Barratt to ramp up timber frame to one in 10 homes

Aaron Morby 4 years ago
Share

Volume house builder Barratt is ramping up its timber-frame and offsite housing to increase production of new homes.

The firm, which built its business on timer-frame, revealed that by next year timber-frame homes will be used on around 1,300 plots.

This equates to 10% of total private completions and an increase of nearly a third on this year’s production.

Barratt has also completed a successful small-scale trial of light gauge steel frames which are lighter, safer and quicker to put together than traditional construction methods.

Chief Executive David Thomas said the firm would be undertaking a larger scale trial of this house building method this year.

Thomas highlighted the big efficiency drive away from traditional house building as the firm reported record profits for the year up 21% to £682m in the year to June.

Total completions including affordable homes edged up 5.3% to 17,319, with average selling prices up 10% to just below £290,000.

He said demand in London remained strong in price points up to £600,000, but warned sales had slowed on higher end apartments.

Barratt also revealed it had tied up fixed price deals with material suppliers until mid-2017 on 75% of its key materials and expects overall build cost inflation for 2017 to fall back to 2-3%.

Thomas added: “Our sales trends since the start of the new financial year have been encouraging, and underpin an increasingly ‘business-as-usual’ stance while we continue to monitor consumer, economic and other lead indicators closely following the EU referendum vote.”

Latest news

Interserve set for £15m medicines production hub

Medicines Manufacturing Innovation Centre to be built at Inchinnan in Renfrewshire.
32 mins ago

Efficiency East Midlands starts £150m race for demolition firms

Procurement group shifts to dynamic purchasing system of pre-checked specialists
3 hours ago

Mace and Atkins secure Thames Water AMP7 key roles

Firms to help Thames Water shift to intelligent client delivery model
5 hours ago

Adjudicators cap fees for construction disputes

Contractors turning to adjudication as ceiling placed on costs for lower value claims
42 mins ago

Keltbray targets costs after record £563m turnover

Specialist on track to achieve 16% overhead savings this year
5 hours ago

Construction furlough total rises above 750,000 staff

Total payouts for furloughed construction staff and self employed top £5.6bn
20 hours ago

McLaren to restore staff to full pay

Workers praised for "unsurpassed commitment" as full pay kicks back in next month
23 hours ago

Bids called for £680m London waste power plant

Work to start on Edmonton EcoPark replacement incinerator in 2022
23 hours ago

Rising demand for groundworkers signals V-shaped recovery

Smaller housing schemes leading the way as demand for labour rises after lockdown
1 day ago

Morgan Sindall to build home for new Oxford college

Contractor will renovate and reconfigure grade II listed Radcliffe Science Library
22 hours ago

Galliford Try confident of strong Covid recovery

Pandemic caused losses but order books up and productivity near normal again
1 day ago

Former Kier boss exits McCarthy & Stone after 18 months

Chief operating officer Nigel Turner departs in boardroom shake-up
1 day ago

Keep the industry updated by joining the Enquirer Directory

Membership lets construction know you are open for business now or in the future
2 years ago

Skanska names new infrastructure chief

Former Alstom infrastructure MD Jonathan Willcock joins in October
1 day ago

Berkeley’s London White City towers approved

Enabling work to start this autumn on 32 and 22 storey towers
1 day ago

Scottish Water invites bids for £500m repairs framework

Regional contractors favoured for water and sewerage repairs deal
1 day ago

Cemex to mothball cement plant with 110 job losses

South Ferriby plant in Barton-upon-Humber to close this month
2 days ago

PRS deal spurs £200m Guildford station scheme

Work to start this autumn on Solum station redevelopment
2 days ago

Winners revealed for £600m Cadent gas deal

Quartet land ten-year programme of infrastructure work
2 days ago

Balfour Beatty to start £250m Lewisham Gateway phase 2

Forward funding deal with rental specialist Get Living paves way for construction start
2 days ago

Construction starts climb-back after cliff-edge output fall

Monthly output still 39% or £5.2bn down on pre-Covid level
2 days ago

B&K in ‘strong position’ after revenue tops £1bn

Bowmer & Kirkland boasts year-end net cash of £447m after profits hit £73m
2 days ago

Mace Dragados kicks-off £1.3bn HS2 Euston station build

£400m worth of subcontract packages to be let over two years
3 days ago

Firms wanted to clear social housing repairs backlog

PfH seeks firms for £490m repairs and voids DPS deal
2 days ago

Contractors press Government for Sizewell C green light

£300m of early works could begin this year if Government seizes £18bn nuclear build opportunity
2 days ago

Final London Super Sewer TBM arrives by barge

Final stretch in sight as TBM Selina prepared for deepest Thames Tideway drive
3 days ago

Multiplex lands £140m Glasgow office job

Main construction work to start on 13-storey scheme
3 days ago

DfE readies firms for ‘new deal’ schools building push

Over 30 firms in fight for places as existing £8bn framework comes up for renewal
3 days ago

Construction work accelerated on £170m of flood defence schemes

Work to start on 22 sites in the next two years
2 days ago

Student rooms developer gears up to build again

Unite buys Edinburgh site for 300-bed scheme after Covid-work pause
3 days ago

Contractor services