All Residential articles – Page 5
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News
Family Building Society calls for downsizing elderly to be exempt from stamp duty
The Family Building Society (FBS) has called for elderly people looking to downsize their properties to be exempt from stamp duty land tax, in a move to support first-time buyers and families onto the housing ladder.
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News
Luxury cinema Everyman takes space at The Brentford Project
Developer Ballymore has signed luxury cinema operator Everyman for The Brentford Project, its 1.2m sq ft riverside residential-led development in Brentford, West London.
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Online
I-RES urges investors to reject Vision Capital move to take effective control
Irish Residential Properties REIT (I-RES) has urged shareholders to reject all resolutions at an emergency general meeting (EGM) requestioned by activist shareholder Vision Capital.
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Insight
Pinnacle’s Claire Kober on tackling homelessness through private and public sector collaboration
For too many families, 2023 was the year they became homeless. For too many councils, 2023 was the year they declared bankruptcy. It is impossible to fix one of these problems without fixing the other, and the private housing sector has a vital role to play to increase the amount ...
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News
Untold Living submits plans for £70m Eastbourne later living scheme
Later living developer Untold Living has submitted an application to Eastbourne Borough Council for a 137-home seafront retirement scheme, with a GDV of £70m.
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News
Artisan Real Estate plans resi renovation of historic Edinburgh brewery
Regeneration specialist Artisan Real Estate has agreed undisclosed terms with Heineken UK to buy the 1.9-acre Caledonian Brewery in Shandon, Edinburgh.
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News
Housing provider operating margins drop 30% over five years
Housing provider operating margins have dropped 30% to 18.5% over the past five years, while the return of capital has fallen by a third to a median of 2.8%, according to Housemark’s new report.
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News
Patron and Curation JV acquires £15m 140-bed Birmingham PBSA scheme
Pan-European institutional investor Patron Capital on behalf of its joint venture with investment manager Curation Capital has acquired a 136-bed purpose-built student accommodation (PBSA) scheme in Birmingham.
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Insight
LRPM’s Letitia Randell on the importance of transparency in leasehold reforms
Imagine if you had paid an independent financial adviser only to find out they were being paid by others to push their products on you. You would be outraged at the conflict of interests. But this is what leaseholders are having to put up with every day.
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Online
Institutions set to boost investment in residential development, survey finds
Institutional investors are increasingly recognising their role in meeting UK housebuilding targets and plan to boost funding levels, research from investment manager Downing has found.
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News
Select Property secures £44.5m development finance from Close Brothers
Developer, operator and investment specialist Select Property has secured a £44.5m development finance facility from Close Brothers to bring forward its first Affinity Living build-to-rent development in Birmingham.
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Insight
Rapleys’ Jonathan Harper on the impact of the long-awaited NPPF
Alongside the National Planning Policy Framework’s (NPPF’s) release, housing secretary Michael Gove announced that there would be consequences for councils who did not progress local plans and issued a directive to seven authorities who had not submitted a plan for examination since 2004. Whether this will translate into more authorities ...
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News
Just one third of £4.2bn housing fund spent since 2017 launch
Only one third of the government’s £4.2bn Housing Infrastructure Fund has been spent to unlock the provision of new homes in England since its 2017 launch.
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News
Soho Estates reports revenue rise but drop in property values for 2022-23 financial year
Soho Estates’ revenue rose £7.6m to £37.1m in the year to 31 March 2023, compared to the previous year, but the value of its property portfolio fell by £15.6m, according to its latest results.
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News
House prices fell 1.8% in 2023 amid ‘weak’ market activity, with rapid rebound ‘unlikely’
UK house prices ended 2023 down 1.8% compared with December 2022, leaving them almost 4.5% below the all-time high recorded in late summer 2022, according to Nationwide’s house price index.
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Online
Orbit Homes’ Moore joins HBF board
Orbit Homes director Helen Moore is to join the board of the industry lobby group the Home Builders Federation (HBF).
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News
A2Dominion and Thames Valley Police submit plans for 1,000 new homes at Bicester
Housing association A2Dominion in a joint venture with Thames Valley Police has submitted a planning application for the delivery of 1,000 new homes at North West Bicester in Oxfordshire.
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Insight
Prosperity Group greenlit for 146-home development in Birmingham
Residential developer and investor Prosperity Group has secured planning permission for the delivery of 146 new apartments in Birmingham’s Southside.
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News
Mitheridge and Halcyon form JV to deliver 340-unit co-living scheme in London
Mitheridge Capital Management has completed the acquisition of a site comprising three warehouses in Hackney Wick, east London, to redevelop them into a 339-unit co-living scheme with a gross development value of more than £100m.
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Online
Midland Heart secures £200m of lending to modernise affordable homes portfolio
Midland Heart has secured a £200m funding deal to support its efforts to modernise its 35,000 affordable home portfolio.