All finance articles – Page 2
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NewsSocial housing ESG reporting standard updated to focus on tenant issues
New version of Sustainability Reporting Standard used by 100 providers places more emphasis on damp and mound and net zero targets
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NewsNew REIT aims to invest £500m in buying homes for rent
Moorfield eyes bulk purchases from housebuilders for family rental housing
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NewsCasa by Moda secures funding to build 1,100 rented homes
Build-to-rent business says £150m from Natwest will enable it to accelerate development of single family homes
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NewsHousebuilders boosted as Bank of England holds interest rates
Monetary Policy Committee keeps base rate at 5.25%
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NewsCouncils sitting on £3bn of developer contributions, report finds
Home Builders Federation research finds local authorities have an average of £8m in their bank accounts from housebuilders
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NewsInland Homes subsidiary breaches loan covenant
South east housing developer says it is yet to secure a waiver for £13.6m loan
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NewsNewly-merged Southern misses build target by a third as it scales back development
78,000-home group slashing new build to 250 homes year over next three years
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NewsIlke collapsed into administration with debts of £319m
Staggering debts of modular housebuilder include £68m to Homes England and £227m to equity investors
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NewsAffordable housing to make up a quarter of institution-owned homes by 2025
JLL says numbers of homes built by ‘for profit’ providers to double to nearly 60,000
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NewsWatkin Jones issues profit warning as CEO resigns
Build-to-rent and student housing specialist warns underlying profit may not increase from half year level if sales fall through
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NewsBarratt predicts 25% completions slump for 2024
Housebuilder says private reservations have dropped significantly in recent weeks as interest rates have risen
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NewsDLUHC admits handing £1.9bn of housing funds back to Treasury
Gove’s department says affordable homes cash can be re-profiled but £1.2bn of Help to Buy funds lost
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NewsBrickmaker cuts jobs as housing recovery stalls
Forterra announces redundancy consultation amid ‘significant uncertainty’ in demand as interest rates rise
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NewsIlke Homes goes into administration
‘All activities to cease’ as loss-making modular housebuilder fails to find a buyer
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NewsBarratt sells 600 homes to Lloyds rental subsidiary
Deal with Citra Living comes as housebuilders ramp up bulk sales in ‘challenging’ market
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NewsAffordable homes funding overhauled as government misses programme target
Homes England will be able to fund replacement affordable homes for the first time amid deepening delivery challenges
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NewsIlke Homes files notice of intention to appoint administrator
Action gives troubled modular housebuilder two week breathing space from creditors in which to sell company
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NewsBellway private reservations down 30%
Housebuilder chief executive says firm ‘mindful’ over the current path of interest rates
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NewsCrest Nicholson’s profit nearly halves as sales fall
Firm says slower market has prevented it from raising selling prices to offset inflation hit
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NewsIlke Homes in race to pull in more funding
Modular housebuilder aiming to avoid inclusion of ‘material uncertainty’ statement in delayed annual accounts