affordable homes

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Affordable homes

With more than 85 years’ experience, Sidey is in the top 10 of the UK’s biggest fenestration companies. With all round expertise in commercial, new build, trade and domestic windows, doors, glazing and offsite construction, Sidey works with Housing Associations around the UK to deliver affordable homes to rent and buy.

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Regeneration specialist Urban Union has been wholly acquired by Robertson Group, one of the largest family-owned construction, infrastructure and support services businesses in the UK.

Urban Union, established as a 50/50 joint venture in 2011 by Robertson Group and McTaggart Construction, was created in response to a substantial Town Centre Regeneration opportunity in Glasgow. Several similar opportunities followed, and Urban Union now delivers affordable and private housing in key regeneration areas across Scotland. It currently operates four developments – Laurieston Living and Pollokshaws Living in Glasgow, Pennywell Living in Edinburgh and Muirton Living in Perth.

The company is also working in partnership with Robertson and Queens Cross Housing Association delivering a 600-unit mixed tenure development at Hamiltonhill in Glasgow.

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affordable homes partnership - Nicholas Harris, Chief Executive at Stonewater

Social housing provider Stonewater has been named Legal & General Affordable Homes’ (“Legal & General”) largest management partner. Stonewater is supporting the organisation in delivering its ambitious development plan of building 3,000 homes by 2022, by leading on Legal & General’s housing operations across England.

The not-for-profit organisation is one of 14 housing organisations appointed as management partners to Legal & General. Stonewater is first expected to take over the management of 300 homes across England – in areas like Worcestershire, Warwickshire, Leicestershire, Hertfordshire and Central Bedfordshire  – between now and March 2020, with another 700 to follow.

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windows and doors

High specification windows and doors from AluK are at the heart of a recently completed residential development on Cardiff’s Bute East Dock which combines both new build apartments and affordable homes.

Schooner Wharf is the first open market scheme to be developed by Cardiff Community Housing Association (CCHA), who were working in partnership with main contractors Morganstone.

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An artist's impression of the housing association properties

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. 

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Housing association talks: Image l-r Aubrey Adams (Chairman of the Group Board, L&Q), Larry Gold (Acting Chief Executive, THT), David Montague (Group Chief Executive, L&Q), Edna Robinson (Chair, THT)

In a move which is being signalled as opening the gateway to the North, a London-based housing association is poised to acquire a Manchester profit-for-purpose organisation.

Housing associations L&Q and Trafford Housing Trust (THT) announced today that they are in talks which will see THT become a wholly-owned subsidiary of L&Q. It is anticipated that the acquisition will complete in June 2019, subject to due diligence, customer consultation and the development of a five-year business plan. 

The acquisition of THT by L&Q will build on a highly successful joint venture partnership that has already seen 679 housing starts with a further 1,493 in the pipeline since it was launched in April 2017. This new agreement will unlock a further £4 billion of investment in the North West by combining the capabilities and resources of the two housing associations to create 20,000 new homes and strong communities over the next 10 years. At least half of these homes will be affordable. 

 

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Chancellor Philip Hammond, who announced the Spring Statement

by Victoria Galligan, Housing Association Magazine editor

Chancellor Philip Hammond’s affordable housing guarantee scheme means that housing associations can borrow up to £3billion to deliver 30,000 new affordable homes in England.

This is not additional funding, but merely the OK for HAs to borrow more money.

And it is not enough to provide the number of social rent properties which are so desperately needed.

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