The last week or so has been a small watershed moment in my career, a career which has now spanned 35 years.

Firstly, I had a near milestone birthday which always triggers a reflection on how far you’ve come and how far you have to go. Secondly, I was invited to be a guest speaker to a group of young developers – which provoked the question of this blog. Thirdly, I received some kindly worded recognition from a former trainee employee – thanking me for giving them the opportunity to enter the field of development and showing them how to ‘add value’ – which they are harnessing to great effect in their new role.

The Developers Club

When I stood up last week to make a presentation as guest speaker to The Developers Club (TDC) in Mayfair, I was intrigued to gauge the entrepreneurial spirit in the room –  after all, without that ingredient no business can start, flourish or survive. TDC is a group of residential developers under the age of forty who own and manage their own businesses from all over the UK. They are all serving specialist residential niche markets and have adopted various business models, each sharing common opportunities and challenges. The aim of the group is to cross-fertilise ideas and best practice whilst harnessing the experience of those developers with longer tooths. It’s a potent approach driving forward the speed of each company’s continuous improvement and commercial evolution. This is an important catalyst to the group as collectively they have committed to delivering 10,000 new homes by 2030 to address the housing crisis – a laudable mission!

Entrepreneurial Talent

It became clear straight away that the group were highly informed and very professional. There was that X factor feeling in the audience – that energy – that passion. I started my presentation with a flashback to 1969 – the first moment when I made a profit reselling Christmas wrapping paper to my neighbours at the age of five – then we moved on to 1971 when I got into the property game – Monopoly! Fast forward 50+ years and here I am with a business based in London delivering over 1,000 homes to seven housing associations in nine locations. Over thirty of those years I’ve spent self-employed with no safety net of employment and perks or silver spoon ready to feed me in the background if my dreams and endeavours were to fail. It is the same for all those in TDC – each juggling the needs of their customers, investors, employees, suppliers and themselves whilst exploiting market advantages and avoiding overwhelming risk to maintain and grow their business volumes to meet the aims of TDC. After the presentation it was clear from the penetrative nature of the questioning, before and during the dinner that followed, that these young developers had the spirit, the swagger, the level headedness and open mindedness to learn, apply and achieve.

The Future Is Secure

In the next few years, like all of us on that conveyor belt of life, I shall exit stage left one way or another. When I look at the young talent we are nurturing in V10’s ranks to take over the business, the progress of some of the young talent that has left V10’s ranks and the young talent that the members of TDC represent I have concluded that the future of residential development is secured – so long as successive governments adopt pro-development policies.

Comments by:

Karl Timberlake

Land & New Business Director

V10

As I got home last night from doing my weekly shop, I took a moment to look at my receipt – £65.79. What would have cost me £51.49 a year ago, the cost of inflation has added £14 to my shopping bill.

Given the fact that I love my job, I could not help but think where build costs currently sit, and if they will come down? Here is my take on where we have come from pre-pandemic and my predictions for the next 12 months.

The Good Times

Now I know that my £14 increase in my shopping bill is a little different from the rising build costs, however it can be something so small that triggers a thought process that makes you ask more questions than can possibly be answered.

Let me take you back to February 2020, the pre-pandemic good times! Imagine the scene across the country, the construction industry is booming, house prices are at an all-time high, land is at a premium, and the manufacturing sector where the construction industry sources key materials is at capacity – working around the clock to provide key materials, white goods, bricks, timber, pre-cast concrete, windows and everything in-between. At the time the warehouses were stocked with around three to six months’ worth of stock, with localised shortages and elongated lead times, something that the industry copes with on a week-by-week basis.

Fast forward to June 2020, many, if not most of the construction industry was just starting to come back on a site-by-site basis, new procedures were in place for social distancing, and the industry was extremely worried about the impact that the pandemic would have on people’s ability and eagerness to buy homes. In short, we needn’t have worried, demand was at an all-time high, and the industry was the busiest I had seen it in eight years. The trouble this caused was unseen for around three to five months, material was getting through to sites, however given the demand and coupled with the fact that manufacturing was coming back slowly, the warehouse stock soon ran out and therefore this meant that they were only producing to order with little or no stock. What this meant was that to get available materials into the sector, prices were raised to slow demand and to help produce more.

A year on from the pandemic the build cost for materials had jumped to over 20%, now it would be wrong just to say the pandemic, as another big impact on the sector was around the Government legislation surrounding red diesel, which pushed the groundworker and manufacturer prices up even further. All this with fuel prices at their highest ever; I remember paying £2 a litre in diesel, given I passed my test in 2015, I started driving when I was paying £1 per litre, how times have changed!

