{"id":7502,"date":"2025-03-28T12:36:25","date_gmt":"2025-03-28T12:36:25","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=7502"},"modified":"2025-03-28T12:36:25","modified_gmt":"2025-03-28T12:36:25","slug":"friday-28-03-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/friday-28-03-2025-news\/","title":{"rendered":"Friday: 28\/03\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 28\/03\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">Shepherds Bush Housing Group has fully merged with The Guinness Partnership, transferring its stock and assets to the \u00a3460m-turnover provider. As a result, the 5,000-home association ceases to exist following the completion of the merger. <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/shepherds-bush-folded-fully-into-guinness-as-full-merger-completes\/5135253.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bromford Flagship has secured its first private placement since the merger, raising \u00a375m to support development and investment plans. Similarly, S&amp;P Global Ratings revised its outlook on Thrive Homes to negative over investment concerns but kept its &#8216;A+&#8217; credit rating. <\/span><a href=\"https:\/\/www.bromford-flagship.co.uk\/news\/article\/bromford-flagship-secures-first-private-placement-post-merger-raising-75m\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Bromford Flagship Ltd<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/disclosure.spglobal.com\/ratings\/en\/regulatory\/article\/-\/view\/type\/HTML\/id\/3342814\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">S&amp;P Global<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Savills IM\u2019s Simply Affordable Homes Fund has acquired 94 affordable homes in Bicester, Oxfordshire, via its for-profit RP, Simply Affordable Homes RP Ltd. <\/span><a href=\"https:\/\/www.savillsim.com\/2025\/savills-im-s-simply-affordable-homes-fund-completes-second-acquisition.aspx\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Savills Investment Management<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Homes England, Greater Manchester, and West Yorkshire Pension Funds have provided \u00a396.7m in funding to Barings for a major residential development near Leeds city centre, while Plymouth City Council and Homes England have launched a new City Centre Vision aiming to deliver up to 10,000 new homes over the next decade. <\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/homes-england-greater-manchester-and-west-yorkshire-pension-funds-provide-967-million-for-leeds-residential-scheme\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GOV.UK<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.plymouth.gov.uk\/news\/plymouth-city-council-and-homes-england-launch-new-city-centre-vision\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Plymouth City Council<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Vistry Group has secured a \u00a3270m contract with Milton Keynes City Council for a 930-home development at Tickford Fields, spanning 45 hectares with 31% for affordable housing. Elsewhere, HG Construction will lead a \u00a3135m student accommodation project in Stratford. Additionally, a Muswell Hill council housing retrofit will upgrade 200 homes, starting in May. <\/span><a href=\"https:\/\/www.vistrygroup.co.uk\/media-centre\/press-releases\/vistry-group-exchanges-contracts-milton-keynes-city-council-930-home\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Vistry Group Plc<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.theconstructionindex.co.uk\/news\/view\/hg-appointed-to-stratford-pbsa-scheme\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Construction Index<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/haringeycommunitypress.co.uk\/2025\/03\/27\/go-ahead-of-council-housing-retrofit-schemes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Haringey Community Press<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">New research estimates that the cost of retrofitting UK homes to meet 2030 energy efficiency targets could reach \u00a3118bn. In addition, the latest Boiler Upgrade Scheme statistics provide insights into capital grant uptake for installing low-carbon technologies in domestic and non-domestic buildings. <\/span><a href=\"https:\/\/www.theconstructionindex.co.uk\/news\/view\/uk-housing-retrofit-bill-could-hit-118bn\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Construction Index<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.gov.uk\/government\/statistics\/boiler-upgrade-scheme-statistics-february-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GOV.UK<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Scottish contractors have condemned the government\u2019s scrapping of green heating pledges, warning it harms confidence in net-zero plans. Select called it a major setback for sustainability efforts. <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/government\/scottish-firms-let-down-by-green-heating-climbdown-27-03-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The BMBI report for January 2025 shows a 1.9% drop in total value sales from Nov 2024 to Jan 2025, despite a 1.3% rise in volume sales and a 3.1% price decline, signalling market shifts. <\/span><a href=\"https:\/\/bmbi.co.uk\/wp-content\/uploads\/2025\/03\/BMBI-January-2025-MASTER.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Builders Merchant Building Index<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A new report on Northern Ireland&#8217;s planning statistics shows 2,368 applications in Q3 2024\/25, down 6% from last year, including 2,321 local, 46 major, and one regionally significant proposal. <\/span><a href=\"https:\/\/www.infrastructure-ni.gov.uk\/system\/files\/2025-03\/planning-statistics-q3-2024-25-bulletin.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Department for Infrastructure<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Ulverston councillors approved 350+ homes, while over 100 people attended a consultation on a 750-home scheme in Crediton. SNG and Barratt Redrow will develop 660 homes in Oxfordshire, and a 343-home project between Bracknell and Wokingham is set for approval. Bloor Homes is also seeking permission for 294 homes in Salisbury. <\/span><a href=\"https:\/\/www.nwemail.co.uk\/news\/25043328.ulverston-councillors-give-green-light-plans-350-homes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Mail<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.creditoncourier.co.uk\/news\/750-homes-plan-for-crediton-discussed-777525\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Crediton Courier<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/sng-and-barratt-redrow-sign-deal-to-develop-660-home-scheme-in-oxfordshire\/5135241.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.bracknellnews.co.uk\/news\/25042390.wokingham-plans-343-homes-strategic-development\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Bracknell News<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.salisburyjournal.co.uk\/news\/25039269.salisbury-bloor-homes-plans-build-294-old-sarum-homes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Salisbury Journal<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 28\/03\/2025 Shepherds Bush Housing Group has fully merged with The Guinness Partnership, transferring its stock and assets to the \u00a3460m-turnover provider. As a result, the 5,000-home association ceases to exist following the completion of the merger. Housing Today (register)\u00a0 Bromford Flagship has secured its first private placement since the merger, raising \u00a375m to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-7502","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/comments?post=7502"}],"version-history":[{"count":1,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7502\/revisions"}],"predecessor-version":[{"id":7503,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7502\/revisions\/7503"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=7502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=7502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=7502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}