Daily News: 06/11/2025
The RSH’s Sector Risk Profile stresses that strong governance is vital. Social landlords face financial and operational pressures-from maintenance and safety to economic risks and effective governance helps them stay financially viable while improving tenant outcomes. GOV.UK
Fitch Ratings has affirmed Clarion Housing Group Limited’s Long-Term Foreign- and Local-Currency Issuer Default Rating (IDR) at ‘A+’ with negative outlooks. Fitch has also revised the outlook on Peabody Trust’s Long-Term Foreign- and Local-Currency IDRs to negative from stable, while affirming the ratings at ‘A’. Fitch Ratings, Fitch Ratings
West Northamptonshire Council plans to buy 36 apartments at Buckton Fields, Northampton, to expand social housing. Meanwhile, Welsh housing association Trivallis faced criticism after two Public Services Ombudsman investigations exposed long-standing damp and mould issues in residents’ homes. In contrast, Hanover Scotland’s 2024/25 Annual Report highlights strong performance, major investment, and a continued focus on improving older people’s lives. BBC, Wales Online, and Scottish Housing News
The RSH Corporate Plan 2025-28 highlights a challenging environment for social landlords, with rising financial risks and higher debt costs despite stable operating margins. At the same time, the 2021-26 Affordable Homes Programme summary (to March 2025) underscores Homes England’s commitment to transparency and keeping stakeholders informed about its funded programmes. GOV.UK, GOV.UK
The collapse of Assent Building Control and two of its registered subsidiaries has left at least 10 high-rise projects stuck at Gateway 2, prompting the Building Safety Regulator to scramble to contain disruption. Construction Enquirer
Vistry has seen increased demand from housing associations and local authorities as the government’s renewed focus on affordable homes begins to influence new contracts. Barratt and Redrow have delivered more homes ahead of a government budget likely to prioritise housing and planning reform. Meanwhile, Travis Perkins suppliers have voiced frustration after the builder’s merchant doubled its payment terms. Construction Enquirer, Construction Wave, and Construction Enquirer
The S&P Global UK Construction PMI for October 2025 shows construction activity fell at its fastest rate in over five years, with the index at 44.1, down from 46.2 in September and below the 50.0 no-change mark for the tenth month in a row. Similarly, the RICS UK Construction Monitor for Q3 2025 reports a net workload balance of -8%, indicating continued contraction after a period of relative stability. S&P Global, RICS
Administrations in the construction sector halved in October compared with the previous month, with 15 business failures recorded – down sharply from 32 in September. Construction News (register)
Horsham District Council has approved 152 homes in Ashington, while a 323-home Bridgwater development will now include fewer affordable homes. In Kent, Gladman has proposed 260 homes with sports facilities in Headcorn, and Capital & Centric plans a £60m Sheffield neighbourhood with 192 rental homes and shared spaces, including lounges, a courtyard, and a rooftop terrace. The Argus, Somerset Live, Kent Online, and Construction Enquirer