London Home Building Development to Increase

Posted on 29th March 2018

London's building industry is today seeing a surge, which is fuelling the growth of the building development industry in all of the United Kingdom. The statistics tell a story in themselves – 15 % of the houses built in the country as a whole were built in London.

The construction sector in the UK achieved a three-year high in the month of July, and the best performing sub-sector here was the housing sector. The biggest building society in the UK, Nationwide, said that house prices rose 3.9 % in the month of July; the highest rise since August 2010.

All these figures point to a resurgence in the building development field, in both the commercial and the housing sectors. London building activity has been in the doldrums for quite some time now, and it is only recently that we have seen renewed activity and a surge in the kind of investments being made.

Construction activity is one of the best pointers towards the economy. Better business prospects and a higher growth anticipated growth rate always manifests itself in greater construction activity. Today, London is bustling with renewed spirit; and with greater government spending on infrastructure and development, there is a sense of optimism and a desire to build better offices and homes.

The city is planning to raise new home construction targets from the present 30,000 a year to 40,000 a year. They are seeking more affordable housing, and are encouraging developers of high-end homes to also build affordable homes, or help to contribute towards them. Building development activity is focused more towards North and East London, rather than Central London, as the rates for land and availability of space make these areas more viable than the centre of the capital.

During this resurgent atmosphere, it is important to take advantage of the boom and be part of the rising trends. We here at AMA Skip Hire have been an active part of the construction activity in London and the surrounding area. We are experts in waste management and disposal, and have skips of all sizes for hire for any industry.

Whether it is housing or commercial development, we have the right team and the right equipment to make sure that your waste disposal systems work efficiently, and you are able to be a part of the renascent building industry. Contact us today, either by phone or using our website's online contact form, for more information on our nationwide services we're always happy to help, regardless of your requirements.