All MMC articles – Page 3
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NewsSwan rescue talks ongoing as expected merger date passes
Discussions with lenders continue past target date for completion of Sanctuary’s takeover of MMC developer
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NewsDLUHC launches plan for UK-wide MMC standard
Government department commissions British Standards Institution to create standard to raise quality of offsite homes
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NewsVistry says giant modular plant will be retained to supply HA build pipelines
Brand new 3,500 homes-a-year Bardon factory had been put up for sale by Countryside prior to Vistry buyout
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NewsWeston Homes seeks new FD after MMC move
Mark Fowler has moved over to become finance director of Weston’s British Offsite subsidiary
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NewsSwan takeover by Sanctuary step closer after loan breaches waived
Troubled Essex-based provider set to join giant landlord following financial and regulatory difficulties
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NewsWeston takes possession of £40m MMC factory
Essex housebuilder looks to produce 4,000 light-gauge steel frame homes a year at facility from June
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NewsSwan bondholders asked to waive lending agreement breaches
Sanctuary wants assurance that covenant breaches for Swan are waived before delayed merger can go ahead.
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NewsFirefighter chiefs call for tighter rules on modular and engineered timber construction
The National Fire Chiefs Councils says it has particular concern over use of offsite techniques in high rises
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NewsL&G signs 1,000-home modular housebuilding deal with major association
Vivid to get L&G Modular to provide up to 300 homes a year across south of England
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NewsSwan and Sanctuary boards approve merger
Rescue deal will go ahead in December subject to ‘commercial discussions with third parties’
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NewsSanctuary loans £50m to Swan
The £50m loan replaces loan originally made by Orbit and comes ahead of planned merger on 30 November
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NewsL&G boss blames planning for slow modular growth
Sir Nigel Wilson says ’awful’ delays particularly damaging for a start-up manufacturing business
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In FocusCapital ambitions: Why Nigel Wilson is persisting with L&G’s huge housing push
Chief executive Nigel Wilson tells Joey Gardiner why not all of L&G’s investments have worked out so far - but why he remains optimistic that they will
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NewsCall for government to spend a fifth of affordable housing cash on modular homes
Trade body report says modular homes are 55% less expensive than a traditional brick-built house to heat
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NewsL&G Modular falls to £37m pre-tax loss
Modular firm reports first revenue in 2021 accounts but has now racked up £174m of losses since inception
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NewsMerger talks between Orbit and Swan cease
Orbit announces a proposed partnership with troubled Swan will not go ahead following a ‘detailed due diligence process’
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NewsL&G Modular picked to build Wolverhampton regen scheme
MMC arm of insurnace giant will build homes on canal front site
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NewsVision Modular Systems profit drops 25%
High profile off-site firm sees stable turnover for 2021 financial year but costs increase
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News‘Revolutionary’ robot brickie builds first house
Hadrian X robot said to build homes quicker and cheaper than traditional methods
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NewsNorthern housing associations launch £2bn offsite framework
Four year, 10,000 homes per annum deal set to go live this December