the local communities and<br />
arrange for public training sessions by the BHF.<br />
MOMENT OF THE MONTH<br />
The weeks of sunshine and England’s surprise progress in the World Cup made<br />
the summer somewhat surreal – as if we were living in a parallel universe while<br />
our politicians continued to fail to lead us in any way at all. As someone Tweeted:<br />
“Dear Italy – we seem to have stolen your weather, your football team and your<br />
politics – we will return them by Christmas.” The World Cup progress and good<br />
weather probably dampened visitor footfall to show homes – so perhaps, for<br />
the industry’s sake, our moment of the summer should be when Croatia’s Mario<br />
Madzukic dumped our brave boys out of the tournament. But that would be<br />
churlish. Instead, let us look to politics again – it could be the appointment of Kit<br />
Malthouse as the 15th housing minister in 17 years. But maybe not. Instead let us<br />
highlight the positive – the launch of the revised NPPF was well received on the<br />
whole, described as “broadly sensible, workable and pragmatic”. That’ll do – we’ll<br />
take that. The revised NPPF is our moment of the month.<br />
PRODUCT OF THE MONTH<br />
POLL<br />
OF THE MONTH<br />
We asked:<br />
Will the revised NPPF help increase new homes supply?<br />
Yes 20% No 64% Maybe 16%<br />
Follow us on Twitter @housebuildermag<br />
Roofing and waterproofing company IKO says its Pitched Roof System meets the<br />
requirements of most pitched roof projects but with additional benefits. “IKO’s<br />
Metrotiles, for example, are steel but designed to be aesthetically indistinguishable<br />
from traditional clay pantiles, so they offer the same visual appeal with additional<br />
benefits expected from lightweight steel roofing,” explains technical manager<br />
Martin Fisher.<br />
For more products see pages 70 – 81<br />
THE HOUSEBUILDER SHARE PRICE INDEX<br />
The <strong>Housebuilder</strong> share price index graph is provided<br />
by Thomson Reuters Datastream. The graph includes<br />
McCarthy & Stone and Countryside which floated<br />
in 2015 and 2016. They join the seven companies<br />
presently tracked by the FTSE Home Construction<br />
index – Barratt, Bellway, Berkeley, Bovis, Persimmon,<br />
Redrow and Taylor Wimpey. In addition this version<br />
includes Abbey, Crest Nicholson, Galliford Try, Gleeson,<br />
Inland, Kier, Telford and Trafalgar New Homes.<br />
The new index was set as a base of 100 in February 2016,<br />
as Countryside floated. It rose gently by 13% to the end of<br />
May that year, but a month later took a hit following the<br />
EU vote to fall to 68.84. It regained lost ground through<br />
2017, peaking in October but this year has been bumpier<br />
and the graph has dipped over the summer.<br />
150<br />
120<br />
90<br />
August 18 2017 to August 17 <strong>2018</strong><br />
High 131.52 (October 24 2017)<br />
Low 107.24 (July 6 <strong>2018</strong>)<br />
Last 109.89 (August 17 <strong>2018</strong>)<br />
Aug Oct Dec Feb Apr<br />
Jun Aug<br />
housebuilder september <strong>2018</strong> 3