Residential : Housing News News
Developer chosen to deliver new affordable neighbourhood at Birley Fields in Hulme

Developer chosen to deliver new affordable neighbourhood at Birley Fields in Hulme

A developer has been chosen to deliver a new 100% affordable neighbourhood at Birley Fields in Hulme following early engagement with local residents and stakeholders to understand their priorities for the site.  Green community space also is at the heart of the development of the new neighbourhood, ensuring improved biodiversity across the site – including a new garden space, while existing trees will be retained and celebrated.  

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John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis Partnership has scrapped its in-house housing venture and abandoned plans to deliver around 1,000 build-to-rent homes across three sites, citing a major change in economic conditions behind the decision. The employee-owned retailer confirmed it is withdrawing from the build-to-rent market after concluding that the financial case no longer

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Work starts at The Oval redevelopment in Stevenage

Work starts at The Oval redevelopment in Stevenage

Construction has started on the large-scale redevelopment of The Oval in Stevenage, marking a major step forward in revitalising one of the town’s established neighbourhood centres and advancing the council’s wider housing development programme. Ground was broken on Friday 30 January 2026, with attendees including representatives from Bugler Developments; Baroness

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Housebuilding sector shows early signs of recovery as firms ramp up productivity and innovation investment

Housebuilding sector shows early signs of recovery as firms ramp up productivity and innovation investment

The latest Barclays Business Prosperity Index report1 reveals that despite affordability pressures, regulatory challenges and financial caution, four in five businesses (83 per cent) operating in housebuilding and its supply chains remain confident about their outlook for the year ahead. Barclays’ anonymised client data from around 70,000 UK businesses, combined

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Latest Issue
Issue 338 : Mar 2026

Residential : Housing News News

Developer chosen to deliver new affordable neighbourhood at Birley Fields in Hulme

Developer chosen to deliver new affordable neighbourhood at Birley Fields in Hulme

A developer has been chosen to deliver a new 100% affordable neighbourhood at Birley Fields in Hulme following early engagement with local residents and stakeholders to understand their priorities for the site.  Green community space also is at the heart of the development of the new neighbourhood, ensuring improved biodiversity across the site – including a new garden space, while existing trees will be retained and celebrated.   Following a two-stage bidding process, Glenbrook has been named as the preferred developer to take forward an ambitious programme of investment to deliver a new residential-led development of genuinely affordable housing. The final tenure mix is expected to include options such as social rent, affordable/discounted rent and affordable home ownership, with details to be confirmed as proposals are refined.  Engagement in early 2025 with local residents and stakeholders looked to create meaningful and long-term community involvement to help guide future investment at the site.   The process highlighted a number of shared priorities, including:  Current proposals set out an ambition to deliver 293 affordable homes, across a range of housing types to meet local need, alongside new high quality public spaces. These are emerging proposals and may evolve as designs are refined through engagement and the planning process.   The development will take advantage of modern methods of construction and a fabric-first, low-energy design approach – supported by technologies such as air source heat pumps and solar panels, each contributing to a low‑carbon build.   A green heart to the scheme is proposed through the Birley Community Garden – a generous shared space shaped around growing food, informal play spaces, community activity and improved biodiversity.   A clear strategy has been set out for achieving a biodiversity net gain, including a combination of on-site enhancements and underpinned by an ecological assessment.   Extensive planting will create ‘ecological corridors’ through the site that will create a welcoming green environment, enhancing the biodiversity of the site, where existing mature trees will be retained and celebrated. A largely car-free layout, supported by improved walking and cycling routes, reflects the community priorities around safety and clean air.   While shared streets will bring about a day-to-day neighbourliness, supporting a sustainable long-term community of residents – including a new community corner that will provide space for a future creative hub and neighbourhood workspace. The specific uses for this space will be shaped further through ongoing engagement.  The development will also have strong social value credentials, linking in with organisations already active in Hulme to  support local groups and community-led initiatives – including Sow the City that will help design green spaces through the site, and Venture Arts that will contribute a mural within the scheme celebrating local creativity.   The scheme is also expected to create 71 new full-time jobs, support 90 additional roles, and provide a Hulme bursary through Regeneration Brainery to provide an employment pathway into the construction industry for local young people.   Glenbrook will now begin to refine emerging designs ahead of further public engagement, which will include the formation of a Community Engagement Collective that will help provide local insight and guide proposals ahead of a formal planning application.  Cllr Bev Craig OBE, Leader of Manchester City Council, said:  “The Birley Fields site has been an underused site for many years, so it’s great to see proposals emerging with the level of ambition and vision that is being developed, as well as a clear commitment to improving biodiversity across the site.   “Importantly, genuinely affordable homes – including social rent homes – are at the heart of this scheme, including quality green spaces and opportunities for the local community to come together. This approach has been guided by local people and it’s important that we continue to engage in the neighbourhood as the plans develop further.   “This is a great scheme for Hulme, one that we know will meet local need and be a real credit to the community.”  Jamie Sutton at Glenbrook, said:  “We’re excited by the opportunity at Birley Fields and delighted to continue our partnership with Manchester City Council as their selected development partner.  “The essence of Hulme is one of resilience and community spirit – a part of our city that has helped shape modern British music, design, and identity. As a developer, we are acutely aware of the responsibility we hold in delivering such an important scheme, one that provides considered architecture and public realm whilst responding to the needs of the wider community.” “ Over the coming months we will be reaching out and consulting with key stakeholders across the ward as we develop our initial concept in preparation of a planning application later this year.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Beyond the Boiler: Lovell backs new industry guides to support retrofit acceleration

