News – Page 123
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Construction insolvencies up 34% on last year
Rise in late and failed payment claims suggest situation could get worse amid concern about insolvencies delaying housing schemes
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Build to rent starts and completions fall sharply in the last year
Latest data from BPF and Savills show London starts down 80% in 2023 so far
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Help to Buy scheme ends after funding new homes worth £110bn
Official figures show the scheme supported 390,000 house purchases
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S&P lowers Hyde’s credit rating due to higher-than-expected sales exposure
Credit rating agency raises concern about short-term risk but says Hyde’s ‘third-party’ investor strategy could lower exposure in the longer term
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Moda’s single family housing arm hires new operations director
Sarah Nelson joins Casa by Moda as it seeks to build 5,000 homes by 2025
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ForHousing appoints two new board members
24,000-home Salford-based landlord recruits Worthing Homes boss to board
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L&G Affordable Homes falls to £7.5m loss
Insurance giant subsidiary reports 2022 loss after revaluation of homes in wake of mini budget turmoil
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Average house prices dip 0.2% says Rightmove
The property portal also reports declining volume of homes for sale compared to four years ago
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Weston founder predicts 40% national housebuilding drop
Bob Weston predicts steep fall in output over the next 12 months
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Muse and University of Salford submit plans for 933-home scheme
Crescent Innovation North scheme is part of £2.5bn masterplan
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Abri hits 1,000-home build target for 2022/23
Hampshire-based housing association boosts development by a fifth
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MPs warn Gove’s planning reforms could make housebuilding targets ‘impossible’ to hit
A cross-party committee of MPs has been reviewing plans to make planning targets advisory not mandatory
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Housing minister dismisses 250,000-home Cambridge expansion report as ‘speculation’
Rachel Maclean says ‘Silicon Valley of Europe’ idea reported in the Sunday Times is “not government policy”
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Peabody pumps half a billion into new homes despite development dial down
Housing association boosts amount spent on new homes but says it is “significantly” below what it had been planning originally
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CIH calls for social energy tariff to boost decarbonisation
Institute says idea being considered by ministers would boost social housing providers’ net zero and maintenance efforts as well as helping residents
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Social housing consortium opens bidding for £3.2bn repairs framework
Projects across three regions can access initiative
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Weston boss distances himself from modular at offsite factory launch
Bob Weston says ‘no comparison’ between failed volumetric ventures like Ilke and his panelised system
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Barratt 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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Private housebuilding output drop 1.6% in May
Official figures for May show drop in new-build construction driven by private housing decline
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DLUHC 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