Contractor Kier and housing association Cross Keys have announced a joint venture in the east of England.
Heylo Housing has bought a for-profit registered provider into its group as it looks to accelerate supply and attract £1bn of institutional investment into shared ownership by 2020.
Investor Legal & General has announced its plan for a 170 build to rent homes in Bath after buying a site for £47.5m in the city.
The largest Scottish registered social landlords saw reserves rise £11.8m as surpluses increased by £112.2m solely as a result of accounting changes.
Housing minister Gavin Barwell has given his backing to a housing association efficiency ‘scorecard’ that aims to help the sector compare performance while driving value for money.
Regulation & Governance
Some providers are still making the errors that almost drove Cosmopolitan into insolvency, the housing regulator has said.
The Homes and Community Agency has upgraded the ratings of Christian Action (Enfield) and Magna Housing Group.
Catalyst Housing has conducted an internal probe to tackle misconduct in its sales and marketing department which had triggered a downgrade of the association’s governance rating.
Lenders with more than £60bn invested in housing associations have backed plans to remove social housing regulation from the Homes and Communities Agency (HCA).
Welsh government says investment will support new affordable housing supply
Places for People has become the first housing association to enter the fund management business.
Housing Minister Gavin Barwell has said housing associations may need to flex the tenure types they deliver depending on how the economy is performing.
Housing minister Gavin Barwell has acknowledged that there is a ‘price to pay’ in terms of housing delivery from the UK government’s policy to cut social and affordable rents.
Housing minister Gavin Barwell has pledged to deliver certainty over future rent policy ‘as quickly as possible’, in what marks the latest sign that the UK government sees housing associations and their investors as part of the solution to the country’s housing crisis.