Today’s Impact

So where are we today? Finally after eighteen months, costs are stabilising. Yes, they are higher than pre-pandemic, however commercial teams are finding it easier to predict and manage and are no longer having to report cost increases on a monthly/weekly basis. The price of timber has come down, to pre-pandemic levels (on a side note this means that the price of timber frame open panel is now on par with traditional build for the first time since I have been doing timber frame). Main contractors are now more comfortable fixing their prices for 12-18 months – some even longer. The price of diesel and petrol has come down by around 50p, not quite pre-pandemic levels but a more sustainable and fixed price than the volatility seen over the previous 12 months. Brick prices had been slowly creeping up pre-pandemic and given what the pandemic did to the manufacturing sector, they have continued to increase. Only recently did they slow to a point where they have now levelled out, and while it remains to be seen if this stays the same over the next three months it shows that key elements to our industry are starting to level out and stabilise.

Where next?

Now this is the part that I must put something on the block and give an educated guess, or a Gary Neville type prediction – let’s hope I have a better prediction rate than Gary Neville though!

So, in my opinion, prices will over the course of 2023 start to decrease. At V10 we are seeing main contractors fix for the duration of the programme which is including the planning journey – something which was un-heard of only three months ago. Why are they doing this you may ask? Well, in truth its more than likely they see this time over the next three months where costs are at the tipping point and are at the highest they will be. The likelihood is that come the end of the year prices for materials and manufactured goods will actually fall, so therefore rather than having to reduce their build cost they start to make a margin as they can buy it cheaper.

With timber coming down even further, it remains to be seen whether bricks will come down greatly, however pre-cast concrete prices are slowly creeping down which is giving both timber trame and RC frame a more competitive base than those of traditional build methods. This means contractors and developers have the ability to chop and change to get the best commercial outcome for all sites going forward.

Unspoken Labour Costs

Now I could not write this without factoring in the unspoken labour costs. The cost increases seen to date have all been manufacturing and buying costs. Due to the rise in consumer inflation over the last six months companies up and down the country have given benefits to employees. Certain developers have given up to £2,000 over the course of the last four months to those workers earning less than £49,000. It remains to be seen whether wage demands increase. If so, then it could mean a rise in total build cost inflation. However most companies have factored that in over the past six months and therefore it’s unlikely to have any correlation with build/cost inflation over the next year.

Getting Back to Normal

And so as I put my receipt away and contemplate the fact I could have been £14 better off, I remain confident that over the next 12 months the industry, economy, and life in general will stabilise, and I am bounded by the fact that over the next 12 months it’s prime time V10 territory, delivering much need affordable homes, with professional and dedicated RPs and main contractors in our operational patch.

Blog by:

Kieran Wakley

Head of Pre-Construction & Sustainability

V10

This week our guest bloggers are Fuse Architects. They are currently reaching out to all those in the affordable homes community who can assist them in designing a Net Zero Carbon (NZC) modular home. Take the survey if you have thoughts and ideas that will benefit your customers.

Who are we

Fuse Architects are a small (18 person) architects practice based in London Bridge.

We primarily work in the housing sector, mostly affordable housing, and we are significantly adding to the debate, design, delivery and thinking around NZC buildings, especially NZC housing and MMC. We are a carbon neutral company and proud to have a people first philosophy.

We have designed and delivered, over the last three years a number of new build, socially rented projects in the southeast to a NZC standard and are proud to see families living and benefitting from reduced fuel bills. This fits in with our people first philosophy, actively working for better homes, eradicating fuel poverty and being carbon conscious.

Our Modular mission

When we were asked to develop designs for a game changing, affordable, NZC modular housing system that specifically meets the needs of the rented and shared ownership affordable housing sector, we felt excited for the challenge and proud to be leading this project.

Our vision is to create Modular NZC affordable homes that are beautiful, robust, user-friendly, deliverable and viable. To help us achieve that we are asking for input from tenant and resident groups, tenant/resident liaison officers, and anyone working in affordable housing who is involved in the delivery or management of new homes. We want to try and understand what makes affordable housing liveable, usable, and successful for tenants, asset managers and landlords.

Dave Hughes, our design director and the Fuse design team are super excited to use their years of experience in design and their knowledge of NZC and MMC and have been working on designs. To make sure this fits residents’ needs we have collectively formulated a survey that we have sent to housing associations, resident liaison officers and people we know in the housing market. The survey covers various questions, preferences, and design options for both Rented and Shared Ownership new-build housing. At this stage we are focussing solely on houses, not flats.

