£700m committed to 6,600 new homes in build-to-rent boost
- 02 Dec
£700m has been committed so that new homes can be built to boost the build-to-rent scheme.
To boost build-to-rent properties Shariah investment bank Gatehouse has committed £700m to Sigma Capital Group's private rented homes development across the North West to deliver 6,600 new homes.
The scheme has been welcomed by the British Property Federation as another step in ensuring the UK's housing stock is able to meet demand in the coming years, reports 24dash.
Ian Fletcher, BPF's director of policy, said: "This £700m investment is a hugely welcome development, and illustrates that build-to-rent projects, as long as they receive local backing, are workable outside London and the South East. Crucially for these developments, Liverpool and Salford City Councils have provided support in order to allow the schemes to go ahead.
"Furthermore this announcement is a fitting backdrop to today's launch of the RIO. Hopefully this project will signal only the first of many such investments as the government continues to market essential foreign investment opportunities in UK housing."
What do you think of this? Tweet us your comments @suppsolutions
Image source: http://www.sxc.hu/photo/1328867
- 10 Mar
THE STATUS OF THE SOCIAL CARE SECTOR REQUIRES IMPROVEMENTs
It was also found that the social care sector has the following characteristics:Social care seems like an adjunct to the NHS instead of being an important service in its own right. While the...
- 29 Apr
Scottish Welfare Fund grants see a 13% rise in applications
Data from the Scottish Government has shown that the number of applications to councils under the Scottish Welfare Fund has increased by 13% in just the last year, reports The Courier.Over the most...
- 16 Jan
Local welfare assistance funds held back by councils
The Centre for Responsible Credit using Freedom of Information requests carried out a study which found that 127 local authorities spent 52.8% of their £148.5m sharing of the local welfare...
- 13 Jan
Landlord scheme has saved the NHS thousands of pounds
The groups - Oldham Council, Oldham Clinical Commissioning Group (CCG) and Oldham Housing Investment Partnership - consist of 10 social landlords who co-invested in the ‘Warm Homes Oldham'...
- 05 Jan
Calls for NHS funding
Stevens also called for an end to the ‘boom-bust' approach. Stevens told the Financial Times he hoped for more annual funding in addition to the £2bn lifeline that the Chancellor, George Osborne,...
- 30 Dec
New Fundraising Campaign Launched by Hospital Charity
The campaign encourages its supporters to partake in its ‘Every £1 Counts' fundraiser by making a donation and sharing a ‘pound selfie' on Facebook and Twitter throughout January.The charity are...
- 08 Dec
Home care sector facing crisis due to workers’ wages
A study by contractor Mears and the Local Government Information Unit have reported that councils should ensure they pay providers to enable them to pay ‘at least' minimum wage salaries.Liberal...
- 06 Oct
Supported housing service for women and their children has received funding for community garden
Endeavour Housing Associaiton's Rainham House temporary accommodation service has been awarded funding for their Roots and Shoots garden project. Working in partnership with community allotment...
- 03 Oct
Social landlords urged to make do without grants
Speaking to Inside Housing at the Conservative Party conference this week, Mr Lewis said: "If housing associations want to survive without government funding, that's a good thing."He said it would...
- 02 Oct
Supporting People budget cut by £10m by the Welsh government
A draft budget shows the government announcing plans to cut the budget for Supporting People from £134.4m in 2014/15 to £124.4m in 2015/16 which is a drop of 7.4%, reports Inside Housing.Despite...
Responding to the DWP Consultation: Housing Benefit Reform - Supported Housing "Found the seminar very informative and gave an interesting and full insight into current thinking about the consultation. Michael was a very engaging and knowledgeable presenter and encouraged interaction with the audience which led to further relevant points being shared with the room. I shall certinaly look out for future events!" M.E. - Care Housing Association