Daily News: 04/04/2025
Home Group has secured an additional £260m in liquidity through successful refinancing negotiations with lenders and a new funding source. The housing provider says this move will support its commitment to delivering more homes. Business Live
The MHCLG did not assess the Building Safety Levy’s impact on affordable housing delivery, a department official told MPs. However, the permanent secretary assured the Public Accounts Committee that the levy’s delay would not raise government costs. Housing Today (register)
Latest data on social housing sales includes Right to Buy sales and replacements for Q3 of 2024-25, providing updated management information on the sector. GOV.UK
Medway Council is set to discuss plans to purchase 130 flats for use as temporary accommodation to support homeless individuals. BBC
Scotland’s net zero push faces setbacks, with missed annual targets and the 2030 interim goal scrapped. At the same time, over a million Scots live in social housing, yet 250,000 remain on waiting lists, underscoring the need for urgent housing and sustainability solutions. Scottish Federation of Housing Associations
Graham Asset Management has secured an expanded contract with Solihull Council to provide hard facilities management services, strengthening its partnership with the local authority. The Construction Index
A joint venture between Khalbros and Torsion Group has acquired the Eastgate Quarter site in Leeds, with plans to deliver a £1bn residential-led development. Construction Enquirer
Structural engineering specialist Kilnbridge is reorganising its corporate structure amid a slump in profits and revenue. Construction Wave
The S&P Global UK Construction PMI for March 2025 rose to 46.4 from 44.6 in February but remains below the 50.0 threshold, indicating continued contraction. Simultaneously, Scotland is seeing a surge in Passivhaus-certified social housing, highlighting a push for energy-efficient homes. S&P Global, Project Scotland
Plans to redevelop part of a West London estate with 253 new homes have been approved, while 200 council homes at Selby Urban Village also received the green light. In Mansfield, the second phase of a 380-home development is up for approval. Story Homes has unveiled a 330-home estate plan for a former farm site in Lancashire, and Nottingham is set to see 200 new homes near its train station as part of a national housing initiative. MyLondon, Haringey London Borough, Chad, Lancashire Post, and Nottinghamshire Live