Daily News: 14/02/2025
Great Places Housing reported a £25.2m surplus before tax for the nine months to December 2024, exceeding budget and meeting all financial covenants. Research Tree
Incommunities has secured an additional £50m in funding from NatWest, increasing its total funding package to £110m. Insider Media
Renfrewshire social housing has recorded over 17,000 damp and mould complaints, with data obtained from 22 of 32 Scottish local authorities, though Glasgow City Council and others do not track such cases. At the same time, North Lanarkshire Council has approved an expansion of its council housing supply programme, aiming to deliver 6,000 new homes by 2035. Glasgow Live, North Lanarkshire Council
Graham has secured a £100m contract from Latimer, the development arm of Clarion Housing Group, to build the first phase of the Dyecoats development in Leeds. Meanwhile, West Midlands Mayor Richard Parker has announced investment to convert a landmark Wolverhampton building into new social housing as part of efforts to tackle the region’s housing crisis. The Construction Index, West Midlands Combined Authority (WMCA)
Cala Group has launched a new division, Cala Southern, as part of its growth strategy in the South of England. Construction Wave
Construction labour rates have risen by 8.6% over the past year, with self-employed tradespeople earning an average of £985 per week in January 2025, up from £907 in January 2024. The Construction Index
UK Res Dev Land Index – Q4 2024: 40% believe housebuilding capacity in England is limited to 200,000 homes this year. In contrast, Residential Development Land – Q4 2024: The development land market sees cautious positivity with a stronger appetite for greenfield land, while urban land values face downward pressure. Knight Frank, Savills
Bargate Homes has secured planning permission for up to 155 energy-efficient homes in Hampshire from New Forest District Council. Developers have unveiled plans for 375 homes on fields north of Totton. The council is set to pass a revised plan for 344 homes without a planning committee review after the initial rejection. Oldham Council has voted to withdraw from the Places for Everyone scheme, which aimed to deliver over 10,000 homes, citing concerns over greenbelt development. Show House, Daily Echo, Essex Live, and BBC