today-is-a-good-day

Affordable Housing News

The latest affordable housing news from PBC Today and the UK construction sector.

Average UK house prices rose by +1.1% in December 2023, according to the Halifax House Price Index, with the typical home now costing £287,105.

Average UK house prices trend upwards for third month in a row

Average UK house prices rose by +1.1% in December 2023, according to the Halifax House Price Index, with the typical home now costing £287,105.
Build-to-Rent

Build-to-rent grows across the country as London stalls

Despite challenging economic conditions, the build-to-rent sector has shown consistent growth over the past year.
NHBC figures show that new home registrations fell by 53% in Q3 2023, as continuing challenging economic conditions stifle progress

New home registrations drop to lowest levels since COVID, according to NHBC

NHBC figures show that new home registrations fell by 53% in Q3 2023, as continuing challenging economic conditions stifle progress.
UK housing - affordable rent

New homes available for affordable rent is on the rise, according to new data

Throughout this year, the number of homes available for affordable rent has grown significantly, contributing around 26,000 new homes to the sector.
co-living - flatmates in their home

Is co-living the answer to the UK’s housing crisis?

A report by the British Property Federation (BPF) has investigated the increasing popularity of co-living.
England has the lowest number of houses available int he developed world, and the highest rate of inadequate housing in Europe at 15%. Bay window of an abandoned terrace house in London

English housing is worst in Europe, report finds

England has the lowest number of houses available in the developed world, and the highest rate of inadequate housing in Europe at 15%.
Housing development

Redrow plans 90-hectare housing development between Rochdale and Middleton

Redrow has applied to build a new housing development, community amenities, and landscaping across nearly 90 hectares of land between Rochdale and Middleton.
In an effort to tempt cautious buyers, house prices are being cut by an average of 6.2%, or £22,700 adjusted nationally

House prices are being cut at fastest rate in 10 years

House prices are being cut at the fastest rate in over a decade, as Rightmove reports that 36.3% of properties currently for sale have reduced prices in an effort to tempt buyers.
High angle view of architect, electrician and builders wearing work helmets and reflective vest standing on concrete floor, discussing over blueprint, representing the planning sector

Planning skills shortage: How can the planning sector attract new diverse talent?

A staggering 43% drop in Local Authority net expenditure on planning services from 2009 to 2020 has left the planning system in a dire state. Andrew Close, director of education and profession, RTPI, explores how the planning sector can attract new diverse talent.
housing crisis funding

Housing association CEO calls out Gove after housing crisis funding was unspent

Manningham Housing Association's CEO has written to Michael Gove after it emerged that almost £2bn in housing crisis funding wasn't spent.
housing under construction - affordable housing scheme

Tuntum unveils £4.7m affordable housing scheme in Nottingham 

Nottingham residents, VIP guests, and project partners gathered to celebrate the launch of a new affordable housing scheme in the city.
Entrance hall and empty floor tile, interior space, representing potential space for geniuinely affordable housing

Empty buildings have ‘significant potential’ as genuinely affordable housing, say MPs

Two all-party groups of MPs have called on the government to act on creating genuinely affordable housing, as 14% of retail unit space and 7% of office space sit vacant.
SME housebuilders wrote the letter to Prime minister Rishi Sunak, pictured

200 SME firms slam “devasting” anti-development policies in letter to prime minister 

"Prime Minister, your government’s current and proposed policies are devastating our industry" said 200 SME housebuilders in the letter.
aerial view of housing in the UK - council housebuilding

LGA chairman calls for new council housebuilding approach to tackle crisis

The outgoing Chairman of the Local Government Association (LGA) emphasised the need to grant each area in England a new local council housebuilding deal by 2025.
Affordable housing under construction - Affordable Housing Programme

The Affordable Housing Programme will now fund replacement homes in England

Homes England has revealed that funding available from the government's Affordable Homes Programme can now be used to finance replacement homes.
Aerial view looking down on new build housing construction site in England, UK

Stakeholders call on government to abandon planning reform

Councils, housebuilders, housing associations, charities and planners have written a letter to the government to scrap a key part of its flagship planning reform.
Aerial view of Digbeth - residential scheme

Sama Investments unveil new flagship residential scheme in Digbeth

The Birmingham-based residential developer, Sama Investments, has submitted plans for a new flagship residential scheme on a brownfield site in Bordesley Green.
new build houses under construction - rental development

Premier Guarantee partners with Caddick Construction for £35m Bolton rental development

Premier Guarantee has been selected by Caddick Construction to offer warranty inspection services and coverage for a new £35m private rental development in Bolton
Cottage style houses hover in mid air in black background. Real estate business, home loan concept. 3D rendering illustration, to represent falling annual house price growth

Annual house price growth regresses in May according to Nationwide HPI

Nationwide's House Price Index for May shows annual house price growth slipping back to -3.4% after April's -2.7% bump.
Robin Hood Gardens demolition

UoM reveals profit motives behind council estate demolition

According to new research from The University of Manchester, council estate demolition is driven by profit rather than the need to provide affordable housing.
Birmingham, Uk - May 24, 2022. An aerial view of Victoria Square and the ancient architecture of The Council House and Town Hall in a Birmingham cityscape skyline

West Midlands Investment Prospectus unveils £20bn investment opportunity

Over £20bn in investment has been revealed under the West Midlands Investment Prospectus 2023, which showcases investable opportunities across the region.
Working on foundation site- Affordable bungalows

RE:GEN takes on housing crisis with affordable bungalow construction

RE:GEN Group, a Durham-based housing association, is embarking on a new venture by constructing a collection of contemporary and affordable bungalows.
Build Warranty explores possible solutions to the housing affordability crisis facing first time buyers in the UK- and how structural warranties can help

The UK housing affordability crisis: challenges for first-time buyers and solutions to address them...

Build Warranty explores possible solutions to the housing affordability crisis facing first time buyers in the UK- and how structural warranties can help.
CGI image of women's only tower block - Brook House

UK’s first women’s-only tower block secures planning permission

Ealing Council has granted planning permission for a 15 storey women's-only tower block, the first of its kind in the UK.
Social housing - social housing tenants

Government launch ‘watchdog’ style programme for social housing tenants

Social housing tenants will be encouraged to speak out against their landlords as part of a new government-funded training scheme launching today.
The average UK house price comes in at just under £300,000, but why do property prices in the UK vary so severely?

Why property prices and demand vary across different regions of the UK

The average UK house price comes in at just under £300,000, but why do property prices in the UK vary so severely?

Featured Planning News