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      The London Stock Exchange has had a challenging 2024 so far, although bankers are eying a rebound for IPOs

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affordable homes

  • John Lewis gets green light to build hundreds of homes in West Ealing

    Property

    Plans by the John Lewis Partnership (JLP) to redevelop Waitrose West Ealing have been given the go-ahead by Ealing Council after a successful appeal by the retail giant. The application, which has been in the planning system for nearly two years, is part of JLP’s long-term strategy to diversify its income streams via build-to-rent. The [...]

    The move is part of JLP's long-term strategy to optimise its property portfolio. Image credit: John Lewis
  • Lack of bids keeps 17,000 homes stuck in development purgatory

    Property

    Around 17,000 affordable homes are stuck in development purgatory due to a lack of demand from housing providers, according to new research. Under the English planning system, housing developments must set aside a proportion of the site for affordable housing via a Section 106 deal. These Section 106 houses have become an increasingly important mechanism [...]

    The Planning and Infrastructure Bill was introduced to Parliament earlier this week.
  • How to build affordable housing

    Opinion

    Any plan to actually deliver the 1.5m homes the government has committed to must be guided by pragmatism, not dogma – and lower targets for affordable housing can often result in more actually getting built, says Marc Vlessing The sudden departure of both senior leaders at Homes England is an opportunity to rethink the role [...]

    Homeowners in particular have felt the crunch
  • Affordable housebuilding in London down 88 per cent in dent to Khan’s rep

    November 24, 2024

    The number of affordable homes built in London between April 2023 and March this year fell by 88 per cent, despite continued promises from Mayor Sadiq Khan to boost the supply of housing in the capital. Just over 3,100 affordable housing builds began work across Greater London between April 2023 and March of this year, [...]

  • Autumn Budget 2024: Reeves commits £5bn for Government housebuilding programme

    October 30, 2024

    Chancellor Rachel Reeves has committed in the Budget to more than £5bn of investment over 2025-2026 to deliver the Government’s ambitious plans on housing next year. In the Budget, Reeves announced a range of measures to support Labour’s target, including skills training, reforms to the planning system and additional assistance for affordable housing. She also [...]

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