All Financing articles – Page 3
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NewsSolihull Council appoints Vistry to deliver MMC sustainable housing scheme
The development will be 100% affordable
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NewsCouncils urge chancellor to take ‘immediate action’ as one in four councils risk needing bailouts
LGA says Budget must provide councils with financial stability to protect the services
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CommentNext steps for business planning in housing associations
Financial reporting season has barely come to an end for English registered providers but work on next year’s budget planning and financial forecast returns (FFRs) will have to start within weeks. Helen Routledge provides tips for improvement
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NewsNewham Council becomes first social landlord to receive lowest ‘C4’ consumer grade
Regulator calls for “significant change” at London borough after finding missed electrical tests, fire checks and thousands of overdue repairs
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NewsS&P downgrades Futures Housing’s credit rating over increased investment in existing homes
The credit rating agency says that Futures’ spend on stock will keep its EBITDA margins below 20% over the next two years
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NewsScottish regulator warns of ‘systemic failure’ to deliver homelessness services
The organisation says the last year has been the most challenging for social housing since the Scottish Housing Regulator was formed in 2012
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NewsNorth East Combined Authority and Homes England form strategic place partnership
NECA has signed an agreement to form a long-term partnership with the government’s housing and regeneration agency to help unlock local housing development
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NewsCitizen builds ‘record’ 703 new homes
The 32,000-home housing association’s turnover increases, but its surplus falls due to interest costs
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NewsNotting Hill Genesis confirms £90m deficit in overdue financial accounts
The 67,000-home housing association’s accounts were late as it was reviewing one-off costs, most of which related to building safety
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NewsGovernment will miss 1.5 million homes target by almost a third without funding, the NHF and HBF warn
Research by Savills shows there there could be a shortfall of up to 95,000 new homes per year.
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NewsGreensquare Accord posts surplus for first time since merger
GSA said its underlying stability is improving after a “challenging” first two years
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News‘Challenging year’ for Torus as surplus drops 45%
The housing association’s surplus has been hit by high inflation and increased investment in its existing homes
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NewsSomerset council calls new proposed mandatory housing target ‘unrealistic’
The leader of Bath and North East Somerset council has warned Angela Rayner new target must take into account UNESCO status
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NewsThirteen Group ploughs additional £57m into developing new homes and increases surplus
The 36,000-home housing association invested almost £250m in new and existing homes over the year
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NewsL&Q finance director Waqar Ahmed to step down after 16 years
Ahmed will leave his post at L&Q by next April after a career spanning three decades
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NewsStonewater increases development 23% as it boosts spend on new build
Surplus doubles due to one-off merger gain but repair costs rise
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NewsOxford City Council set to approve 184-home deal with Vistry
The local authority will also transfer 168 homes owned by its housing company OX Place to its Housing Revenue Account
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NewsScottish government allocates £22m in affordable housing bonds to Link and Cairn Housing Association
The Conservative shadow housing secretary says the investment is not new, and “a drop in the ocean” compared to cuts made to affordable housing in Scotland
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NewsMetropolitan Thames Valley Housing increases development spend by 40%
Accounts also confirm £80m deficit after building safety costs and write-downs
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NewsBuilding costs higher than house prices in one in five areas, Housing Forum finds
A report from the cross-sector network estimates that building a new home costs more than £250,000, which is higher than local house prices in some areas