UKGBC slams government over Green Homes Grant
UKGBC has slammed the Treasury for failing to give clarity on the fate of the £2bn Green Homes Grant scheme in the budget unveiled on Wednesday.
ScottishPower submits plans to turn former oil-fired power station into 650 homes
ScottishPower has submitted a planning application to turn its former oil-fired power station in Iverclyde, Scotland into 650 homes.
Persimmon returns to pre-Covid build levels and commits to 2019 dividend level
Housebuilding giant Persimmon saw profit drop by a quarter last year as the pandemic affected the number of new houses it could build.
UK’s ‘first LGBT+ retirement community’ to open this year
In a UK first, Tonic Housing is opening an LGBT+ retirement community in Lambeth, south London, later this year.
Student accommodation letting activity down 5%
Student accommodation lettings for the 2021-2022 academic year are down by 5% year on year, according to StuRents.
Précis Capital launches resi fund targeting £1bn annual investment
Lending platform Précis Capital Partners has launched a multi-billion pound residential development fund backed by TowerBrook Capital Partners.
Taylor Wimpey sets aside £125m for recladding as dividend is reinstated
Taylor Wimpey has set aside £125m to cover fire safety repairs to apartment blocks in the wake of the Grenfell Tower inquiry.
BCLP advises KKR on £291m PBSA sale to Greystar
Law firm BCLP has advised investment firm KKR on a £291m sale of student accommodation assets to Greystar.
Budget 2021: What to watch out for
Chancellor Rishi Sunak is set to deliver the most important budget of the decade as the Covid-19 pandemic continues to tear a hole in the UK’s finances. We’ve highlighted the things to watch out for.
Riverstone appoints wellbeing director
Luxury retirement living developer Riverstone has appointed Dr Zoe Wyrko as wellbeing director and created a wellbeing specialist group.
Gleeson Homes’ 237 resi scheme in Lincolnshire greenlit
Gleeson Homes has been granted planning permission to build 237 new homes in Louth, Lincolnshire.
Weston Homes launches £144m of sales
Housebuilder Weston Homes has launched the sale of three developments across the South East, which have a combined total gross development (GDV) of £144m.
Curlew Capital granted permission for Stratford student digs
Curlew Capital has been granted planning permission to develop a 282-room purpose-built student accommodation (PBSA) development in east London.
Stamp duty holiday to be extended to June
The stamp duty holiday could be extended by three months as part of the chancellor’s budget next week.
Mace sells PBSA portfolio for £157.5m
The development arm of construction company Mace has sold part of its student accommodation portfolio to Ares Generation for £157.5m.
Housemates launches Marketplace API
Housemates, a PBSA booking website, has launched the Marketplace API, which will allow external organisations to pull data from the platform.
LSL agrees new bank lending to fund potential financial services deals
Estate agency group LSL agreed a new £90m banking facility that it said will enable the company “to take advantage of a number of attractive opportunities”, particularly in financial services.
Top Labour MPs accuse government of ‘recycling’ green homes cash for cladding removal
Senior Labour MPs have accused the government of “recycling money” by announcing it would scrap the £2bn green homes grant on the same day it announced a £3.5bn fund for cladding removal.
UK residential transactions soar amid stamp duty holiday
The number of UK residential transactions was up 24.1% in January 2021 compared to January 2020, according to new data.
Sheffield tower set to receive green light for extra floors
Hallam Towers in Sheffield is expected to receive planning permission to add an additional two floors to the 15-storey tower.