All Market articles – Page 11
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NewsShared ownership still considered too ‘niche’ and ‘unpredictable’, MPs hear
Shared ownership needs to be made predictable to secure more buyers and lenders, say witnesses giving evidence to a backbench committee’s inquiry into shared ownership
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NewsPeabody to sell off 500 DIY shared ownership homes in the new year
Legal & General understood to be interested in acquiring the homes
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NewsInland Homes administrators rule out rescue for any part of the business
Aston Clinton Developments, Inland Homes 2013 and Hugg Homes may lack funds to pay off all unsecured creditors, and some secured creditors may not be repaid in full
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NewsGuinness completes takeover of troubled Shepherds Bush
5,000-home housing association judged non-compliant with regulatory standards has joined £540m-turnover housing association Guinness
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NewsStonewater’s surplus decreases 43% as shared ownership staircasing sales dip
The 36,000-home housing association reports lower sales revenue and increased repair costs
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NewsNottingham City Council issues section 114 notice over £23m black hole in budget
Nottingham also issued an s114 two years ago when it unlawfully used HRA funds to support council finances
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NewsIncreased costs of new shared ownership model could hit viability, housing associations warn
Housing associations warn financial sustainability of shared ownership needs to be monitored following changes introduced by the government
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NewsNearly half of older private renters worry about debt, says NHF
NHF boss calls for long-term investment in social housing, as older people are being left without affordable housing options
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NewsS&P likely to raise Octavia’s credit rating if Abri merger goes ahead
S&P Global Ratings has indicated they could raise Octavia’s current ‘BBB’ rating due to ‘stronger creditworthiness’ of Abri
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NewsInvestment firms Man Group and PATRIZIA launch £100m rental housing JV
£100m platform to invest in new-build single-family rental homes
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NewsSanctuary and Johnnie Johnson boards approve merger
Older people’s housing provider Johnnie Johnson Housing will become Sanctuary Housing subsidiary
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NewsHousing assocations’ cash interest cover falls to record low
Regulator warns providers’ capacity to absorb risk has reduced
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NewsGrainger reports record delivery of homes and 12% rise in rental income
Grainger has generated £128.4m in operating profit, and is set to deliver 1,640 homes in 2023
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NewsAutumn statement: LHA rate increase welcomed amid ‘absence’ of housebuilding and decarbonisation measures
Housing sector figures say the Government needs to help “get builders building” and support housing providers with decarbonising stock
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NewsHomes England backs volumetric modular with £15m loan to TopHat
Funding body makes lending facility available despite volumetric market challenges as part of plan for a ‘diverse, efficient’ housebuilding sector
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NewsMcAlpine and Logik form JV to build 355-home build-to-rent scheme
The joint venture is seeking a funding partner to deliver the scheme, for which Sir Robert McAlpine Capital Ventures will be the developer
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NewsNotting Hill Genesis’ surplus falls by nearly 80% as sales income plummets
G15 landlord spends extra £15m on safety and repairs
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NewsThe 11 largest housebuilders own or control 1.17 million plots, competition regulator says
The Competition and Markets Authority is seeking feedback on land banks and planning rules as part of its probe into the housbeuilding market
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NewsCrest Nicholson lowers profit forecast again
Housebuilder announces cost-cutting measures “in response to market conditions”
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In FocusUK housebuilding recession: How much worse is it going to get?
With little prospect of a rapid reduction in interest rates to spur a recovery, many in the industry are now just looking to “survive until ’25”. Joey Gardiner looks at the prospects for residential developers doing so.