Daily News: 08/04/2025
Sanctuary Housing Association has launched a £2.5bn Euro Medium Term Note (EMTN) Programme to support its long-term funding strategy and boost investment in affordable housing. Similarly, Ayrshire Housing has published a new five-year business plan, setting out plans to invest over £11m in homes across urban and rural communities. Sanctuary Housing Association, Ayrshire Housing
Rent arrears for social landlords have dropped 7% since January and 10% year-on-year, with arrears forecast to end the year at 2.6%. But Housemark warns upcoming welfare reforms could reverse the trend. Housing Executive
A £10m deal to construct a new access road has paved the way for a £200m regeneration scheme in the Liverpool City Region, which will deliver 1,100 new homes and 200,000 sqft of commercial space. In parallel, in County Durham, a £9.8m affordable housing development has transformed a previously derelict site, breathing new life into the area. Liverpool Business News, The Northern Echo
Scotland Excel’s Flexible Procurement Service has reached a major milestone, awarding its 135th contract and bringing the total value of contracts delivered to £39m over the past five years. Scottish Housing News
Wates Group posted record turnover despite economic headwinds affecting profits. At the same time, Unite remains on track to meet financial targets, boosted by a rising number of 18-year-olds and growing university demand. Elsewhere, Lendlease Construction (Europe), now trading again as Bovis Construction, reported a £16m loss ahead of a potential acquisition by US firm Atlas Holdings. The Construction Index, TheBusinessDesk.com, and Construction Enquirer
A leading construction expert has warned that new US tariffs, introduced under former president Trump’s trade stance, could seriously impact the UK construction sector by driving price volatility and causing uncertainty for planned projects. Construction Wave
Construction firm failures stayed high in March, extending an upward trend in tough economic conditions. Creditsafe data shows 31 firms entered administration-well above the year-end dip-underscoring ongoing financial strain across the sector. Construction News (register)
A new NBS report finds only 43% of construction professionals regularly meet sustainability goals, raising concerns about the sector’s ability to hit environmental targets and prioritise green design early on. PBC Today
Vistry Group has secured approval for 723 homes at Alma Estate, up from 401, to address north London’s housing need. A 650-home scheme in Chippenham faces backlash over revised plans. Hallam Land has submitted plans for 300 homes in Langho, while Anwyl Homes will build 164 homes in Preston on a former golf course. Housing Today (register), Gazette & Herald, Place North West, and Place North West