Daily News: 16/07/2025
Amplius, formed last December, is set to report a 161% increase in surplus, reaching £34m in its first accounts, ahead of full results due this summer. Meanwhile, Midland Heart has secured £100m in sustainability-linked financing from NatWest on a 10-year fixed rate. Housing Today (register), Housing Today (register)
The Regulator of Social Housing has issued an enforcement notice to Easy Housing Association over compliance concerns to prompt timely resolution of governance or operational issues. GOV.UK
GreenSquareAccord will deliver energy efficiency upgrades to 273 homes by the end of 2025 as part of its drive to improve social housing in the Midlands. Express & Star
Melton Borough Council is ending its housing repairs contract 16 months early to re-procure the service and secure better value for tenants. At the same time, Carmarthenshire County Council has launched Tim Tacluso Tai, a new service aimed at improving the maintenance and cleanliness of council-owned homes and estates. Melton Times, Carmarthenshire County Council
A £350m deal will see up to 1,100 homes built on the site of a 1960s shopping centre near Norwich city centre. In Windermere, Westmorland and Furness Council has approved a £9.95m funding agreement with Homes England to support highways work for a major affordable housing project. Additionally, Altius and Erith have been selected to lead the redevelopment of a central London tower between Leicester Square and Piccadilly Circus into a mixed-use scheme with new homes. Norwich City Council, Westmorland & Furness Council, and Construction Enquirer
Vistry’s partnerships division says lenders are “back on board” following last year’s profit warnings, with renewed agreements signalling recovery. Keepmoat’s pre-tax profit dropped 35% to £54m amid falling sales and planning delays. GKR Scaffolding saw profits triple as revenues surged. Meanwhile, Elements Europe collapsed owing £8.7m to its supply chain, and Corbyn Construction’s unsecured creditors are unlikely to recover £4.4m. Housing Today (register), Construction Enquirer, Construction News (register), Construction Enquirer, and Construction News (register)
Construction firms made up 10% of all business administrations in the first half of 2025, according to an analysis by Shakespeare Martineau. Simultaneously, new research reveals that only 12% of professionals believe the UK’s 2035 emissions target is achievable, with growing calls for a more realistic timeline. PBC Today, Housing Executive
Over 1,000 homes are proposed for greenfield land near Newton Abbot. 600 homes are being considered on green belt land near Whippendell Wood in Watford, and a developer has submitted plans for 129 homes in Keswick to help address the shortage of local housing in the Lake District. Devon Live, Watford Observer, and News & Star