All Business articles – Page 2
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News
‘Challenging year’ for Torus as surplus drops 45%
The housing association’s surplus has been hit by high inflation and increased investment in its existing homes
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Thirteen Group ploughs additional £57m into developing new homes and increases surplus
The 36,000-home housing association invested almost £250m in new and existing homes over the year
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L&Q finance director Waqar Ahmed to step down after 16 years
Ahmed will leave his post at L&Q by next April after a career spanning three decades
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Shelter chief executive Polly Neate to step down next March
After seven years at the homelessness charity, Neate says she has made “the incredibly difficult decision” to leave
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Salix Homes appoints new chair as CEO announces retirement
Senior leadership changes are underway at Salford-based housing association
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Stonebond’s ex-chief executive joins Surrey housebuilder
Andrew Cornelius is the new chief financial and operating officer at Macar Homes
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In Focus
Key takeaways from the Building the Future Conference and Housing Today Live
Church House in Westminster yesterday was the venue for two back-to-back conferences on construction and housing attended by hundreds of professionals from the built environment. Here is a round-up of the key talking points from the event, run by Building and Housing Today.
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Turnover and surplus up at Onward Homes
North-west housing association increases shared ownership sales income
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Clarion sells 700 properties to Eastlight Community Homes
125,000-home provider has sold nearly 3,000 homes to other providers since April 2022
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Average house prices increase to £370,000 as buyers act on falling mortgage rates
Prices have increased by almost £3,000, which is double the long-term average for September
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West of Scotland Housing Association boss to retire next year
Brian Gannon has announced he will be stepping down as chief executive of the Glasgow-based housing association in spring 2025
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Guinness undershoots development target by nearly half
Landlord says resource pressures and contractor administrations hit annual development figures
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Housing sector welcomes Northern Ireland draft programme for government as ‘starting point’
But bodies stress the need for sufficient funding to deliver more affordable housing
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NHF-backed alliance appoints 22 construction firms to £800m framework
Building Better and Procurement for Housing’s four-year framework aims to boost the use of MMC in social housing
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Flagship boosts surplus by 16% despite fall in open market sales and higher salaries
East of England provider built 744 homes in the 2023/24
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Housing bodies cautiously welcome Scottish goverment’s housing focus in 2024/25 programme
However, the Scottish Federation of Housing Associations has warned that the government also needs to tackle funding delays and remove obstacles for mid-market rent homes
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News
Aster’s surplus hit by higher interest costs and writedowns
The housing association’s pre-tax profit falls 14% due to a combination of an increase in costs caused by inflation and an ‘all-time high’ investment in its homes
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Grenfell Inquiry decides against recommending further regulation of social housing providers
The inquiry finds no additional recommendations needed beyond the changes made in the Social Housing (Regulation) Act
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News
KCTMO responsible for ‘systemic failings’ in fire safety management, Grenfell Inquiry finds
The inquiry highlighted housing manager’s failure to disclose fire risks to its board and its troubled relationship with residents
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News
Rayner holds meeting with council leaders to discuss Right to Buy changes
The deputy PM is expected to launch a consultation on scrapping the scheme for new-build homes and reducing discounts for sales of existing stock