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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

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