All Financing articles – Page 3
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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
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NewsHousing Ombudsman's orders against social landlords triple year-on-year
Blakeway made almost 22,000 recommendations to put things right in 2023/24
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NewsHomes England, Muse and pensions insurer announce JV to build 3,000 homes
New company Habiko aims to be self-sustaining within 12 years
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NewsCredit rating agency revises Places for People’s outlook from stable to negative
S&P has downgraded PfP’s outlook due to increased costs associated with investments in existing homes
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NewsConcern mounts over financial impact of NI changes on housing associations providing care and support
Changes could cost larger care providers millions of extra pounds a year
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NewsNumbers of people rough sleeping in London increases by 18% compared to last year
The homelessness sector has welcomed the additional £233m funding for homelessness in the budget but says long-term funding is needed.
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NewsSector bodies urge Scottish government to prioritise housing following £4.9bn Budget boost
Housing organisations point out that the Scottish government has promised to prioritise housing yet affordable housing funding was cut by £196m this year
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NewsGovernment allocates extra £230m to tackling homelessness and rough sleeping in Autumn Budget
Total spending on homelessness to rise to £1bn in 2025/26
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NewsSocial landlords increase stock at faster rate despite ‘challenging economic environment’, RSH reveals
Providers increase stock by nearly 43,000 homes, compared to around 33,000 homes the previous year due to increase in social rent homes