Beyond the Boiler: Lovell backs new industry guides to support retrofit acceleration 

AS the UK prepares for major energy efficiency works under the government’s Warm Homes Plan, refurbishment and retrofit housing specialist Lovell Renew has joined forces with Sustainable Housing Action Partnership (SHAP) to launch the Retrofit Success Guides.  Alongside the West Midlands Combined Authority (WMCA) and Equans, and with the input of nearly 100 experts and 70 organisations, this invaluable expertise has been distilled into a practical blueprint for housing providers, local authorities and the supply chain.   Moving away from high-level policy, this new eight-part suite of resources has been designed to be a manual for delivery and support the drive towards net zero. This includes community and resident engagement, data use, workforce development, area-based planning, financing, governance and procurement.  Having spent decades on the frontline of retrofit design and delivery, as well as working within long term partnerships in the public sector, the involvement from Lovell was crucial to understanding how to navigate the sector. This includes acknowledging the challenges that often stall retrofit projects and how to overcome them – from resident trust and data integrity to the chronic skills gap and complex financing.   Carl Yale, regional managing director for Lovell Renew Central, said: “After many years, numerous partnerships and thousands of homes made better, safer, warmer, and healthier, we have built up a deep understanding for what this work entails and how critical it is in boosting resident comfort, health and wellbeing. With the Warm Homes Plan on the horizon, the sector is facing an important moment when retrofit needs be front and centre – but it also needs support in understanding best practice and how to ensure successful delivery.   “This will require collaboration and commitment to ensure that projects are done with insight, integrity and always with the residents at heart. We are proud to have been involved in the development of these guides and hope it will help to shape the future of this crucial specialist sector.”  Ellie Horwitch-Smith, chair of SHAP board and assistant director, Route to Net Zero, Birmingham City Council, said: “The Retrofit Success Guides show what’s possible when expertise from across the sector is brought together with a shared ambition to do things better. The guides are founded on the realities of delivery and offer a practical foundation for anyone serious about scaling retrofit with quality, integrity, and real impact for people and place.”  Rob Johnson, head of delivery for Building Retrofit at West Midlands Combined Authority, said: “The West Midlands Combined Authority is proud to be at the forefront of driving change in retrofit delivery through devolved funding and local leadership. The Retrofit Success Guides are an essential resource born from collaboration across the sector and grounded in the first-hand experience of those delivering retrofit or experiencing its impact. They represent a shared commitment to innovation, high standards, and putting residents at the heart of every programme.”  Unlike traditional technical papers, the guides are designed for action. They arrive at a time when fuel poverty and energy security are at the top of the national agenda. By making these resources free to access, it removes the barriers to entry for smaller housing providers and local councils who are often left to navigate this alone.   To find out more and download the guides, visit: https://shap.uk.com/retrofit-success/  Building, Design & Construction Magazine | The Choice of Industry Professionals

