All Financing articles
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CommentWarm Homes: Social Housing Fund Wave 3 – now that bids have been submitted, what’s next?
Social landlords who have bid for a share of £1.3bn in decarbonisation funding should be getting ready now to hit the ground running when the money comes through. Jessica Arczynski and Rubianka Winspear explain how
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NewsSadiq Khan consults on plans for new intermediate rental tenure for key workers
Mayor London proposes rents based on 40 per cent of key workers’ incomes
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NewsCommittee ‘concerned’ Welsh government’s 20,000 social homes target will not meet demand
The Housing and Local Government committee has suggested that the government needs to raise its social housing target from 20,000 to 60,000.
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NewsYorkshire Housing boosts pre-tax surplus by 80%
The 18,900-home housing association said it has had to ‘flex’ its development programme due to the economic conditions, but is on track to meet its building target.
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NewsPennycook ‘convinced’ 1.5 million homes are deliverable but won’t commit to annual targets
Housing minster tells MPs he can’t provide a figure for the number of affordable or social rent homes to be delivered within the 1.5 million homes target
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NewsSovereign Network Group appoints Guy Slocombe from Hyde to senior role
Former City banker Slocombe will take up chief investment and development officer position, replacing Tom Titherington
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NewsWolverhampton Council and English Cities Fund submit plans for city centre redevelopment
Plans unveiled for first 331-home phase of 1,000-home masterplan
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NewsRetirement Villages Group gets green light for 144-home Epping Forest scheme
Epping Forest District Council has granted the AXA-owned developer permission to deliver an over-65s development in Chigwell
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NewsGleeson ‘on track’ to increase profit despite ‘lack of conviction’ in market
The housebuilder forecasts completing 1,862 new homes and achieve a £28.1m pre-tax profit this year
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NewsNine housing associations re-issued with ‘V2’ financial viability grade following stability checks
All of the housing associations assessed so far kept their existing financial viability grades
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NewsNorthern Irish housing bodies welcome extra £24m for social housing, but warn ‘significant gap’ remains
A total of £68m in capital funding will be allocated to social housing, water infrastructure, and tackling rural poverty.
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NewsWelsh housing secretary sets up and appoints lead of Affordable Housing Taskforce
In September, Audit Wales published a report warning that the Welsh government will fall short of its target to build 20,000 social homes by March 2026 without significant additional spending.
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In FocusHow worried should the sector be about Vistry?
Housebuilding industry poster-child Vistry has been charting an aggressive growth course despite a tricky market over the last two years. Joey Gardiner asks why it has now lost half its value after two profit warnings in two months
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NewsL&Q reports deficit for first half of the year
Sale of strategic land division to Urban & Civic creates accounting loss as development falls 30%
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NewsCost of maintaining social housing units increases 11%, Housemark finds
The report found that the average cost of maintaining a social housing unit in 2023/24 exceeded £5,000
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NewsHomes England grants L&Q and the Mayor of London £124m in funding for Barking Riverside
The loan and grant funding will help to prepare the land for development of an additional 16,500 homes
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NewsAster development and pre-tax surplus drops in first half of the year
Aster’s development of new homes has dropped by 24% and its pre-tax surplus has dropped by £4.7m
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NewsBirmingham City Council calls for increased grant funding for temporary accommodation alternatives
The local authority will write to Angela Rayner urging her to create a long-term homelessness strategy that includes more funding for social housing and temporary accommodation alternatives
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NewsBromford increases spend on existing homes amid 20% increase in demand for repairs
The housing association, based in the West Midlands and South-west, has also delivered 457 new homes so far this year
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NewsManchester City Council approves additional £5m for housing company to bring forward four new development sites
This City plans to bring forward 600 new sustainable homes across the four brownfield sites