Biggest HA sees surplus grow to £306m

Clarion has boosted its operating surplus by six per cent from £289m to £306m for the financial year 2017/18, while its operating costs fell from £495m to £478m. The association, which already owns 125,000 homes, built 1,263 homes in the... View Article

Durkan appointed for first phase of Thamesmead regen

A London housing association has appointed a contractor to deliver one of the first phases of its work on the giant Thamesmead regeneration project in the south east of the capital. Peabody has named Durkan as the contractor for the... View Article

Contractor blames Grenfell for drop in profits

The Mears Group has blamed delays to work orders following the Grenfell Tower tragedy as a major factor in its profits falling by almost eight per cent over the past year. The contractor carries out repairs and maintenance work for... View Article

Private rents falling for first time in six years

Private sector rents across the UK fell for the first time since 2012 during the first quarter of 2018 although the rate of decline was less than one per cent, The Deposit Protection Service has revealed. In the latest version... View Article

Contractor enjoys run of success

Housing contractor Wates has enjoyed a successful start to the year with a series of positive outcomes across its repair and maintenance, regeneration and new build business areas. Wates Group’s results for 2017 showed a 5.9 per cent increase in... View Article

Housing association mergers continue apace

Mergers in the social housing sector continued with several completed deals being announced in different parts of the country, as the drive for efficiency savings and bigger volumes to deliver new development work persists. In East Anglia, Cambridge based King... View Article

Does GREEN have to cost more?

Given two choices, would a product’s ‘green credentials’ sway a buying decision? For several years, the influencing factor on the consumer has been cost. However, clients, particularly those working to 30-year asset plans, now need to consider other aspects. Is... View Article

Council seeks to limit number of student houses in city

Liverpool City Council has told landlords to stop converting family homes into student accommodation in part of the city, unless they obtain specific permission to do so after complaints from residents about anti-social behaviour. The council’s cabinet has approved plans... View Article