News from RICS
Read the latest surveying industry news and keep up with developments within RICS.
-
Dispute resolution
News 21 Sep 2017
For discussion
The RICS ADR Product Group Director, John Fletcher, been invited to speak alongside the Shadow Minister for International Trade, Bill Esterson MP, at the Labour Party Conference in Brighton on Monday at an event organised by The New Statesman to explore the potential of alternative dispute resolution (ADR) to assist small business.
-
Quantity surveying & construction
News 08 Sep 2017
For discussion
Civil engineering costs rose 4% in the year to 1st quarter 2017 and are forecast to rise by around 3% in the year to 1st quarter 2018 and 1st quarter 2019; by 4% in the year to 1st quarter 2020, and by 5% per annum over the last two years of the forecast.
-
Quantity surveying & construction
News 08 Sep 2017
For discussion
While it is not yet known what the impact of leaving the European Union will be, because it is still not clear what form the Brexit agreement will take, it is becoming clearer what will be affected.
-
Quantity surveying & construction
News 07 Sep 2017
For discussion
The BCIS Online featured project for September 2017, submitted by Selway Joyce Construction Cost Consultants, is the recently tendered £4.8 million conference and community centre in Chichester, West Sussex.
-
Quantity surveying & construction
News 07 Sep 2017
For discussion
Crossrail, Battersea Power Station and Hinkley point have all been in the news because of reports of increased costs. It is important to understand the causes of increased costs, many of which may be part of the planned delivery and contracting process for the project.
-
Quantity surveying & construction
News 06 Sep 2017
For discussion
Private housebuilders' costs rose at almost 5% in the year to 2nd quarter 2017 in response to demand pressures from resource costs.
-
Matrics
News 29 Aug 2017
For discussion
Congratulations to those shortlisted for the RICS Matrics Young Surveyor of the Year Awards 2017; the standard of entries was particularly high this year. From over 150 entries, we now have an impressive collection of inspirational role models.
-
It is with great sadness that we have heard that Governing Council member Christopher Green FRICS passed away on Sunday 27 August 2017. He served on the Council for six years.
-
Commercial property
News 24 Aug 2017
For discussion
We have been working with Crown Commercial Service (CCS) on the Estates Professional Service framework, and are pleased to announce that the process of awarding this has now been completed.
-
Commercial property
News 
Gail Hunter, 23 Aug 2017
For discussion
We welcome the publication of the Barclay Review of business rates as “a welcome addition to the debate” surrounding Scotland’s competitiveness in the global marketplace.
-
Quantity surveying & construction
News 22 Aug 2017
For discussion
The updated 2018 resource datasets are now available, including all recent changes to wage rates, plant and materials prices, the revision of adjustment factors and a range of new items. Pricing information is based on second quarter 2017.
-
Quantity surveying & construction
News 16 Aug 2017
For discussion
Imagine landing your first dream job, earning money while still studying for a degree. Not just that, you've been provided with an opportunity to work on one of the most iconic developments in the UK. We talk to five apprentices, who don’t need to imagine.
-
Quantity surveying & construction
News 11 Aug 2017
For discussion
This week A-Level results are released across much of the UK. With a new flurry of young talent entering the world of work, there’s never been a better time to consider taking on a surveying apprentice and attract the brightest and the best from this new generation.
-
APC
News 11 Aug 2017
For discussion
If you’re counting down to your APC Final Assessment, it’s possible you may still have questions or concerns about what to expect. Fear not, as we’ve collated the top five key questions asked by candidates to our APC Assessors at recent Q&A sessions.
-
Quantity surveying & construction
News 08 Aug 2017
For discussion
What would you do after being rejected for a place on your dream project management postgraduate course? How about enrol on a quantity surveying course, get a job with AECOM, move to Canada and oversee the management, design and construction of petrol stations in one of the biggest countries in the world? Kerhys Sterling describes her inspirational journey into surveying.
-
Valuation
As investigations into the cause, and the subsequent rapid spread, of the recent tragic fire at Grenfell Tower in West London continue, there is clearly a significant and understandable degree of public concern in relation to high rise residential developments; in particular regarding the existence and effectiveness of fire prevention measures and containment of fires once started.
-
Quantity surveying & construction
News 
Jeffrey Matsu, 04 Aug 2017
For discussion
The issue of how to solve the engineering and construction talent gap was recently discussed by senior leaders from across Europe, the Middle East and US at the World Economic Forum's “Future of Construction” Roundtable in Berlin. A reoccurring message throughout our meeting was that the perception of our industry is substantially below its great potential – people like the industry’s purpose, but perceive the work negatively. Do you agree?
-
Residential property
News 03 Aug 2017
For discussion
We’re joining industry voices in support of government plans to boost the private rental sector and tackle affordability in the market. Build to Rent homes are built at scale for the primary purpose of being rented long-term; they can increase choice and quality in the private rented sector.
-
Investments
News 20 Jul 2017
For discussion
Why did Lloyds Banking Group make the decision to adopt RICS standards? And what benefits do they bring to their business? We recently met up with David Hughes Head of Solutions, Commercial Real Estate at Lloyds to find out why our standards are so vital to him and the work he does. Read David’s thoughts below.
-
Finance & taxation
2017 has seen the introduction of the amended Money Laundering Regulations, enshrining the Fourth European Money Laundering Directive within UK law. Professionals should be to be aware of the most recent amend to HMRC's guidance around this subject.
-
Quantity surveying & construction
News 20 Jul 2017
For discussion
A recent BCIS news feature, 'Converting offices into homes', identified that on a £/m2 basis, the difference between the cost of conversion and new build can be nominal.
-
Facilities management
News 20 Jul 2017
For discussion
The BCIS five-year forecast for the facilities management sector sees maintenance cost inflation rising by 2.5% to 1st quarter 2018 and by a further 2.9% to 1st quarter 2019. It's then forecast to rise by over 4% in each of the next three years.
-
Quantity surveying & construction
News 19 Jul 2017
For discussion
Cleaning costs are still set to rise by more than 25% over the next five years as labour cost pressures, fuelled by the projected National Living Wage (NLW) increases, remain unchanged.
-
Quantity surveying & construction
News 18 Jul 2017
For discussion
The average annual running cost of student residences is in the region of £51 to £67 per m2 of gross internal floor area, according to the latest occupancy cost plan published by BCIS.
-
Building control
On 7 July 2017, the first meeting of RICS Buildings Fire Safety Group was held. This RICS working group will address concerns and recommendations in response to the Grenfell Tower disaster, with RICS professionals coming together to set out the best possible strategy and counsel.