Affordable Housing News
The latest affordable housing news from PBC Today and the UK construction sector.
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 grows across the country as London stalls
Despite challenging economic conditions, the build-to-rent sector has shown consistent growth over the past year.
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.
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.
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.
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%.
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.
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.
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 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.
Tuntum unveils £4.7m affordable housing scheme in NottinghamÂ
Nottingham residents, VIP guests, and project partners gathered to celebrate the launch of a new affordable housing scheme in the city.
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.
200 SME firms slam “devasting” anti-development policies in letter to prime ministerÂ
"Prime Minister, your government’s current and proposed policies are devastating our industry" said 200 SME housebuilders in the letter.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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?