All Financing articles – Page 4
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News
Guinness undershoots development target by nearly half
Landlord says resource pressures and contractor administrations hit annual development figures
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News
London councils’ forecast £250m overspend on homelessness, London Councils warns
Council leaders’ group said that boroughs are collectively spending around £90m per month on temporary accommodation
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News
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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News
‘We need subsidy’ Liverpool HA boss tells Community Housing Summit as homelessness costs soar
Liverpool housing leaders discuss challenges in meeting housing need at joint NHF and CIH event in the city
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News
Welsh government only halfway to its 20,000 low-carbon social homes target, watchdog finds
The government may need as much as £580 to £740m extra to deliver the homes by March 2026
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News
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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News
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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News
Moody’s reconfirms Southern Housing’s A3 stable credit rating
The credit ratings agency said Southern has a very strong balance sheet and liquidity but its interest cover remains weak
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News
Chancellor will reportedly unveil 10-year social housing rent settlement in Autumn Budget
The Financial Times has reported that the chancellor is planning to introduce a rent settlement of CPI + 1% for the next decade
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News
South London council bucks trend and reduces temporary accommodation use
Wandsworth Council created 23 new job posts focused on homelessness prevention and plans to add new staff
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Comment
How do we attract more private investment into affordable housing?
The new government is pledging to prioritise social rented homes, but also wants to boost supply overall. Guy Slocombe explains how it could square this circle
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News
Surplus down but turnover rises in SNG’s first post-merger financial accounts
The merged organisation, which is aiming to develop 25,000 new homes over the next decade, says its balance sheet is ‘robust, diversified and resilient’
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News
Competition regulator to review GMCA’s brownfield housing scheme
Scheme will provide £500m in subsidies to providers developing brownfield sites in Greater Manchester
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News
Northern Housing Consortium says 320,000 new homes could be delivered on brownfield land
The membership organisation for northern housing providers has said that brownfield funding should be devolved and ‘more flexible’
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News
Platform Housing’s surplus falls due to pension scheme exits costing £18m
The Midlands-based housing association also cited cost pressures from investment in homes, customer services, and high inflation
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News
Local housing deals could deliver almost 200,000 new social homes over the next 30 years, LGA says
The LGA has said that local councils need funding and autonomy, stressing that they ’know their areas best’
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News
Bromford Housing reports increase in turnover, but higher operating costs
Housing association blames rise on higher repair volumes
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Social landlords in Northern Ireland warn ‘we will be lucky to deliver 500 new homes this year’
The letter to Angela Rayner says housing in Northern Ireland is at crisis point and welcomes Labour’s plan to ‘turbocharge’ development
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News
Birmingham City Council announces plan to use 200 vacant new-build homes for social housing
Homes intended to serve as the athlete’s village for the Commonwealth Games will be sold, but one plot will be retained to provide homes for those on the social housing waiting list