Daily News: 15/08/2025
Southern Housing reported a £674m turnover and £123m operating surplus for 2024/25 in its latest results, while Paradigm Housing delivered a £22.9m surplus with a strong 37% operating margin. Meanwhile, Moat, managing 23,000 homes, recorded higher turnover but a reduced surplus of £12.2m, down from £20.9m last year, and RHP Group posted an unaudited £15m operating surplus, excluding a one-off £12.7m impairment linked to a legacy development scheme. Southern Housing, Paradigm Housing Group Ltd., Housing Today (register), and Investing.com
Blochairn Housing Association (BHA) is seeking a strategic partner and has invited expressions of interest to progress its transfer plans. Blochairn Housing Association Ltd.
Reading Borough Council has acquired 16 brand-new homes on a new development, which will be allocated to residents on the council’s housing register. Reading Borough Council
Housing association Bernicia is delivering 170 new homes across Northumberland and North Tyneside, investing over £35m in 208 properties in the past year. At the same time, Rochdale Council plans to spend £4.7m on constructing thousands of new homes across the borough over the next five years. Northumberland Gazette, Manchester Evening News
Hamilton-based contractor Procast Group has secured a significant lot on a £980m national retrofit framework. Portsmouth-based PMC Construction and Development Services has been appointed main contractor for the £69m first phase of a major housing and infrastructure project in Portsmouth. Additionally, groundworks specialist PAS NW has landed a £20m civils contract for a 429-home Wain Homes development in Lancashire. Scottish Housing News, Construction News (register), and Construction Enquirer
Student housing provider Unite Group has agreed a deal worth over £700m to acquire rival Empiric Student Property. Civil engineering contractor Octavius Infrastructure has reported record growth for the second consecutive year. Business Live, The Construction Index
The Home Builders Federation has launched the Home Building Sector Skills Plan, outlining a roadmap to future-proof the workforce and calling on the Government to support industry efforts to meet growing housing demand. Home Builders Federation
Mace Consult’s Q2 2025 Market View report highlights early signs that the UK construction industry is responding to government investment, though doubts remain about the pace of recovery. The Construction Index
North Lanarkshire approved 1,400 homes in Cumbernauld, and Stockport greenlit 1,328 homes in the £350m Stockport 8 project. Plans for over 1,500 homes in Cullompton are moving forward despite local concerns. Meanwhile, Wirral is reviewing a proposal for 605 homes, and Cambridge has set a decision date for 292 new homes. Insider.co.uk, Place North West, Devon Live, Place North West, and Cambridgeshire Live