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Golden opportunity?

28th July 2016

Once a polluted wasteland, the London 2012 Olympics transformed part of East London. Four years on, Chris Smith finds out what happened next. Four years ago, the nation was basking in the collective love-in that was the London 2012 Olympic and Paralympic Games. It now seems scarcely believable in the post-Brexit hang-over that was preceded by a London mayoral race dominated by claims of extremism and a Scottish referendum on leaving the UK. London itself is now a place few can afford to live in...

Council seals £4bn Brent Cross deal

21st July 2016

Major Brent Cross development scheme moves a step closer. An agreement has been signed and sealed for a multi-million pound Brent Cross Cricklewood scheme. The agreement between Barnet Council and its development partners, Argent Related and Hammerson and Standard Life Investments will provide thousands of new jobs and homes The scheme will create a new town centre, incorporating 7,500 homes, 27,000 jobs, three re-built schools, redevelopment of Brent Cross shopping centre, new parks and community...

Calls to amend rural housing policy

20th July 2016

Landowners call on government ministers to tackle the rural housing shortage.  The CLA (Country Land and Business Association) which represents landowners, farmers and rural businesses has written to new secretary of state Sajid Javid, and housing and planning minister Gavin Barwell, outlining how landowners already contribute to the supply of homes in rural areas and how they could do more with changes to government policy.  CLA president, Ross Murray, said: “We face an acute national ...

8,000 new homes for Southampton

20th July 2016

Southampton council has unveiled a blueprint for new houses in the city. Since 2011, more than 2,600 new homes have been built in the city, with planning permission granted for an extra 4,133. The city needs at least 865 homes to be built every year. But the city faces challenges such as a low number of owner occupiers in comparison to the national average (51% to 64%), and the number of private renters is set to rise with the average property price 6.2 times the average salary, rising to 10.2 t...

New homes to be built on underused council land

20th July 2016

Hackney Council has launched a programme to build around 400 new homes in a bid to tackle London’s housing crisis. The project will see areas such as council depots and largely empty garages on council estates across the borough transformed into around 400 modern, high-quality homes – with 70% for social rent and shared ownership. Under the Housing Supply Programme, the 11 sites set for redevelopment won’t see any existing homes demolished or loss of green space or playgrounds &...

Half a million homes 'thwarted' by government

18th July 2016

Government policies have undermined plans for housing.  A report published by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Chartered Institute of Housing (CIH), claims plans to build over 500,000 new homes have been thwarted by successive government policies. The report, 'Investing in council housing: The impact on HRA business plans', examines the 2012 'self-financing settlement' that put in place a robust long-term plan for council house building. The settlem...

Council house programme announced

18th July 2016

Milton Keynes is set to benefit from a council house build programme. £18.7m is to be invested to create affordable housing and help address the homelessness issue in the city. With funding from the council’s housing revenue account, and underwritten by council tax, Labour Cllr Nigel Long will approve three areas of investment in new homes: Area 1: Approve 7 sites for public consultation. These would deliver 76 new council houses. This will cost £12.5m Area 2: The purchase of 7 properties in Bo...

Affordable rural housing 'essential'

14th July 2016

Figures released by the National Housing Federation (NHF) show that that even the average ‘affordable’ property in parts of the North West would cost more than eight times the salary of local residents. That makes 104 new homes built across Cumbria an... interesting proposition.  The homes were built by Two Castles Housing Association where Rob Brittain, property services director, says: “The NHF figures highlight just how much the rising costs of homes could threaten our rur...

Developers wanted for one of the UK’s largest residential sites

12th July 2016

Councils are looking for developers for a potential 8,000-home site in South East of England. One of the largest residential-led development opportunities, Manydown, which covers an area of circa 843 hectares of greenfield land, could ultimately see the delivery of 8,000 homes over two local plan periods. An Official Journal of the European Union (OJEU) notice has marked a significant milestone for the major new UK property development and investment opportunity in the South East of England. The...

Housing associations look at merger alternative

11th July 2016

A new cost-sharing partnership hopes to offer better value for money. Byker Community Trust (BCT) and Isos Housing Group have created Isos Complete Support - a cost-sharing partnership aimed at delivering high quality services and better value for money for the residents of the iconic Byker Wall Estate. The Cost Sharing Vehicle (CSV) partnership will see Isos delivering grounds maintenance, environmental services, repairs and maintenance, income management, sheltered housing and other business s...