Thursday, 24 May 2012

Interest cut to deliver £100m boost for housing

18 September 2011 | By Alex Wellman

Councils leaving the housing revenue account subsidy system are to receive a £100 million a year boost due to a cut in interest rates.

SIGN IN TO ACCESS THIS CONTENT

You've reached your monthly limit for unrestricted access to Inside Housing content. To get free unrestricted access simply sign in below, or register your details.

Sign In

If you are already registered sign in for unrestricted access to alll the content on the site.

Related

Articles

  • House building to benefit from £500m fund

    7 November 2011

    Details of a £500 million fund designed to support infrastructure projects to jumpstart economic growth at a local level have been revealed.

  • Government tries to calm fears over borrowing

    14 December 2011

    Danny Alexander, chief secretary to the Treasury, has moved to allay fears that councils will be slaves to the money markets when they borrow to meet the extra debt burden forced on them through self financing reforms.

  • Councils demand risk-free borrowing

    03/02/2012

    Councils are holding detailed talks with the Treasury in a bid to prevent them falling foul of movements in the money markets when they raid government coffers for loans next month.

  • Councils use new-found freedom to borrow £13bn

    30/03/2012

    English councils took advantage of historically low interest rates to borrow almost £13 billion of public cash as the self-financing revolution went live this week.

  • Landlords look to Osborne to boost investment

    16/03/2012

    Housing associations and councils have called on chancellor George Osborne to help them access more private sector investment as part of next week’s Budget.

Resources

  • A force for good

    2 April 2012

    Council housing self financing has begun, but what will the new era bring? Steve Partridge examines the possibilities

  • Bank on a big change

    16/03/2012

    Housing revenue account reform means for the first time councils can decide how much to borrow, but they must be on the ball if they are to get the best deal, says Rachel Terry

  • Stuck in the mud

    16/12/2011

    Despite the Localism Act being passed, the role LEPs can play in housing remains uncertain, says Liz Jenkins, partner, and Laura Coates, trainee, at Clyde & Co

  • How to...

    04/11/2011

    Social landlords can play a big role in improving the energy efficiency of the nation’s homes. But they must lobby hard to ensure ministers understand that they will need support to do so, says Martin Wheatley

  • Ready for lift off

    11 January 2012

    House builders must be ready to react if government initiatives deliver a boost to the sector, says property expert Rebecca Kibby

Latest Jobs

  • Commercial Manager

    A Brand New Repair and Maintenance Business needs a dynamic leader

    Closing: 2012-05-25 00:00:00

  • Asset Investment Manager

    Do you want to be part of the winning team?

    £60,000

    Closing: 2012-05-28 00:00:00

  • Clerk of Works

    Lewisham Homes is a fast paced social housing organisation that has made significant improvements to services. Over the last four ...

    £32,532 – £35,055

    Closing: 2012-05-24 00:00:00

  • Managing Director

    A Brand New Repair and Maintenance Business needs a dynamic leader

    Closing: 2012-05-25 00:00:00

  • Repairs Manager

    Welwyn Hatfield Community Housing Trust launched in April 2010, with the driving aim to enable tenants and residents to have ...

    £30,961 - £33,579

    Closing: 2012-06-01 00:00:00

Most popular

Most commented

Most emailed