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Sales picking up at Urban Splash / Last chance to get on the ladder with HomeBuy Direct /
Fancy a tour of our schemes? / Commercial focus: Matchworks / Construction focus: Lakeshore /
Meet North Tea Power / Urban Splash reports on Year End March 2010 / Meet Urban Splash people
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Saxton, Leeds |
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Mills Bakery, Royal William Yard, Plymouth
Chips, New Islington, Manchester |
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No one seems to know what's happening with house prices and sales at the moment but at Urban Splash we've seen some improvements and in June and July had our best two months of sales for the past two years, completing on more than 70 homes, 50 exchanges and 50 new reservations.
Our Chairman Tom Bloxham MBE said: 'I'm very pleased to see an upturn in sales albeit from a low starting point. Perhaps it's an anomaly or perhaps people are realising that with low values, low interest rates and great incentives there's never been a better time to buy an award winning Urban Splash home.'
The majority of the homes were at freshly transformed buildings including Saxton in Leeds City Centre where we've just completed 'Drive', the first of two buildings there. Outright purchase prices start from £106,000 for a spacious one bedroom home.
A number of sales were for homes at the Grade I Listed, waterfront Mills Bakery in Plymouth, part of the historic Royal William Yard scheme. Homes available for outright purchase here start from £285,000 for a two bedroom apartment which boasts over 1,000 sq ft of living space.
Sales have also proved popular at the Will Alsop designed Chips building which forms part of New Islington in Manchester. Homes are available from £112,000 for outright purchase here.
For people who still have problems meeting the demands of outright purchase, with banks still expecting deposits of 10 to 20% of their property's value, we are continuing to offer other ways of moving into an Urban Splash home.
There's HomeBuy Direct which is available at Saxton in Leeds and Velvet Mill in Bradford and Rent to HomeBuy available on schemes in Manchester and Plymouth. Customers can also rent Urban Splash homes in a range of cities around the country.
Our director of sales Nicola Wallis added: 'So, for those customers who don't have the cash to hand we are working really hard to ensure that there's still an option for you to come and live with us.'
For information on the range of homes available contact our sales team or call us on 0333 666 9999.
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Saxton, Leeds |
Whilst we're telling you about the lovely homes we have for sale, we thought we'd remind you that there are just 53 days left to get on the ladder with the Government's HomeBuy Direct scheme.
It's a Homes and Communities Agency backed programme which helps customers onto the property ladder through shared equity.
Eligible customers can get an interest-free loan for up to 30% of the property's value, meaning a brand new home at Saxton could be yours for as little as £69,965 for a 70% share.
Our director of sales Nicola Wallis said: 'This really is the last chance to take advantage of a superb scheme. The scheme will close at the end of September so we'd advise anyone who's interested to start the ball rolling now!'
To get instant information on this scheme drop us a line or call us on 0333 666 6000.
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Park Hill, Sheffield |
We're opening up our schemes to the public again this month with a new series of tours around the country.
It follows a successful first wave of tours in June this year, where more than 50 people came to see our schemes in Plymouth, Manchester, Sheffield and Bradford and learnt more about the history of the projects and what we are transforming them into for the future.
The tours start up again on 18th August at Lister Mills in Bradford, where our development manager Mark Latham will be taking people around the historic scheme. Tom Lawrence is also conducting an additional 6pm evening tour at Park Hill in Sheffield on 15th September. He said: 'The interest from the last tours was great, it was fantastic to meet such enthusiastic people who have a genuine interest for the buildings and what they are set to become.'
Added Joanna Batten, a guest on the original Park Hill tour: 'It was extremely informative and we were very impressed at how the flats are coming along.'
Following the Lister Mills tour, there will be a tour at Royal William Yard in Plymouth on 2nd September, another opportunity to see New Islington in Manchester on 10th September, Park Hill on the 15th September and Lakeshore in Bristol on 24th September. Anyone is welcome and those interested should email Katie Skelton at Urban Splash.
For those who can't make these dates, a further series of tours will take place in November/December and a full list of dates can be viewed on our website.
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Mersey House, Matchworks, Liverpool |
We're delighted to report that Mersey House is now fully let!
The Grade II listed building, which comprises 4,583 sq ft of managed office space, forms part of the Matchworks scheme in Speke. We took charge of the building last year creating smaller office spaces and communal meeting rooms. It is now filled with an exciting mix of tenants including; Swiss coffee company Schluter, Liverpool Primary Care Trust and schools charity The Fiveways Trust.