The Science stuff

The Fuse Modular home will address the climate crisis and affordable housing shortage and work to unlock the mass delivery of affordable, NZC, modular housing.

Modular housing, combined with Net Zero Carbon is the solution to our energy and housing crisis. To summarise the facts,

• Modular homes cost 55% less to heat than the average UK home and 32% less than traditional new builds
• Modular homes are built 50% faster to make from start to finish than bricks and mortar homes
• Building with modular can halve emissions when building a home, cutting the amount of CO2 produced as a result of construction by up to 83%
• Modular home construction is both more efficient and kinder to the environment with substantially less waste, 90% down on materials wastage than traditional builds
• Modular building heavily reduces the amount of transport access needed for building sites, with 80% fewer vehicle movements to sites and therefore far less local disruption and pollution of the environment

Next Steps – Get in Touch

We have launched the survey  to a wider audience  and to register your input and take part please contact [email protected]

It takes just six minutes to complete, runs until 8th March and we are keen to hear from as many housing people as possible.

Once we have the results, we will be releasing the design and will be arranging a series of workshops to showcase the results. We will then be working with affordable partners and our delivery partner to roll out a series of pilot sites.

We are all rushing around in the development sector getting homes constructed. Some of us are also trying to deliver even more affordable homes than the s106 requires. But why are we all doing this? For V10, it’s all about the social value that our daily grind delivers.

The term social value is defined as “the benefits for society resulting from a project or programme, or from an organisation’s activities, which are additional to any direct economic value.” In the UK, affordable housing is one of the most important factors in creating social value. Social value is generated when new affordable homes are built as the provision of such impacts communities, employment and education prospects.

Creating Communities

Affordable homes not only provide more people with access to housing but also enable access to essential services such as healthcare, education and transport links. This can have a positive impact on public health, poverty reduction and community cohesion. In addition, these homes can be built in areas that are in need of regeneration or growth; this helps create vibrant communities with increased social connectedness.

Employment and Education Prospects

Having a safe place to live can help individuals focus on their goals without having to worry about where they will sleep at night. Having access to affordable housing means that people will be able to save money for further education or starting their own business. Furthermore, affordable housing can enable job seekers to move closer to potential employers increasing their chances of securing stable employment and improving their career prospects overall.

V10’s Pledge

Social value generated from affordable homes in the UK is incredibly important to V10 because it gives more people access to secure accommodation and opens up opportunities for them in terms of employment and education prospects. Affordable homes also play an important role in creating vibrant neighbourhoods with improved public health outcomes, poverty reduction and community cohesion – all of which contribute towards a better quality of life for those living within the area. This why V10 invests all its efforts into providing additional affordable housing (over and above the requirement of an s106) to enable the generation of social value – thus improving people’s life chances, especially those on low to middle incomes.

V10 is pleased to report on the submission of a reserved matters application at the Tunkers Lane, Bury site we successfully delivered for Stonewater as key package deal procurers within our client RP’s operational patch.

Meeting housing need

The application is seeking permission to provide a wholly affordable mixed tenure residential development for 87 new units. The mix of properties will consist of one, two, three and four bedroom homes that are shared ownership, social rent, affordable rent and rent to buy to support local housing needs.

Street scenes with interest

The proposed sustainable community has been designed in such a manner that facades are to be afforded with a contemporary appearance which sit comfortably in a rural setting. This will be achieved using a carefully selected palette of multi-textured red and buff bricks whilst using black and dark grey feature bricks to create subtle patterning to elevations providing a sense eye pleasing interest within the development’s street scenes.

Coupled with the above the scheme will contain feature house types in key locations which have decorative frontages and enhanced glazing to gables, providing kerb appeal throughout.

Amenity and infrastructure improvements

The development will provide new pedestrian connectivity and on-site open space giving due regard to the retention of existing mature trees. The scheme contains a newly created central green space which properties overlook with the main spine road being lined with mature tress to create a boulevard effect. The unmade part of Tunkers Lane is to be reformed under a section 278 agreement and widened along the site frontage providing an overall improvement to the infrastructure for local residents to benefit from.

Sustainability initiatives

Alongside the open space and trees to be preserved there are number of additional sustainable initiatives that align with V10’s values. In this regard new enhanced planting will take place throughout the scheme (and off-site) to bolster net gain bio diversity and ecology.

