British Housebuilders: History and Analysis (Real Estate by Fred Wellings

By Fred Wellings

This exam of the improvement of the non-public housebuilding from the Nineteen Thirties to the current day analyses the availability facet of the undefined, and offers the 1st accomplished account of the company background of the twentieth century housing within the united kingdom.

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Additional info for British Housebuilders: History and Analysis (Real Estate Issues)

Sample text

It should not be assumed that even where turnover is available, it relates solely to speculative housebuilding; it is not necessarily the only activity within the company. Frequently, it is found in conjunction with construction which has the opposite financial characteristics to speculative housebuilding: construction is low margin, high sales to capital, whereas private housing is high margin, low sales to capital. Thus, for a given level of profit there will be a far higher construction turnover content than private housing turnover.

Local London libraries were also approached to try to trace what happened to some of the pre-war housebuilders. The librarians were invariably helpful in principle, but the result was disappointing as few appear to have had filing or indexing systems that readily accessed the information. Some of the information produced turned out to be on local companies that were too small to be of interest and sometimes ephemera. Occasionally, relevant information did materialise: Luton Library has an unpublished memoire of Herbert Janes; Blackburn produced press cuttings on Derek Barnes, founder of Northern Developments; Wakefield had press cuttings on Fell Construction.

The same applies to categories: when grouping companies, a line has to be drawn, and it may be by only an insignificant margin that a company is put on one side of the line or another. 2 The Pre-war Housebuilders Introduction The inter-war period, and particularly the 1930s, witnessed the start of the move towards mass owner-occupation, taking the levels of private housebuilding to heights not seen before nor since. The creation of this new market facilitated the parallel creation of speculative housebuilding firms which not only served this new demand, but many of whom also built houses for rent.

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