News – Page 5
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Welsh social landlords complete merger
Newly-formed Beacon Cymru Group will manage 9,000 homes across South Wales
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Vistry issues third profit warning in as many months with original forecast now slashed by 40%
Housebuilder says 2024 figure will be around £250m, having originally predicted £430m
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New RICS president warns skills shortage could ‘derail’ Starmer’s housebuilding plans
Justin Sullivan says demand for skilled workers is “white hot” as industry requires 250,000 extra bodies by 2028
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Housing leaders named in New Year’s Honours List
Recipients include FCBS partner and founder of construction diversity group
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Lendlease’s UK construction business to be bought by US private equity giant
Atlas Holdings due to wrap up deal by middle of this year
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Stonewater increases development but surplus dips
Reduced shared ownership staircasing and increased costs squeeze 40,000-home provider’s operating surplus
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Hightown appoints new chief executive from Greensquare Accord
Long serving CEO David Bogle will pass the torch to Maxine Espley in April
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House prices up 4.7% on the year in December
Stamp duty changes expected to lead to a jump in transaction at start of 2025
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MTVH retains ‘A-‘ stable credit rating but building safety costs likely to ‘hinder’ financial performance
Housing association’s financial performance expected to be “stable but modest”
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Deal signed to develop 1,000-home Bradford neighbourhood
Planning application due to be lodged next spring
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Vistry agrees foward sales with Paradigm and Leaf on 370-home Oxford scheme
Housebuilder working on detailed planning submission after buying site in Kidlington
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Legal & General buys two plots in 1,400-home Birmingham scheme, doubling number of affordable homes
700 of the 1,414 homes intended for the 2022 Commonwealth Games’ athletes’ village will be for affordable tenures
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CIH Northern Ireland welcomes doubling of communities department’s capital funding budget
£100m earmarked for social housing in draft budget
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Homes England’s section 106 database welcome but ‘won’t fix fundamental problem’, warn HBF and NHF
MHCLG points to new Homes England database but sector bodies say lack of financial capacity is main factor holding housing associations back from bidding for affordable homes
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Miller Homes agrees deal to buy St Modwen as it eyes 6,000 homes a year
£371m-turnover business set to be snapped up by Scottish housebuilder
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Southern Housing appoints new executive director of operations
The housing association has internally promoted its director of corporate operations
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Norwich City Council revives 1,100-home Anglia Square development after Weston Homes axed plans
Homes England will help turn shopping centre into a new neighbourhood
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Grey belt housing delivery will be ‘meaningful but not significant’, says minister
Matthew Pennycook tells Lords committee percentage of green belt to be released likely to be less than 10%
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Abri and Octavia complete merger
Troubled 5,000-home Octavia is now a subsidiary of 55,000-home provider