Tamdown, our civil engineering business, provides a range of specialised infrastructure and engineering services to the UK housebuilding and commercial sectors. Services include earthworks, building highways, substructures and basements, installing drainage systems, as well as high-rise construction. It has an established market-leading position having been in operation for over 40 years.
Tamdown works with the majority of the top ten largest UK housebuilders and is developing key relationships with tBuild to Rent and affordable housing sector developers. Tamdown’s operations are focused on the South East of England and London.
The backdrop of Government stimulus to counter the housing supply deficit, along with our strong order book, provides us with confidence that our existing and new customers will continue to demand our services and that our business is well positioned to grow.
The National Housing Federation has identified the need for up to 340,000 new homes in England per year up to 2031. There is the expectation that the housing deficit will remain over the long term and the prevalence of this deficit has attracted a significant amount of Government stimulus to the sector.
Tamdown operates in the South East of England and London, where the undersupply of housing appears to be more acute compared to the rest of the UK.
Tamdown works with the majority of the quoted housebuilders, who account for approximately 50% of total private new build volumes. This dominance is expected to continue as these customers work through their land bank and develop larger schemes.
Tamdown also works with a number of housing associations that deliver mixed tenure developments and are focused on the affordable homes segment of the housing market, who offer variety and strength to its customer base.