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Young first-time buyers step onto the ladder at Little Bowden

Young first-time buyers step onto the ladder at Little Bowden

Buying their first home together was always going to be a milestone moment for Amy Bassi and Ben Thompson – but after nearly two years of saving, planning and living back at home, moving into their new Davidsons property in Little Bowden felt even more special. Amy, 29, and Ben, 28, moved into their Stanbrook at Davidsons at Little Bowden in June last year, marking the end of a long journey to get onto the property ladder. The couple, who met at university, were balancing busy careers in different directions. Amy, originally from Dudley, works in marketing for a babywear company called My 1st Years in Northampton, while Ben, who grew up in Ireland, is a project manager for a web design agency in London. Finding somewhere that worked for both of them was key. Amy said: “We looked at lots of different areas because it had to work for both of us – I needed to be able to drive easily to Northampton, and Ben needed a straightforward train into London. As soon as we came to Market Harborough, it just felt right. It’s such a lovely town, and the station makes it so easy for Ben to get into London in under an hour.” As first-time buyers, the couple were determined to make a smart decision, even if that meant making sacrifices in the short term. They moved in with Amy’s parents for almost two years to build up their deposit. Amy said: “Living back at home in your twenties isn’t for everyone, but we’re so proud of ourselves for doing it. It took us a while to save, but it was completely worth it to be able to buy relatively young and get the house we really wanted.” After viewing a number of new build developments, they felt that Davidsons Homes stood out. Amy said: “We looked at other new builds, but some felt a bit crammed in. With Davidsons, the homes have so much character and space around them. They don’t feel squeezed together, and that was really important to us.” Visiting the show homes proved invaluable in helping them picture their future life there. Amy said: “Seeing the show homes was such a great way to understand how you’d actually live in the space. It made everything feel more real. We knew quite quickly that the Stanbrook 4th Edition was the one for us.” The couple were particularly drawn to the home’s open-plan layout downstairs – and one feature in particular. Amy said: “We really wanted a kitchen island. We love hosting and having people to stay, and the open-plan kitchen and living area is perfect for that. Choosing our kitchen was probably the most exciting day of the whole process.” Reserving their home in October 2024, long before it was actually built, meant a longer wait than some buyers experience – but Amy and Ben said the support from the sales team made all the difference. Amy said: “Because we were living with my parents, we couldn’t pop by regularly to check on progress, but Kelly and Michelle kept us informed every step of the way. We always felt updated and reassured, which made the whole process really smooth.” They were able to personalise their home by selecting fittings and finishes, making it feel like theirs from day one. Eight months on, the couple have fully embraced life in Little Bowden. Their spacious main bedroom and the large, open-plan living area remain firm favourites, along with their south-facing garden. Amy said: “Downstairs is definitely our favourite space. It’s light, open and perfect for having everyone round. We had a huge Halloween party and decorated everywhere, which was so much fun. Our parents come to stay as well, and there’s plenty of room.” Beyond the walls of their new home, they’ve quickly felt part of the local community. Amy said: “Everyone’s so friendly. Neighbours help each other out, even something as simple as taking your bins out if you’re away. There’s a lovely pub within walking distance, and I’ve already found a great nail technician, which is important!” For Amy and Ben, buying their first home wasn’t just about bricks and mortar – it was about creating a base that works for their careers, their social life and their future. Amy said: “It was a big commitment, and saving took time, but we couldn’t be happier. The whole process was smooth, we felt really supported throughout, and now we’ve got a home we absolutely love.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis pulls out of build-to-rent as higher rates derail housing push

