maffo in oxford Posted April 27, 2018 Share Posted April 27, 2018 (edited) Well. I've been made redundant from my old job at a construction firm, we were part of pretty much every sector i.e. from new build to refurbishment, commercial to residential. However, I've secured a job at one of Britain's largest firms, who are nearly 100% committed to residential new build. They are subsidised by schemes such as Help to Buy and public sector subsidies. I was wondering if people here would like some occasional info from the source, a bit like Honest Agent the estate agent blogger? Not sure that I could provide the more personal details or level of humour, but hopefully some useful facts on the state of play. All i ask is for the mods to remove the reference to my old location in my username, if possible? Purely to give me a little more anonymity when posting. Edited April 27, 2018 by maffo in oxford typos Quote Link to comment Share on other sites More sharing options...
chronyx Posted April 27, 2018 Share Posted April 27, 2018 23 minutes ago, maffo in oxford said: I was wondering if people here would like some occasional info from the source, Absolutely! Loads of house-building going on my way so the big boys are busy enough. Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted April 27, 2018 Author Share Posted April 27, 2018 The building rate is busy, but sales figures or even just viewings may be a different story. Quote Link to comment Share on other sites More sharing options...
chronyx Posted April 27, 2018 Share Posted April 27, 2018 3 minutes ago, maffo in oxford said: The building rate is busy, but sales figures or even just viewings may be a different story. Agreed - I chose my words carefully! Quote Link to comment Share on other sites More sharing options...
Freki Posted April 27, 2018 Share Posted April 27, 2018 Would love to hear about desperation in the meeting when confronted to the lack of sales Quote Link to comment Share on other sites More sharing options...
Funn3r Posted April 27, 2018 Share Posted April 27, 2018 How soon during the construction cycle do sales begin, and at what point does concern arise if sales are below expectations? Years ago I bought off plan before construction even started. I assume it is similar nowadays. Where I live there are loads of construction sites with half built houses. How do they know they can sell them? Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted April 27, 2018 Author Share Posted April 27, 2018 (edited) Quite often unit sales will begin with brochures showing what the completed units will look like , this is before a site even reaches individual plot starts ie footings dug!! At the very least, a site of say 100 houses will be split into four phases, and each 25 offered for sale as work progresses. Not sure about expected time scales, from completion to sale just yet. Edited April 27, 2018 by maffo in oxford Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted April 27, 2018 Author Share Posted April 27, 2018 (edited) 3 minutes ago, maffo in oxford said: Dp Edited April 27, 2018 by maffo in oxford Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted April 27, 2018 Share Posted April 27, 2018 2 hours ago, maffo in oxford said: Well. I've been made redundant from my old job at a construction firm, we were part of pretty much every sector i.e. from new build to refurbishment, commercial to residential. However, I've secured a job at one of Britain's largest firms, who are nearly 100% committed to residential new build. They are subsidised by schemes such as Help to Buy and public sector subsidies. I was wondering if people here would like some occasional info from the source, a bit like Honest Agent the estate agent blogger? Not sure that I could provide the more personal details or level of humour, but hopefully some useful facts on the state of play. All i ask is for the mods to remove the reference to my old location in my username, if possible? Purely to give me a little more anonymity when posting. Oh yes indeed Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted April 27, 2018 Author Share Posted April 27, 2018 I'll do what I can, I may use another username (that's obvious enough) if the mods can't change this one for me. Bad sales may not be good for my job longevity, but it's work for now. Quote Link to comment Share on other sites More sharing options...
Lavalas Posted April 27, 2018 Share Posted April 27, 2018 (edited) Sounds good. Hopefully @The Moderators will oblige. You might want to change your avatar too. Edited April 27, 2018 by Lavalas Quote Link to comment Share on other sites More sharing options...
Bricks n' mortar Posted April 27, 2018 Share Posted April 27, 2018 Yes, this will be invaluable. I started at a national housebuilder in Feb08. They'd just booked record profits for the previous year, and paid massive bonuses to the directors and smaller bonuses to the plebs, a bit like Persimmon are doing right now. The sales graph for the year was frightening, and I spent most of my time reorganising sites to be smaller, or to close down completely. Meanwhile the publicity statements were placatory in nature - "temporary correction", etc. We were all out the door in October.Agree, you need some anonymity for this. If you go with changing your username - have you considered the content of your previous posts? Nothing to give you away there, is there? Quote Link to comment Share on other sites More sharing options...
