Affordable Housing in London – Progress Report

Today, the London Assembly Housing Committee has published its annual ‘Affordable Housing Monitor’. The report this year tracks how the Mayor is delivering affordable homes in London despite the challenges of the pandemic. Key data in the report include: London needs 66,000 new homes each year [1]. 43,000 of those need to be affordable. However, a new London […]

Principle Wins Contract to Look after London New-Build Schemes

A major national freeholder has appointed Principle Estate Management to look after three separate new-build schemes it has acquired in London. The developments include eight apartments at Mallory House in Sutton, nine apartments at 50 Croham Road in Croydon, and another nine apartments at 20 St Andrews Court in Earlsfield. Principle has been instructed to […]

St Arthur Homes adds Hampshire Site

Affordable housing provider St Arthur Homes has acquired its largest number of private units on one site to date, for Shared Ownership between Southampton and Portsmouth in a deal in excess of £25M with The Vistry Group. The purchase of 95 affordable homes at the Whiteley Meadows development in Winchester, comes as part of St Arthur Homes’ focused expansion programme, as it aims to deliver at least 2,000 new homes over five years. The first phase […]

Government Unveils £65m Support Package for Vulnerable Renters

Vulnerable renters struggling due to the impact of the pandemic will be helped by a £65 million support package announced by the Department for Levelling Up, Housing and Communities. The funding will be given to councils in England to support low-income earners in rent arrears – helping to prevent homelessness and support families get back […]

McCarthy Stone’s Plans Approved for Retirement village in Dorset

McCarthy Stone has had its proposals for a new, fully integrated, urban retirement village in Wimborne approved by Dorset County Council. McCarthy Stone’s £41 million development will deliver a sensitively designed scheme of 67 high-quality one-and two-bedroom Extra Care apartments, 32 Extra Care bungalows and two-storey chalets in a range of tenure options as well as nine open market houses, set in spacious and beautifully landscaped surroundings to create an attractive, supportive, and vibrant retirement community. The needs of […]