In order to contain and attenuate ground water permeable paving and a SUDS pond feature will be incorporated into the scheme providing sustainable drainage measures. All properties are to be provided with cycle sheds to encourage active travel by bicycle and air source heat pumps are to be provided throughout as a form of non-fossil fuel heating.

Modern Methods Of Construction

In delivering the scheme to Stonewater, modern methods of construction are to be adopted which aligns with V10’s core sustainability value. Here building components are to be built off site in a controlled factory environment and installed on site. The benefit of this approach minimises the time and energy spent on site whilst reducing pollution and disruption at site level and to the surrounding neighbourhood. Waste can also be controlled and reduced more easily when applying the uses of repetitive MMC processes and installations. Travel disruption is notably reduced around the country as MMC factory workers are geographically concentrated around the catchment to their premises reducing an impact on the environment as a whole.

Meeting Our Values

The scheme proposals have been tailored to align with V10’s objectives to provide enhanced BNG initiatives across all of our sites whilst striving to ensure the use of MMC methods are adopted as future pipeline sites are realised.

As I cast my eye out of the train window over on a cold and snow dusted but sunny landscape, I gather my early morning thoughts on the 2023 property market. It’s a peculiar feeling.

On the one hand I’ve seen several recessions over the last thirty-five years so I fear the worst. On the other hand my instinct tells me this will be one of those hallowed soft landings that the economists on Bloomberg frequently refer to – which I’ve never seen! Hmmm! Perhaps it’s time to looks at the facts.

Supply v Demand

Let’s start with the fundamentals. Everyone in development knows that demand (both market and need driven) exceeds supply. It seems like it always has done and always will do. It is these fundamentals which ensure the steady and substantial uptick in values during any 10 year business cycle. So, what will happen to supply and demand in 2023 in particular?

On the supply side we have already seen some volume house builders (VHBs) abandon committed land buying. They are retrenching and restructuring – bringing overheads down with redundancies and mergers. Housing production has also been adjusted downwards (since last summer actually) with sub-contractors being laid off and housing completions for 2023 being scaled down. Coupled with this the planning changes being shoehorned into the Levelling Up bill will ultimately result in a reduced number of planning consents – not in 2023 but beyond. Some housing associations however, nervous of the market and absorbing the impact of the rent cap, are likely to tailor their development programmes back– mistakenly IMO! Why? Because land buying should be easier, construction costs should peak out and they have the advantage of swapping out tenures skewed to rent to avoid the sales market curved ball (if it occurs) which the VHBs don’t! Nevertheless, the basic point is 2023 will see a reduction in actual homes being built and/or planned for and therefore less supply for this year and next.

Now on to the demand side. Well, the economy is on a knife-edge. Will it enter a technical recession? Does that matter? The main issue is, will there be mass unemployment? This is what takes substantial demand out of the housing market. If anything, the Government is trying to bring people into the workforce with appeals to the economically inactive over 50’s – early retirees. Employment is at historic highs and anecdotally businesses seem to be struggling to attract the right type of employees. Sure, higher mortgage interest rates, higher tax rates and a higher cost of living will affect housing buying but these effects will be offset by falling inflation and higher wage settlements in the months ahead. So, there will be some additional hardship to bear for some households (leading to a greater need for affordable homes) but overall, this is likely to be a pinch not a squeeze for most. The demand for housing is likely to remain strong in 2023 – all be it subdued compared with an effervescent 2022.

Sales Values

Assuming the above plays out house prices should maintain themselves for 2023 in general terms – with supply adjusting to reduced demand. Indeed, Rightmove reported just yesterday (16.01.23) that prices had risen 0.2% and 0.9% in London and nationwide respectively. For developers looking to invest, house price variations in 2023 isn’t that much of an issue. One Development Director of an RP told us last week that even if values dropped 5% in 2023 they wouldn’t be worried as by the time the development would be finished and plots released in 2025 then prices will have come back up.

Sales Rates

Well, I think the first thing to accept is that it will take longer for a property to sell in 2023 compared with 2022. Some of the VHBs have recently reported quite drastic drops in weekly sales rates for the end of 2022. This is to be expected when you consider we had three PMs, three (or was it four? – lost count) Chancellors and the Kwasikazi statement leading to all out economic turmoil with more doom and gloom forecast – it’s no wonder many buyers just froze! All that is gone now, so confidence and herd sentiment should return.

Conclusion

As I look at the photo that accompanies this blog (taken on my journey) I have to decide whether 2023 is going to go through a cold harsh winter or whether there are blue skies ahead. I look down at my Starbucks and it’s still half full – and that reflects how I feel for 2023. Sales rates will recover from the end of 2022 and sales values will be steady during 2023 (south of Birmingham) . That’s my feeling.