Castlevania Posted April 27, 2018 Share Posted April 27, 2018 You should have created a new account before starting this thread. Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted April 27, 2018 Author Share Posted April 27, 2018 5 hours ago, Bricks n' mortar said: Yes, this will be invaluable. I started at a national housebuilder in Feb08. They'd just booked record profits for the previous year, and paid massive bonuses to the directors and smaller bonuses to the plebs, a bit like Persimmon are doing right now. The sales graph for the year was frightening, and I spent most of my time reorganising sites to be smaller, or to close down completely. Meanwhile the publicity statements were placatory in nature - "temporary correction", etc. We were all out the door in October.Agree, you need some anonymity for this. If you go with changing your username - have you considered the content of your previous posts? Nothing to give you away there, is there? Na, not really. I'm probably being a little premature with the paranoia to be fair! ? I shall try to convey the situation as accurately as I can without giving the game away. I will try not to use anything that tallies too accurately with official data. Ga, hope things don't go badly for you considering. Quote Link to comment Share on other sites More sharing options...
Diver Dan Posted April 28, 2018 Share Posted April 28, 2018 (edited) On 27/04/2018 at 11:16, Freki said: Would love to hear about desperation in the meeting when confronted to the lack of sales I'd like to know if they can't sell a house, is punting it sideways into their lettings subsidiary a common occurrence? Edited April 28, 2018 by Diver Dan Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted May 10, 2018 Author Share Posted May 10, 2018 First piece of info. One site in the home counties has gone through a change of management (either main manager or the assistant) eighteen times in 12 months! Quote Link to comment Share on other sites More sharing options...
dougless Posted May 10, 2018 Share Posted May 10, 2018 Thanks Maffo sounds like there are some serious problems re management/sales/pricing or something... Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted May 10, 2018 Author Share Posted May 10, 2018 (edited) Quality (especially materials) and work conditions are pretty poor, but senior management expect everything to run like clockwork. They also appear very reluctant to pay trades for repairs, aftercare and snagging. No wonder that there is a high level of dissatisfaction amongst purchasers of the companies' output, and management struggling to cope with the pressure. Edited May 10, 2018 by maffo in oxford Quote Link to comment Share on other sites More sharing options...
Andy T Posted May 14, 2018 Share Posted May 14, 2018 which materials are poor quality? bricks / timber / roof tiles / windows / other ? Quote Link to comment Share on other sites More sharing options...
chronyx Posted May 14, 2018 Share Posted May 14, 2018 52 minutes ago, Andy T said: which materials are poor quality? bricks / timber / roof tiles / windows / other ? Yes. Quote Link to comment Share on other sites More sharing options...
leonardratso Posted May 14, 2018 Share Posted May 14, 2018 2 hours ago, Andy T said: which materials are poor quality? bricks / timber / roof tiles / windows / other ? managers Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2018 Share Posted May 14, 2018 On 10/05/2018 at 16:47, maffo in oxford said: Quality (especially materials) and work conditions are pretty poor, but senior management expect everything to run like clockwork. They also appear very reluctant to pay trades for repairs, aftercare and snagging. No wonder that there is a high level of dissatisfaction amongst purchasers of the companies' output, and management struggling to cope with the pressure. Do you get the sense that corners start to be cut mid build just to get the job done? I wonder whether there's a pressure to complete and sell before market tanks? Quote Link to comment Share on other sites More sharing options...
GregBowman Posted May 15, 2018 Share Posted May 15, 2018 8 hours ago, Grab_Some_Popcorn said: Do you get the sense that corners start to be cut mid build just to get the job done? I wonder whether there's a pressure to complete and sell before market tanks? Shite large scale building has the dubious reputation of being like this irrespective of the economic cycle Quote Link to comment Share on other sites More sharing options...
maffo in oxford Posted May 15, 2018 Author Share Posted May 15, 2018 (edited) Generally it's the final fittings I.e. Door sets, kitchen units, upvc doors and windows, ironmongery, plumbing items like radiators that are cheap and nasty. Aggregates, bricks etc are much of a muchness. 11 hours ago, leonardratso said: managers ? 8 hours ago, Grab_Some_Popcorn said: Do you get the sense that corners start to be cut mid build just to get the job done? I wonder whether there's a pressure to complete and sell before market tanks? Not in my experience, the corners are cut at the planning and spec/buying stages. The trades can only build with what they are given. Edited May 15, 2018 by maffo in oxford Quote Link to comment Share on other sites More sharing options...
Majorpain Posted May 15, 2018 Share Posted May 15, 2018 1 hour ago, maffo in oxford said: Generally it's the final fittings I.e. Door sets, kitchen units, upvc doors and windows, ironmongery, plumbing items like radiators that are cheap and nasty. Aggregates, bricks etc are much of a muchness. Not in my experience, the corners are cut at the planning and spec/buying stages. The trades can only build with what they are given. If you want to win work supplying in the construction industry these days, you need only one thing: the cheapest price! Funnily enough quality does suffer massively as a result but sadly very few people care. Quote Link to comment Share on other sites More sharing options...
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