article thumbnail

How Land Banking Could Help Builders Battling Shortages

Pro Builder

How Land Banking Could Help Builders Battling Shortages. National builders are turning to land bankers to mitigate the risks associated with land ownership. Land bankers can help builders facilitate land deals in an efficient and collaborative process being put to the test by a growing number of industry professionals. .

Banking 52
article thumbnail

You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of problems have always existed in the Construction industry, but in this economy the problems are far worse than ever before.

Lien 118
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A bank that doesn’t go far enough?

Construction Law

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure. Adverse comparisons are being made with the scale of the European Investment Bank funding that has been lost post Brexit, which was some £5 Billion.

Banking 52
article thumbnail

How Brexit Will Affect The Construction Industry – Infographics

Lets Build

The UK remains uncertain of the full impact the EU referendum will have and how Brexit will actually affect the construction industry. Many businesses within the construction industry employ EU labour because it is cheaper. This was a huge benefit to the construction industry.

article thumbnail

6 Ways the COVID-19 crisis will reshape the construction industry

Lets Build

The study points out that even if companies have policies in place to deal with such risks, they are not activated until it is too late. Organisations tend to not take the risks seriously until they manifest fully. A lot of industries have adopted remote work arrangements for the past few years already.

article thumbnail

Toxic and dysfunctional industry awaits its revolution

Construction Law

The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.

article thumbnail

Intra-Industry Ethics – Can We Pull It Off?

Constructonomics

It’s easy for an outsider to an industry to get on their ethical high-horse and point their finger at others who are walking along the ethical line and perhaps even crossing it. It’s easy for regulators, government, and academia to point their finger at industry and tell them to clean up their act. How can this happen?