Wednesday: 18/06/2025 / News

Daily News: 18/06/2025

Over 500,000 new homes are set to be delivered through a £16bn public investment via the newly launched National Housing Bank, aiming to unlock an additional £53bn in private funding under the government’s Plan for Change. GOV.UK

Delivering 1.5m homes by 2029 could unlock £103bn in social impact across England, according to new research, reinforcing the economic and moral case for accelerating housing delivery to address the housing crisis. Meeting Place

Following its February 2025 merger, Bromford Flagship launched updated financing frameworks, including an EMTN programme, to support its goal of 2,000 new homes a year and £4bn funding over 15 years. Similarly, Radius Housing secured a £75m Sustainability Linked Loan from Danske Bank to build 500 homes and retrofit 1,000 across Northern Ireland. Bromford Flagship Ltd, Radius Housing

West Northamptonshire Council’s Cabinet will soon decide whether to bring management of 11,500 council homes in Northampton back in-house, currently overseen by Northamptonshire Partnership Homes. In parallel, the Northern Ireland Housing Executive, the region’s largest public landlord, has officially adopted the Sustainability Reporting Standard for Social Housing. West Northamptonshire Council, Sustainability for Housing

Fourteen firms have been appointed to an £80m modular building framework in Scotland by the Scottish Procurement Alliance, covering permanent and temporary modular construction. In addition, Camden Council has launched a £28.7m tender for the first phase of regenerating the West Kentish Town Estate. Construction News (register), Construction News (register)

Kensa and Sureserve have partnered to scale up low-carbon heating in social housing, aiming to cut residents’ energy bills and support decarbonisation. At the same time, Keltbray has secured a £30m working capital facility from Metro Bank to support growth, while Bedfordshire-based civils contractor LF Solutions has filed a notice of administration. Kensa Group Ltd, Construction Enquirer, and Construction Enquirer

Homes England has acquired Ripon Barracks from the Ministry of Defence to deliver 1,300 homes with planning permission granted by North Yorkshire Council. In Shrewsbury, councillors have approved a 400-home development including a new care home. Glasgow has given the green light to Graham’s £70m, 25-storey student tower with 410 beds. Plans have been revealed for 1,450 homes, a school and a cemetery in Leicestershire, and ALB Group has proposed converting Nottingham’s former Experian offices into a £25m, 120-apartment residential scheme. GOV.UK, Shropshire Star, The Construction Index, Leicestershire Live, and TheBusinessDesk.com