Comments by:

Karl Timberlake

Land & New Business Director

One of the key drivers for our business is sustainability and over the three months since joining V10 Homes, I have taken great strides in understanding what 55% pre-manufactured value (PMV) means and how it can be achieved.

Having worked for a volume partnership housebuilder delivering all affordable schemes mostly by traditional build, I must confess hearing of the 55% PMV option and the additional Homes England grant availability was alien to me. I knew about the MMC options and what can be achieved by timber frame and modular companies – having paid particular attention in the past to having windows, stairs and external cladding being factory fitted to speed up show-home delivery on schemes. What I was unaware of was the ability for these companies to have doors and linings installed, alongside pre-completed internal walls and hung doors.

Within the first month of joining V10 my colleagues introduced me to LoCal, whose factory we visited just before the end of last year. The visit gave me a better understanding of the product and what LoCal can do within the factory environment and also the benefits of this onsite. Having a huge factory with around 28 personnel on shift at a time, they can produce close to 1000 units a year that are effectively a category 2 closed panel pre-insulated timber frame unit – each externally finished in cladding, brick slips and render. The windows and linings are pre-fitted ready to be erected onsite. Within the factory they also produce pods for bathrooms/shower rooms and kitchen pods that can be installed during the build.

The key benefits:

1. Onsite Labour Reduction – Reducing the reliance on trades within a time where there is a trade and skill gap within the industry thus reducing reliance on bricklayers and the weather.
2. Programme Benefits – what would normally take between six and twelve weeks getting from slab to watertight, can take between five days and ten days. Overall programme benefits can be around ten weeks in total, as the internal trades can continue while the bricklayers are yet to start.
3. Programme Delivery Rate – While a traditionally built site can produce between 4 and 6 units a month at peak, these units can start between 6 and 8 units a month rising to 10 and 12 in peak times reducing the overall build programme duration which for all affordable sites can be instrumental in delivering much needed affordable housing, while also reducing interest payments.
4. Prelim Saving – Not only are you reducing onsite supervision hours, but other benefits such as reduced waste per plot and the overall number of skips reduced makes for a much safer and greener site.

There are a number of scenarios to achieve 55% PMV – the easiest way is:

• Pre-Cast concrete piled foundations – A category 2 closed panel timber frame system, with factory fitted external finishes, pre-installed windows and linings, and pre-hung doors and linings.

This system advocates a 57% PMV solution, provided the roof is constructed on the adjacent floor slab which is then lifted when completed.

Overall, the benefits for achieving 55% PMV on affordable sites is a driving factor for increased quality and productivity on sites, one of the issues is that surprisingly only a handful of RPs are aware of either the benefits or the additional grant from Homes England that can be applied for to help with the increased cost that this method often entails.  Better education and understanding is needed within all RPs and contractors on this approach and the overall benefits, and at V10 we are doing this site by site to meet one of our three sustainability pledges.

Comments by:

Keiran Wakley

Head of Pre-Construction & Sustainability

V10 Homes

Last week whilst the sun shone we took the drone out to record the progress of this mixed-use scheme which will deliver 100 dwellings in Burnt Oak for our client Network Homes.

This exemplar landmark building, designed by dRMM Architects, sits prominently on Edgware Road and will contain a major food retail store at ground level. The building mass is intricately designed across two distinct apartment blocks containing one, two and three-bedroom homes.

V10 successfully unlocked a problematic brownfield site with many land acquisition and build challenges. The project delivered an impressive sustainable community for Network Homes while arranging the hand back of the commercial zones to the sellers on a pre-let basis. This is an approach we have become expertly accustomed to, being involved in many similar mixed-use schemes in London.

Sustainability

The scheme at Edgware Road reuses an existing brownfield site that contained dilapidated buildings. Energy efficient features are incorporated into the design to address internal overheating and reduce carbon emissions, while the design also minimises noise pollution. Flood risk has been managed through sustainable drainage systems and the scheme uses local suppliers for the procurement of materials.

Biodiversity

Residents benefit from a thoughtfully landscaped courtyard garden arranged centrally between apartment blocks. This ornate amenity area has been carefully designed and contains planting areas that promote biodiversity while creating a tranquil zone for people to relax and enjoy the space.

Additional affordable

The tenures have been selected by our client to meet local housing needs and create an additional quantum of affordable homes within the scheme over and above planning policy requirements. These objectives align with V10’s social values in creating opportunities for people to take their first step onto the property ladder.

