The fall in interest rate cover is caused mainly by the small number of very large landlords. But these are the ones who have historically built most of the new homes. If they're effectively 'in the red' from their existing borrowing, they can't borrow more - as needed - to build new homes.
We are also pleased that the Government is taking the opportunity to formally remove fixed term tenancies, income-based rents and the forced sales of higher value homes from the statute books. This will reduce uncertainty, while ensuring that tenants can feel secure in their homes.
We're pleased to see that the Government has today confirmed that the Right to Buy will be reformed. We've been calling for these reforms, to reduce the loss of much-needed social homes, and encourage councils to build new homes.
- www.gov.uk/government/n...
Encouraging new entrants, including for-profit RPs into the market may help fill the gap. Or smaller social landlords do have more headroom so could try to scale up their delivery plans.
New figures out today illustrate the stress the social housing system is under.
"The metric means that the sector is generating just 87p in underlying cash per pound of interest after major repairs are taken into account". www.insidehousing.co.uk/news/sectors...
Our report can be found here: housingforum.org.uk/right-to-buy...
Our new CEO, Alex Notay, has a long interview with @carlbrowne17.bsky.social in @housingtoday.bsky.social Today setting out her vision for The Housing Forum and wider housing sector: www.housingtoday.co.uk/in-focus/a-n...
We welcome the reforms to the Right to Buy announced today in the Kings Speech. Our recent report called for many of the reforms that the Government has today confirmed it will soon be taking forward in the new Social Housing Renewal Bill. housingforum.org.uk/reports/key-...
With the Future Homes Standard now launched more people will be living in homes with advanced technologies such as heat pumps, mechanical ventilation systems, and solar PV.
How do we build and manage these homes so they work for the people who live in them?
housingforum.org.uk/events/susta...