All Financing articles – Page 7
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News
Vistry strikes 1,750-home deal with Blackstone and Regis
Latest large-scale forward sale deal is worth £580m
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News
London council sees housing starts slump by 96% in the past year
Southwark Council’s start figures have dropped from 684 to 28 last year
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News
Riverside replaces director of finance company
Joanna Bonnett and Matthew Blake have taken over as directors of Riverside Finance
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News
Nationwide reports ‘modest rebound’ in house prices with 0.4% growth in May
Bank’s chief economist says market showing resilience with election not expected to generate significant change
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News
Loss of social homes cost UK economy £25bn last year, new report finds
Research estimates that social housing tenancies contribute over £70bn per year to the economy. This contribution could be even greater if 1.4 million social homes had not been lost to disposals, conversions, and the Right to Buy scheme.
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News
MTVH reports £80m deficit due to fire safety costs and write-downs
Revenue and underlying operating surplus up but housing association hit by higher non-recurring and fire safety costs
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News
Wheatley Group retains A+ stable credit rating
S&P says 93,000-home Scottish housing association has “very strong liquidity”
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News
Fixing poor-quality homes could save the NHS and social care £1.5bn a year, research finds
Research by the Building Research Establishment on behalf of the Centre for Ageing Better finds that investment in home improvements could help save public sector services billions per year
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News
Orbit sets target to build and regenerate 5,700 homes by 2030
The Midlands-housing association’s new corporate strategy will focus on continuing to build homes ‘at scale’
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News
CIH welcomes DESNZ’s changes to Social Housing Decarbonisation Fund wave three
The membership body says that changes to the scheme design should make delivery easier and shows DESNZ has listened to feedback
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News
G15 chair writes to Gove to rebut claims of ‘widespread abuse of service charges’ by social landlords in London
Fiona Fletcher-Smith wrote to Gove regarding ‘comments and accusations’ made against housing associations in a letter from Sir George Howarth MP
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News
Re-elected Andy Burnham commits to building 10,000 new council homes over the next four years
After winning his third mayoral term, Burnham vows to make housing a ‘top-order issue’ and end the housing crisis within a decade
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CIH Northern Ireland says budget cuts are a ‘devastating blow’ to social housing development
The Department for Communities annual capital budget has been cut by a further 38%
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News
Reading Council set to wind down ‘unviable’ housing company
The local authority says the wholly-owned Homes for Reading has missed two loan repayments
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Comment
Section 106 delivers numbers- but to ensure good services, HAs need more control
L&Q has launched a review into how it can work with managing agents where ownership arrangements make it hard for the association to influence services and costs for residents. Fiona Fletcher-Smith explains more.
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News
Clarion full-year completions fall 24%
Housing association giant takes a more “cautious” approach to new build as it undershoots original development target by 600 homes
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House prices ‘largely unchanged’ compared to last year, Zoopla figures indicate
Average property prices have fallen by £410 compared to March 2023
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Clarion’s development arm secures planning for 481 homes in Digbeth
The deferred planning application has been approved following concerns over section 106 agreement
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News
Enfield Council seeks developer for next phase of 10,000-home Meridian Water regeneration
The contract is worth £260m, and homes will need to be delivered between 2025 and 2033
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News
First-time buyer affordability ‘at its worst in 70 years’
Building societies warn that first-time buyers are increasingly reliant on “Bank of Mum and Dad” and having two higher-than-average incomes