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’t 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. Resolution Foundation
Notting Hill Genesis delivered strong performance in 2024/25 despite a tough economic backdrop, with turnover rising to £717m and operating margin improving 20% year-on-year due to effective cost control. Notting Hill Genesis
VIVID Housing retained its long-term IDR at ‘A’ with a stable outlook. GreenSquareAccord was affirmed at ‘A-’ with a stable outlook, though its standalone credit profile was downgraded to ‘bbb’. Metropolitan Thames Valley Housing and Poplar HARCA both retained ‘A-’ ratings with a stable outlook, reflecting the sector’s generally steady credit profile amid ongoing pressures. Fitch Ratings, Fitch Ratings, Fitch Ratings, and Fitch Ratings
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. Living Space, GreenSquareAccord, and Dewsbury Reporter
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’s waiting list are in work, underscoring the UK’s deepening housing crisis. PBC Today, Wales Online
Bentry Capital aims to deliver up to 1,000 new homes over three years through a £500m scheme converting commercial properties in London and major university cities. Meanwhile, CField Construction reported a £1.2m pre-tax loss last year, hit by challenging legacy projects. Construction Enquirer, Construction Enquirer
A new whitepaper warns the ageing UK construction workforce is a “time bomb,” with 20% more workers over 55 than under 25, highlighting the urgent need for strategies to tackle skills shortages and ensure long-term sustainability. PBC Today
Comer Homes has secured approval to convert HMRC’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. BBC, Housing Today (register), BBC, Falkirk Council, Shropshire Star, Yellow Advertiser, and The Northern Echo