Browse Author: Tradesworld

Fresh help for house building in Scotland

More than £160 million of new funding will be targeted in 2016/17 on home ownership schemes to support 5000 households to buy their own home.

More than £80 million will go to our established Open Market Shared Equity Scheme (OMSE) helping up to 2,000 eligible first-time buyers on low to moderate incomes.

The Help to Buy (Scotland): Affordable Home Ownership scheme will help up to 3,000 households next year, backed by £80 million equity support towards the purchase price.

The three year £195 million Help to Buy scheme, which will help thousands of lower income households buy a new-build home, will open for applications on March 1.

Social Justice Secretary Alex Neil said: “I am delighted that we can help 5000 home buyers into affordable home ownership in the coming financial year, underpinned by £160 million, which is £35 million more than originally planned for this year.

Importantly, this new funding is specifically targeted to support thousands of low income individuals and families across Scotland get on or up the housing ladder.

Since 2007, OMSE has helped over 6,000 first time buyers who would not otherwise be able to afford to buy their first home to get a foot on the housing ladder; and this year we will help another 2000.

Through Help to Buy, we have already helped 7,500 households buy a new build home and over the next three years our successor Help to Buy Scheme will help another 7,500 as well as boosting the home building industry, and support jobs across Scotland.”

BAM secures Enterprise Zone for UWE in Bristol

The University of the West of England has appointed BAM Construction to deliver a £16 million Enterprise Zone that will boost growth and support new jobs.

The scheme is a refurbishment and remodelling of an existing 4250-square metre building including an internal fit-out and M&E upgrades and installations.

The new building will provide incubation space for start-up businesses and contain the Bristol Robotics Laboratory.

It was procured against competition through the Construction Framework for the South West. Parsons Brinckerhoff is the architect.

BAM’s Construction Director, Craig Allen, said: ”We are delighted to have secured the new enterprise zone project with the University of the West of England.

We look forward to building on existing relationships with the University having successfully delivered their new students union building earlier in the year.

The Enterprise Zone will be a great place to do business for new firms which will create jobs and be boost to the local economy”

Professor Martin Boddy, Pro Vice-Chancellor for Research and Business Engagement at UWE said: “We are delighted to have BAM help us develop the first University Enterprise Zone supported by the government, just one of four in the country.

Construction is now underway for this development on the Frenchay Campus which will provide significant support to the region’s innovation and business growth.”

ISG set for a £10m school revamp

ISG set for a £10m school revamp

ISG has been awarded a £10 million project to transform a disused leisure centre into a new free school in East Leeds as part of the EFA Framework.

The former East Leeds Leisure Centre site will become the new permanent home for the Temple Learning Academy.

ISG has already carried out a refurbishment project to convert offices adjoining the leisure centre into classroom accommodation, including provision of a new dining hall and toilets, as well as construction of a new external play area.

This is now fully operational for the school’s first intake of reception aged children, and planning has now been secured for the main school building.

Work on refurbishing and extending the existing leisure centre will begin in February 2016.

The scheme also sees ISG build a new three-storey steel frame extension with ribbon glazing and metal cladding elevations, which will be primarily used by older students.

The project also sees the construction of a new MUGA pitch and significant hard and soft landscaping with new paths and play areas, a car park for 90 cars and designated drop off areas.

Danny Murray, ISG’s Northern regional managing director, said: “For this scheme, we’ve worked closely with the EFA and the Academy to best utilise the existing structures on site to create real efficiencies in the construction programme, without compromising on the quality and flexibility of teaching space.

The transformation of this underused site is set to create a long-lasting and highly positive community legacy, providing greater choice and a much needed boost to school places in East Leeds.”