All Business articles – Page 6
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In FocusKey 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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NewsTurnover and surplus up at Onward Homes
North-west housing association increases shared ownership sales income
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NewsClarion 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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NewsAverage 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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NewsWest 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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NewsGuinness undershoots development target by nearly half
Landlord says resource pressures and contractor administrations hit annual development figures
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NewsHousing 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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NewsNHF-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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NewsFlagship 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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NewsHousing 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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NewsAster’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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NewsGrenfell 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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NewsKCTMO 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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NewsRayner 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
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NewsThe government officially scraps Conservatives’ proposed ‘British Homes for British Workers’ policy
MHCLG in an official consultation response says there are already stringent rules in place to determine social housing allocation
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NewsReport backed by major developers calls for government to help SME housebuilders
Pocket Living has urged the government to to create Homes England ‘SME managers’ as part of 10-point plan to help ‘save’ smaller housebuilder sector
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NewsMore than 1,100 objections lodged against 800-home development on green belt land
Plans for a green belt development have received strong opposition due to residents’ concerns it would remove “productive farmland”
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NewsMoody’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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NewsOmbudsman tells Peabody to improve its approach to relocating tenants during repairs
Housing association has been urged to improve its decant policy, as well as its repairs and complaints handling