Social and commercial landlords across the UK are missing out on tens, if not hundreds of millions of pounds worth of funds that are available to them through the Energy Company Obligation 3 (ECO3) fund which ends in April 2022.
ECO3 is the government energy efficiency scheme that was launched to help reduce carbon emissions and tackle fuel poverty. Under ECO medium and larger energy suppliers fund the installation of energy efficiency measures in British households as part of an agreed commitment.
Aico were honoured to receive Her Royal Highness Princess Anne to their headquarters on Friday 8th October, in recognition of their impact as a prominent business in Shropshire.
Her Royal Highness The Princess Royal arrived at Aico headquarters in Oswestry, Shropshire and was met by Aico’s Managing Director Neal Hooper, alongside local dignitaries Mandy Thorn, Deputy Lieutenant of Shropshire, Councillor Vince Hunt, Chairman of Shropshire Council, Owen Paterson, North Shropshire MP, Councillor Mark Jones, Mayor of Oswestry and Ruth Jones, Mayoress of Oswestry.
Wates Residential has extended its partnership with the housing association Orbit after being appointed to help deliver a £9.4 million project for new homes in the London Borough of Bexley. The national developer is working with Orbit to build the West Street redevelopment in Erith, south east London.
The proposed scheme will see vacant buildings including a former car parts warehouse replaced with a contemporary low-rise design including seven homes for London Affordable Rent, 14 homes for London Living Rent and 21 homes for Shared Ownership sale. The plans also include a car park with electric charging points and large community garden.
More than 150,000 of the most affordable rented homes have been lost across England in just five years, according to analysis from the Chartered Institute of Housing (CIH).
The organisation is predicting that loss will reach 230,000 by 2020 – making it increasingly difficult for people on lower incomes to access a decent home at a price they can afford.
CIH argues that ministers must focus on affordability as well as building more homes to fix the country’s broken housing market. The government should take an urgent look at shifting funding from the private market towards genuinely affordable housing, said chief executive Terrie Alafat CBE.