21st November saw the Government release their Affordable Housing Plan – a set of measures designed to tackle Britain’s problems of undersupply and overpricing in the housing market – but has it gone far enough?
Read up on the housing plan and critical reaction here.
There is a serious under supply of housing in the West Midlands where housebuilding has fallen by 50 per cent in recent years. But despite a difficult economic backdrop, several partnerships in the region are pushing ahead with major developments to meet the growing demand.
Between 2008 and 2033, the number of households across the West Midlands is projected to grow from 2.24 million to 2.7 million. That equates to annual growth of around 18,000 households or a total expansion of 20 per cent.
It is one of only two regions, the other being the North East, where annual household growth is expected to average less than 20,000 between 2008 and 2033.
Read more about this story here. To find a surveyor in the West Midlands, click the link at the top.
plymouthbuildingsurveyors.co.uk – A new development in the Sherford valley has received the go ahead after years of protests and planning struggles.
The plans to build 5,500 homes on the east side of Plymouth come from developer Redwood and have now been approved by the South Hams District Council. All is not lost for protestors, however, as the planning submission must still be approved by plymouth City Council.
Read more here. For surveys in the Plymouth area, click on the link above.
Inside Housing is offering the chance to win £100 in Marks & Spencer vouchers in exchange for your views on the riots.
Shortly after the riots swept England in August, Inside Housing, the Chartered Institute of Housing and the National Housing Federation launched ‘The Riot Report’ to find out what steps can be taken to help prevent a repeat of the violence. Now they want to know what housing professionals, who work for social landlords operating in areas that experienced riots, think caused the disturbances. What would they like their organisations to do to address the underlying problems?
Have your say here.
A London council is considering rehoming people in Yorkshire following a surge of people in emergency accommodation.
Croydon Council in south London, has seen the number of families it houses in emergency bed and breakfast accommodation rise from 61 families in 2008 to 300.
Caps to local housing allowance, benefit paid to private rented sector tenants, and job losses due to the financial crisis are thought to be behind the increase.
The council is now looking at housing people in other parts of the country where rents are cheaper and there are more homes available. The authority insists it will not attempt to move people to other areas without their consent.
Dudley Mead, cabinet member for housing, finance and asset management, said: ‘We don’t seem to be able to raise the supply of temporary accommodation. I told officers to look outside Croydon to find housing, we will take it from wherever we can.
‘At the moment we are talking about the north and some of the Yorkshire towns.’
More news stories can be found on our article archive here
Source: Inside Housing
Further to the £100m made available to combat the empty homes issue in October 2010, the Government included in its recent Housing Strategy an extra £50m of additional financial support.
Read more here.
pontypriddsurveyors.co.uk – Areas like Pontypridd, caerphilly, Cardiff and Barry will all see increased investment in new homes construction, revealed by a new report from Community Housing Cymru. It says Housing Associations spent £802m in 2010/2011, up 16% from 2009/2010 and employed 6,300 people directly.
Read the full article here.
If you are thinking of buying a new property in Wales, think about getting a professional to look it over and give you the peace of mind you need to plan for the future. Keith Batten FRICS has lived in South Wales all his life and is a Chartered Surveyors providing building surveys in Wales. Call now on 0800 880 6264
In the new Unlocking Growth in UK Construction report, complied by industry leaders and representative bodies across the UK, it is argued that stimulating growth in the construction sector will help solve the wider economic problems facing the UK. The group has compiled a six point focus plan which may help steer the Government’s future policy making.
To read the rest of this article, just click here.
The Tenant Services Authority has launched its consultation about the new regulatory framework. The consultation runs until 10 February 2012, and the new framework is expected to take effect on 1 April 2012. The new framework takes account of the new investment arrangements, ministerial directions to the regulator, and the Localism Act 2011.
Find out more on the National Housing Federation’s website here.
A group of MPs was yesterday informed by the British Property Federation that the only way to solve the UK’s housing crisis is to encourage institutional investors into the market.
Read more about this potential solution here.