Lynn Haime, who looks after our lettings in the North of England, said: 'This is fantastic news, not only for us but for the Matchworks as a whole. As the community there grows our tenants have more opportunity to network with each other and the occupiers at Mersey House have added to this mix perfectly. Since we launched the offices at Mersey House last year they've proved very popular amongst small and growing businesses who amidst wider factors wanted affordable offices on flexible lease terms, something we're proud to offer.'
We still have some space left around the wider Matchworks estate so drop Lynn a line for more info.
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Lakeshore, Bristol |
Lakeshore's progressing at quite a pace now and the building's taking shape as we head nearer to completion next spring.
This month we welcomed a new 500 tonne crane onto site to help put pre cast lift shafts into the main atrium which will create a 'scenic' lift that will take residents from the lake level apartments up to the highest level apartments.
The internal fit outs of the apartments are also well under way ready for the launch of our show apartment early next year.
We're hosting a topping out ceremony to celebrate construction progress on 16th September. A general public tour of the building is available on 24th September if you want to take a look around the scheme. To book a place on the tour please email Katie Skelton.
For further details in the meantime take a look at Lakeshore on our website or a gallery of the latest Lakeshore images here.
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North Tea Power, Smithfield Buildings |
This month its Wayne Lew and Jane Spindler.
Who?
We are North Tea Power, a new tea (and coffee!) bar in Manchester.
Where?
We are on Tib Street in the Smithfield Building, a stone's throw from Manchester's iconic Afflecks Palace.
How long?
We have been open for just over 6 weeks now.
Who are your clients?
The good people of Manchester and anyone searching for a better brew.
Best thing about Smithfield?
The building is beautiful and retains many of the original features, and the independent, creative, open-minded, friendly people that live, work and play here.
Describe your business in 10 words
The number one destination in Manchester for your daily cuppa.
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Urban Splash reports on Year End March 2010 |
We've just published our results for the year end March '10 and we're pleased to report a major improvement on the previous year.
Our latest set of accounts show that our losses narrowed and we focused on growing high performing areas of the business such as our investment portfolio. Our total rental income grew to £12.7m, £2.1m of which was residential rental income, almost doubling on the previous year.
It was also a year in which we completed some key schemes; Mills Bakery in Plymouth, Chips in Manchester and the first element of Saxton in Leeds.
Our Chairman Tom Bloxham MBE said: 'We as a business are not yet through all the difficulties, but I believe we can now see a clear way forward. I believe my team has done an amazing job navigating through the difficulties of this economic recession, the drop in property values and the banking collapse.
'I am very proud of what we have achieved last year but there is still much to be done but despite all the difficulties around us we have proved once again that we are capable of delivering some amazing regeneration projects and driving our business forward.'
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James Howard |
This month it's James Howard:
Works: in the south west mostly on Lakeshore and Royal William Yard.
Lives: in Zummerzet.
Loves: the great outdoors.
Hates: not having enough time to do all the things I want to.
Laughs: when my kids laugh - it's infectious, you can't get enough.
Hopes: tomorrow will always be better.
Thinks: most of the time.
Wants: to learn a musical instrument.
Likes: the lake at Lakeshore - can we have the water back please?! |
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16th September:
Topping out ceremony at Lakeshore.
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Below are a list of tour dates for our projects in Manchester, Leeds, Bradford, Sheffield, Bristol and Plymouth. Email us at rsvp@urbansplash.co.uk for more details and to arrange your site visit:
New Islington (Richard Hattan/Ben Knott)
Friday 10th September 2010, 4-5pm
Friday 3rd December 2010, 4-5pm
Park Hill (Tom Lawrence)
Wednesday 15th September 2010, 2-3pm
Wednesday 15th September 2010, 6-7.30pm
Wednesday 8th December 2010, 11am-12pm
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Lister Mills (Mark Latham)
Wednesday 18th August 2010, 2-3pm
Wednesday 10th November 2010, 2-3pm
Lakeshore (James Howard)
Friday 24th September 2010, 1-2pm
Friday 10th December 2010, 10-11am
Royal William Yard (Emily Jones/Paul Clifton)
Thursday 2nd September 2010, 11am-12pm
Thursday 2nd December 2010, 2-3pm
Saxton (Tom Lawrence)
Tuesday 2nd November 2010, 2-3pm
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