All Financing articles – Page 3
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NewsSpeed of delivering levelling up projects has ‘not matched expectations’, admits top DLUHC official
First round of Levelling Up Fund spending has been extended to March 2025
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NewsAverage house price up £4,500 in January, says Rightmove
But values down nearly 1% on same month last year
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NewsGovernment should create £4bn Housing Accelerator Fund, says Housing Forum
The fund would deliver 60,000 new affordable rented homes and more than halve homelessness
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NewsChurchill’s pre-tax profit almost halves
The group’s revenue has fallen by 12.9% year-on-year, as unit sales drop
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NewsHouse prices rise for third consecutive month, says Halifax
December house price index suggests fall in house prices of more than 2% in 2024
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NewsApprovals rise despite historically low annual mortgage growth
High interest rates responsibile for low net mortgage lending figures in November
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NewsTwo-thirds of £4.2bn Housing Infrastructure Fund remains unspent
Government remains ‘confident’ all of the fund will be spent despite the scrapping of several schemes due to rising construction costs
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NewsA2Dominion governance status downgraded due to ‘serious regulatory concerns’
Housing association says it is working with the RSH to restore rating
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NewsHousing sales in November fell for third month in a row, HMRC says
Transactions dropped by almost a quarter compared with November 2022
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NewsGuinness reveals smaller operating surplus in half-year update
Social housing provider expects to deliver 883 new homes by the end of 2023/24 financial year, an increase on previous year
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NewsMetropolitan Thames Valley Housing’s ‘A-’ credit rating affirmed
The credit rating agency has also upgraded its outlook on MTVH from negative to stable
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CommentWill 2024 bring transformational change for the housing sector?
A general election amid a rise in off-balance sheet funding models, joint ventures and a more nuanced role for MMC – Richard Jones looks at what 2024 may hold for housing
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NewsA2 Dominion appoints former Sovereign executive as chief finance officer
The housing association has streamlined two executive finance director roles as part of leadership changes related to its new corporate strategy
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NewsThree social housing landlords found in breach of regulatory standards
Origin found to be non-compliant with economic standards, while Woking and Wigan have breached consumer standards
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NewsOperating margin of 200 largest social landlords falls to lowest since 2009, says regulator
Landlords’ aggregate accounts also show that interest cover is at its lowest level since 2010
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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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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