{"id":8912,"date":"2025-09-29T12:37:07","date_gmt":"2025-09-29T12:37:07","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=8912"},"modified":"2025-09-29T13:06:45","modified_gmt":"2025-09-29T13:06:45","slug":"monday-29-09-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/monday-29-09-2025-news\/","title":{"rendered":"Monday: 29\/09\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 29\/09\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">The UK <\/span>government <span style=\"font-weight: 400;\">plans a new generation of towns on 12 sites, each with 10,000+ homes and 40% affordable housing, supported by accountable delivery bodies to ensure lasting community benefits and sustainable economic growth. <\/span><a href=\"https:\/\/assets.publishing.service.gov.uk\/media\/68d694b79cb44667f7a1cee7\/New_Towns_Taskforce_Final_Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GOV.UK<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The Resolution Foundation warns that even 1.5m new homes by the end of Parliament won\u2019t rebalance supply and demand. At least 300,000 homes per year are needed to restore 2021 levels, which could raise homes per 1,000 adults from 535 in 2024 to 554 by 2034. <\/span><a href=\"https:\/\/www.resolutionfoundation.org\/app\/uploads\/2025\/09\/Housing-Outlook-Q3-2025.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Resolution Foundation<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Notting Hill Genesis delivered strong performance in 2024\/25 despite a tough economic backdrop, with turnover rising to \u00a3717m and operating margin improving 20% year-on-year due to effective cost control. <\/span><a href=\"https:\/\/group.nhg.org.uk\/news\/annual-reports-show-robust-performance\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Notting Hill Genesis<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">VIVID Housing retained its long-term IDR at \u2018A\u2019 with a stable outlook. GreenSquareAccord was affirmed at \u2018A-\u2019 with a stable outlook, though its standalone credit profile was downgraded to \u2018bbb\u2019. Metropolitan Thames Valley Housing and Poplar HARCA both retained \u2018A-\u2019 ratings with a stable outlook, reflecting the sector\u2019s generally steady credit profile amid ongoing pressures. <\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-affirms-vivid-housing-limited-at-a-outlook-stable-26-09-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-affirms-greensquareaccord-limited-at-a-outlooks-stable-26-09-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-affirms-metropolitan-thames-valley-housing-group-at-a-outlooks-stable-26-09-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-affirms-poplar-harca-at-a-outlooks-stable-26-09-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Living Space and Stonewater deepen their partnership, with Stonewater set to acquire all 127 homes at Bath Road, Worcester. GreenSquareAccord plans to sell its offsite manufacturing arm, LoCaL Homes, amid a strategic review. Meanwhile, Kirklees Council is redesigning its housing management service after concerns over declining tenant satisfaction. <\/span><a href=\"https:\/\/www.livingspacehousing.co.uk\/news\/living-space-and-stonewater-deepen-long-standing-a\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Living Space<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/greensquareaccord.co.uk\/news\/corporate\/gsa-in-search-of-buyer-for-offsite-housing-manufacturer-local-homes\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GreenSquareAccord<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.dewsburyreporter.co.uk\/news\/people\/council-redesign-housing-management-service-over-unacceptable-trend-5329815\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Dewsbury Reporter<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The Chartered Institute of Housing warns that housing pressures in Northern Ireland are worsening, with a 4% rise in the social housing waiting list despite more new homes and falling homelessness. In Monmouthshire, over half of nearly 4,000 on the council\u2019s waiting list are in work, underscoring the UK\u2019s deepening housing crisis. <\/span><a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/cih-urges-local-action-address-northern-irish-housing-crisis\/155550\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">PBC Today<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.walesonline.co.uk\/news\/wales-news\/half-people-councils-housing-waiting-32567908\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Wales Online<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Bentry Capital aims to deliver up to 1,000 new homes over three years through a \u00a3500m scheme converting commercial properties in London and major university cities. Meanwhile, CField Construction reported a \u00a31.2m pre-tax loss last year, hit by challenging legacy projects. <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/29\/developer-targets-commercial-to-resi-conversion-sites\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/09\/29\/cfield-slides-to-1-2m-loss-as-legacy-jobs-bite\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A new whitepaper warns the ageing UK construction workforce is a \u201ctime bomb,\u201d with 20% more workers over 55 than under 25, highlighting the urgent need for strategies to tackle skills shortages and ensure long-term sustainability. <\/span><a href=\"https:\/\/www.pbctoday.co.uk\/news\/hr-skills-news\/ageing-uk-construction-workforce-timebomb-says-whitepaper\/155568\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">PBC Today<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Comer Homes has secured approval to convert HMRC&#8217;s Alexander House in Southend-on-Sea into 557 flats. Vistry Group and Kier Property received permission for 343 homes in South Wokingham. Plans have been submitted for 3,850 homes in a growing village, nearly 1,000 affordable homes in Falkirk, up to 300 homes near Much Wenlock, 250 homes in Chelmsford, and 156 homes by Persimmon in Stockton. <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/cn0xzd1r7ypo\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/vistry-and-kier-secure-approval-for-343-homes-in-berkshire\/5138404.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.bbc.com\/news\/articles\/cly7ek6jy97o\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.falkirk.gov.uk\/news\/council\/plans-set-out-for-nearly-1000-new-affordable-homes\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Falkirk Council<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.shropshirestar.com\/news\/property\/2025\/09\/29\/housing-developer-targets-land-near-much-wenlock-with-plans-for-up-to-300-homes-full-details-here\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Shropshire Star<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.yellowad.co.uk\/plans-for-250-new-homes-in-chelmsford\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Yellow Advertiser<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.thenorthernecho.co.uk\/news\/25500726.persimmon-housing-plans-156-homes-stockton\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Northern Echo<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 29\/09\/2025 The UK government plans a new generation of towns on 12 sites, each with 10,000+ homes and 40% affordable housing, supported by accountable delivery bodies to ensure lasting community benefits and sustainable economic growth. GOV.UK The Resolution Foundation warns that even 1.5m new homes by the end of Parliament won\u2019t rebalance supply [&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-8912","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8912","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=8912"}],"version-history":[{"count":4,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8912\/revisions"}],"predecessor-version":[{"id":8920,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8912\/revisions\/8920"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=8912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=8912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=8912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}