Posted 12.05.17
National Housing Federation (NHF): Article link
The NHF is currently working with a group of members to consider the future of housing association rents post-2020. Following our member consultation on this issue, a group was established to consider a new model of rent setting based around three key principles:
At the group's latest meeting, members talked about the All Party Parliamentary Group on Housing and Planning's recent evidence session on rents.
At that session, parliamentarians wanted to understand what could be done to ensure that a new approach to rents continues to support housing associations' ambitions to deliver new homes, whilst remaining fair and affordable for tenants, and making best use of public funds.
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Posted 03.05.17
Mayor of London: Article link
Mayor Sadiq Khan met tenants at the first homes being delivered for London Living Rent (LLR), kick-starting a new scheme to help more Londoners find a home they can afford.
He visited County House in Beckenham to meet Londoners who have already begun moving into 76 homes made available for LLR.
LLR is a new intermediate affordable housing product, with rents based on one third of average local household incomes.
It is targeted at middle-income households in London's private rented sector, who are looking to build up savings for future shared ownership or outright purchase.
Eligibility is restricted to households that are currently renting, with a maximum income of £60,000 and who are not currently able to purchase a home in the local area.
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Posted 02.05.17
Hyde Housing: Article link
Hyde has made history by issuing an oversubscribed bond for £400 million. This is believed to be the largest long-term bond at the lowest coupon ever raised by a housing association group and used an innovative funding strategy.
The bond was issued by Martlet Homes, a core Hyde subsidiary focussed on providing affordable homes in the South East.
The transaction further strengthens the Group's financial position and provides the organisation with additional capital to continue to improve services, and build 6,000 new homes in the region over the next five years.
Hyde's fundamental desire is to play a significant role in helping to solve the chronic housing shortage in London and the South East.
