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Boris Johnson accused of reneging on Olympic community affordable housing pledge

19th September 2014

London mayor Boris Johnson has been accused of reneging on a manifesto pledge after plans for a community land trust (CLT) at the Olympic Park were scrapped. The London Legacy Development Corporation (LLDC), which the mayor chairs, ruled in April that plans to establish a CLT for affordable homes at Chobham Manor on the Olympic Park site should be put on hold.  The LLDC cited the risk that the long-term affordability of properties on Chobham Manor could not be guaranteed. London Assembly L...

Network signs major deal in Wembley Stadium area

18th September 2014

Network Housing has announced a major commercial acquisition in the London borough of Brent with the group exchanging contracts to purchase the 74,000 sq. ft. Olympic Office Centre in Wembley from Schroder Real Estate Investment Trust Limited. Network’s investment will make a significant contribution to the transformation of the Wembley Stadium area. It is currently the main occupier of the Olympic Office Centre where it has its headquarters and employs over 400 staff. Network chief executive ...

Boris Johnson announces new private rent developments

16th September 2014

London Mayor Boris Johnson has selected preferred bidders for two sites to fast track the creation of more than 1,200 new homes, including 480 for long-term private rent. According to the mayor, the developments will use an "innovative covenant" to help relieve pressure on the capital’s housing market, accelerate development and raise standards of private renting. The Greater London Authority (GLA) marketed the two sites - Silvertown Way and Pontoon Dock - with the specific aim of deliverin...

Future Everton FC stadium at heart of new Liverpool neighbourhood

16th September 2014

Plans for Everton Football Club's future stadium are at the centre of proposals to develop a new, vibrant and sustainable neighbourhood in North Liverpool. The club and Liverpool City Council have today announced their intention to progress a "transformational regeneration opportunity" based at Walton Hall Park. Following an "exhaustive search" for suitable sites within the city, the council and the club will now work with public, private and voluntary sector partners, including social landlord ...

CIH: Cut HB bill by building homes and tackling low pay

16th September 2014

Shifting spending from housing benefit (HB) to housebuilding and tackling low pay and unemployment is the best way of lifting people out of poverty and cutting the HB bill, the Chartered Institute of Housing has said. According to the CIH's new report, short-term measures that cut the amount of benefits people can receive - such as the bedroom tax and the benefit cap - do nothing to tackle the causes of welfare dependency and are unlikely to have any significant impact in reversing it. Using 2013/14 prices, ...

Historic London Underground HQ to be redeveloped into housing

15th September 2014

Transport for London (TfL) has unveiled plans to turn the London Underground’s historic home into new housing – but without fulfilling the local borough’s commitment to provide 30% ‘affordable’ housing within new developments.  The plans propose to transform the iconic Grade 1 listed 55 Broadway building from “outdated” offices to a residential development with “adjoining affordable and social housing” and improved retail units.  The project is part ...

£18 million driving Old Trafford's latest transformation bid

15th September 2014

Plans for an £18 million regeneration project in the heart Old Trafford have been given the green light. Social landlord Trafford Housing Trust (THT) plans to transform the Shrewsbury Street area of Old Trafford with a community hub; a health, wellbeing and enterprise centre; and an 80-apartment extra care scheme. The development, which is being delivered jointly by Trafford Council and THT, will see over three acres of land transformed into "multi-purpose facilities". The extra care apartments a...

UK's housing shortage costing consumers £4 billion a year

8th September 2014

The UK's housing shortage has created above-inflation house price rises which are costing consumers £4 billion every year, a new report has revealed. The CBI's 'Housing Britain' report shows that the housing crisis is eating taking £3.2bn in housing-related costs and £770 million in transport-related costs out of the public's pocket - money it says could otherwise be saved or spent in the wider economy. The CBI says the situation is also holding back many young people from gett...

QPR Football Club launches consultation on new 40,000-seat-stadium-led regen

4th September 2014

Queens Park Rangers Football Club is to launch a consultation on its plans to regenerate hundreds of acres of brownfield land at Old Oak in west London, potentially paving the way for the creation of up to 24,000 new homes and 55,000 jobs. Over 50,000 newsletters will be delivered to homes and businesses across west London today, inviting people to come and see the initial plans and to have their say on what should be considered before developing them further. Last year, the London mayor, in partne...

Muir, HCA in deal to build 60 new affordable homes

3rd September 2014

Muir housing association will build 60 affordable homes in Cambridgeshire, Lincolnshire, Chester West and Warrington after successfully requesting a grant of £2.21 million from the Homes and Communities Agency. The bid was part of a larger consortium bid led by the Accent Group, which has received an allocation of £18.7m to build 748 new homes. Muir’s investment will see 37 new units being built in Huntington, Cambridgeshire and South Kesteven in Lincolnshire. There will be a ...