Two housing associations have secured a £114.8m bond at a record low rate under the government’s guaranteed finance scheme.
Derwent Living will see its treasury affairs fully taken over by Places for People, after it joined the group following a regulatory downgrade for its finances.
The Scottish Government has announced the recipients of £1.65m of funding for homeless services and housing providers working with vulnerable people.
Places for People Group has completed its merger of Derwent Housing Association, making Derwent a subsidiary of the larger housing association.
Councils that were awarded the largest pots of funding from the government’s Shared Ownership and Affordable Homes Programme will spend the money largely on affordable rented homes in the supported housing sector.
The government has revealed the tenure breakdown of the homes that will be funded by part of its Shared Ownership and Affordable Homes Programme.
An East Midlands-based housing association has kept its A+ rating from Standard & Poor’s (S&P).
The government has opened the bidding process for its beefed-up affordable housing programme, with the majority of funding still expected to deliver homeownership products.
Civitas Social Housing, the pioneering Real Estate Investment Trust, has today announced the acquisition of a £15m portfolio of 17 supported living properties.
A county council is pushing ahead with plans to deliver 600 extra care homes as the pressures on adult social care eat into its budget.
Councils from Cornwall to Tyneside have won a share of a £25m pot to help people with learning disabilities live independently.
A housing association based in west London has had its high credit rating affirmed, meaning it becomes the joint best rated association in the country.
The Scottish Government will develop a rental income guarantee scheme to kick-start delivery of private rented sector homes “at scale”, it has revealed in its draft budget for 2017/18.
A private rented sector scheme in Wembley has become the latest recipient of bond money secured under the £3.5bn Private Rented Sector Housing Guarantee Scheme.
Ground-breaking social housing investor Civitas Social Housing PLC has today announced its first deal – the £65m purchase of a portfolio of supported living properties on leases of 25 years.
Consultancy the Housing Quality Network has published a long-awaited report, setting out alternative guidelines for housing associations involved in mergers.
Notting Hill Housing Trust is awaiting approval of a £200m loan from the European Investment Bank (EIB), to fund around 1,000 homes across a number of new build affordable rented projects.
Glasgow City Council has made the largest housing association in Scotland joint owner of the council’s building service department.
A newly merged housing association is to prioritise affordable housing as it scales up its development plans.
Dumfries & Galloway Housing Partnership (DGHP) is set to build 80 new affordable homes with a government-backed £5m, 10-year loan from a social investment charity.
Developer Essential Living has secured a £60m loan facility for what it believes is the UK’s first modular build-to-rent scheme.
Plans by the Scottish Government to weaken social housing regulation will be credit negative, the chair of the Scottish Housing Regulator has warned.
Legal & General has raised a further £170m from institutions for its build-to-rent fund, taking its total investment in this field to around £1bn.
Peabody and Family Mosaic’s merger plans were driven by a joint commitment to providing low-cost rental units, the designate chief executive of the new organisation has said.
Peabody and Family Mosaic housing associations have announced plans to merge to create a giant 55,000-home landlord.
A UK-based digital-only bank has become the latest mortgage lender to enter the shared ownership market.
L&Q is planning a return to the supported accommodation sector with a new subsidiary called L&Q Living, which will manage more than 6,600 homes.
As the long-awaited merger of L&Q and East Thames completes, Nick Johnstone sits down with the leaders of the newly expanded association to talk about the future
L&Q and East Thames have completed their mega-merger, alongside a £2.6bn refinancing deal with seven banks.
Investment of almost £13bn in 18 housing projects and programmes has been listed in the government’s £500bn infrastructure pipeline.
Housing association Stonewater has retained its A1 rating from credit ratings agency Moody’s.
Growing demand in the private rented sector has driven a 64% leap in pre-tax profit for residential landlord Grainger.
The government has announced a loan of £45m from its new Home Building Fund will go towards more than 2,000 private rental homes in Leeds, Birmingham and Manchester.
Affinity Sutton and Circle Housing Group have completed their long-awaited ‘mega-merger’, joining forces to become Clarion Housing Group, the UK’s largest housing association and one of its biggest house builders.
One of the UK’s largest social landlords has had its credit outlook moved to negative, due to increasing levels of open market sale.
L&Q and Affinity Sutton are both facing ratings downgrades as a result of their respective mergers with East Thames and Circle Housing Group.
The government’s £4.7bn Affordable Homes Programme could equally fund affordable housing, Rent to Buy and homeownership products, the chair of the Homes and Communities Agency revealed today.
Places for People Group has launched its third retail bond, which pays a fixed rate interest of 4.25% a year and is due to mature in 2023.
A flagship £100m Local Government Association scheme, designed to give smaller local authorities the opportunity to borrow collectively to build housing, has been wound down.
Greg Campbell offers the ‘lucky 13’ questions to help you plot a successful merger
Communities secretary Sajid Javid has revealed he is heading up a Whitehall housing taskforce, as he issued a stark warning to big builders that they must improve build-out rates.
Cambridgeshire and Peterborough have given the go-ahead to a devolution deal that will include a £170m affordable housing fund.
The £1.4bn of affordable homes cash is additional to the £4.7bn previously announced, with the restrictions limiting that funding to homeownership products lifted.
The housing industry has called on the government to reinstate the Affordable Housing Guarantee scheme in today’s Autumn Statement, after it was scrapped by former chancellor George Osborne last November.
The government will invest £1.4bn to deliver 40,000 new homes and relax restrictions on affordable housing funding, as part of the Autumn Statement today.
An Essex-based housing association has had its credit rating upheld by an agency, despite several recent downgrades.
A government guarantees programme for the private rented sector has issued its long-awaited £265m bond, with a coupon of 1.75%.
Civitas Social Housing Real Estate Investment Trust (REIT) has announced that it has raised £100m more than its planned fundraising of £250m, as it prepares to float on the London Stock Exchange on Friday.
Profits grew 10 times faster than housing completions among the top five house builders between 2010 and 2015, a new report has found.
Two large Southern housing associations have completed their merger to create a new 55,000-home landlord.
The long-awaited private rented sector (PRS) government-guaranteed bond is currently being roadshowed to investors ahead of a launch next week.
Sector experts are divided on the potential financial benefits of the inclusion of some housing associations in the Bank of England’s £10bn corporate bond-buying programme.
A West Midlands housing association has agreed a staggered sale of £35m of bonds to an institutional investor.
One of the largest housing associations in Northern Ireland has had its credit rating lowered to A from A+ by an agency.
A London housing association has raised £250m after completing a 12-year unsecured bond deal today.
A supported housing provider previously warned by the regulator it may no longer have a future as an independent business will merge with another landlord by the end of this month.
Birmingham City Council has signed a £55m deal with Hong Kong and Chinese investors to build new flats on a brownfield site in the city.
Sector figures have responded with caution to the launch of the UK’s first social housing REIT, expressing concerns that its sale-and-leaseback style strategy could tie associations into onerous long-term obligations to a listed company.
The government has launched a £20m fund to increase accommodation for victims of domestic violence.
Aberdeen City Council has issued a £370m bond to fund its capital and infrastructure programme.