Karl Timberlake, Land & New Business Director at V10 Homes, commented: “It’s always a great moment when a building, which forever seems to have been on an architects’ planning drawing, finally takes shape…and the best is yet to come. drMM Architects designed a truly stunning scheme with facades which will make this an iconic development in the true sense. Indeed, our development partners, Network Homes, have named the scheme ‘Icon’. Very fitting!”

To date I must have delivered nearly 1,000 timber frame and modular homes either onsite or within my pre-construction role, and each site presents new challenges in delivering an MMC product. Here’s a snap shot of those experiences.

Having first been introduced to timber frame back in 2016 on small-scale projects within central Cambridge, my eyes were opened to the potential future of the construction industry; how important it was if the industry wanted to survive and grow, as well as deliver much-needed homes.

That same year a modular company was set up called ILKE Homes, owned by the same investment company as Keepmoat Homes and Elliots. I was asked to manage the construction and programme of their show-homes/sales centre down in London as a test case. Having spent six weeks onsite preparing the area, two units were delivered and connected to services within an eight-hour period, and the sales centre opened two weeks later. Impressive!

Traditional v MMC

Having worked on and delivered sites via traditional, timber frame and modular construction, there are benefits to each scenario.

Traditional build suits the sales market as production can be aligned more closely to sales rates. Traditional build is especially beneficial if the site is constrained with differences in levels. Traditional build sites are often more technically challenging and therefore under-build, or steps and staggers in roof lines make it a lot easier to build traditionally than those designed into an MMC product, where adaptions are difficult to overcome and the time saving benefits of the MMC products get eroded.

My observations are that the MMC sites are generally tidier, and are easier to manage, providing the sites have been programmed according to the method of construction and the site team has delivered that product before. Having worked on a scheme that has delivered circa 90 units in a single financial year, it’s fair to say that MMC sites can also be ramped up for longer, with sustainable output between six and eight units per month. Whilst it’s never easy for the site teams, it was manageable and the ability to ramp up production, especially in the summer months, where getting roofs on for December meant a staggered and deliverable programme for oncoming trades over the subsequent six months.

My personal experience is that MMC is easier to programme and has a lot more delivery certainty, especially in areas where traditional methods may be impacted by the weather and programmes are needed to suit certain delivery for times of the year. Whereas MMC construction is less impacted by the weather or if there are time delays, they are far less prohibitive than those of traditional build methods. Programming became an invaluable tool for myself in understanding and delivering the MMC sites and allowed me to understand the differences in internal build methodologies, especially when it comes to pre-plaster inspections and general first fix works.

The ability to get MMC sites off the ground that have challenges is hugely exciting and rewarding, and makes me a huge advocate for all MMC systems which can vary so much from open to closed panel timber frame, to those of smart roofs, and pre-insulated and concreted floor slabs. All of which makes for an exciting future to our industry, especially with the Future Homes standards being introduced in 2025 as Part L 2023 changes.

Comments by: Keiran Wakley, Head of Pre-Construction & Sustainability.

V10 Homes has bolstered its construction expertise with the appointment of Keiran Wakley.

Keiran joins us as head of pre-construction and sustainability from Keepmoat Homes, where he worked as a pre-construction manager.

He brings with him significant industry experience including onsite construction management and project management of large-scale residential developments.

In his new role at V10, Keiran will review and appraise new land opportunities and oversee value engineering for our exciting pipeline of new schemes.

With a detailed knowledge in modern methods of construction and building regulations, his experience will be a vital part of V10’s continued growth and focus on sustainable construction.

Commenting on his new role, Keiran said: “I’m hugely excited about this new chapter and challenge at V10 Homes. This is an ambitious company with people who are truly enthusiastic about creating better and more sustainable housing and this really appealed to me.”

Keiran’s career highlights include acting as project lead on a major Homes England scheme of 425 new properties in Somerset, delivering the first modular homes for ilke Homes as construction lead and delivering numerous five-star National House Building Council quality sites across the UK.

John Stainton, project delivery director at V10 Homes, added: “We’re thrilled Keiran is joining the V10 team to provide a broad range of skills that befit the pre-construction role our business model demands. It’s clear his design and construction know-how and ability to manage multiple projects through the full development cycle will enable us to sustain our growth and remain as one of the leaders in the delivery of package deals to the RP sector.

“Keiran also holds a wealth of modular housing experience which accords with our values to promote modular methods of construction with our delivery partners.”