John Lewis Partnership has scrapped its in-house housing venture and abandoned plans to deliver around 1,000 build-to-rent homes across three sites, citing a major change in economic conditions behind the decision. The employee-owned retailer confirmed it is withdrawing from the build-to-rent market after concluding that the financial case no longer stacks up in today’s higher interest rate environment. The move ends a diversification strategy first set out in 2020, aimed at generating long-term income by developing surplus land and airspace above existing stores. John Lewis had secured planning permission for residential schemes above Waitrose supermarkets in Bromley and West Ealing, as well as a separate development on a former industrial site in Reading. In West Ealing, the proposals comprised 428 flats across four high-rise blocks above the Waitrose store. Bromley would have delivered 353 rental homes in a 24-storey building above the supermarket, while the Reading plan involved 170 flats as part of a £70m scheme. The partnership said it will now enter final discussions with local authorities before deciding the future of the sites, with options expected to include selling them on to property developers. John Lewis pointed to a combination of rising borrowing costs, higher build costs and weaker investor appetite as key factors in its decision, noting that the venture was designed for a market environment that no longer exists. Investment manager abrdn had been working with the retailer on the programme. A spokesperson said the rental ambition was based on more stable investment returns, lower borrowing costs and more affordable construction costs, but that inflationary pressures and a more cautious property market have meant the model no longer meets the partnership’s investment criteria. Alongside the shift away from build-to-rent, the retailer also confirmed it is exiting property management. That business will be wound down once existing contracts covering four residential buildings come to an end. The move represents a clear reset of John Lewis Partnership’s property strategy, with the business choosing to refocus on its core retail operations and strengthen its balance sheet amid ongoing uncertainty in the housing development and investment market. Building, Design & Construction Magazine | The Choice of Industry Professionals

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thousands of customers benefit as believe housing hits 4,000th home energy upgrade milestone

thousands of customers benefit as believe housing hits 4,000th home energy upgrade milestone

More than 4,000 believe housing homes have now received energy efficiency improvements, helping customers stay warm while reducing energy use. Each home has received a range of measures to reduce heat loss, lower energy consumption, cut carbon emissions, and help customers manage their heating bills more easily. The not-for-profit housing association’s work is part-funded by the government through successive rounds of the Social Housing Decarbonisation Fund (SHDF) and the Warm Homes: Social Housing Fund. Together, these funds are supporting more than £34.4 million of energy efficiency works, with believe housing securing over £18 million across the rounds to make these improvements possible. The ongoing programme focuses on homes with an EPC rating of D or below. Each property receives a full survey and those requiring work get a tailored package of measures, to reach at least EPC C. Because every home is different, the exact work varies to meet each property’s needs. Upgrades currently being installed include: David Taylor, Assistant Director of Major Works at believe housing, said: “We’re incredibly proud to have reached this milestone. Government funding and strong partnerships have enabled thousands of our customers to benefit from meaningful improvements. “The feedback we get from customers is showing us the lasting impact of the programme. More energy efficient homes feel warmer and more comfortable and help tackle fuel poverty and improve overall health and wellbeing.” The work has been delivered by social housing regeneration specialists RE:GEN Group, who have supported believe housing to deliver upgrades at scale. Jonathan Horner, Director at RE:GEN Group, said: “Reaching this milestone is a real achievement and reflects the scale, care and coordination behind the programme. It shows what can be achieved when partners come together with a common purpose and we’re already looking ahead to supporting the next 4,000 homes.” Retired manufacturing worker Peter Tickle’s bungalow, in Bowburn, County Durham, is one of the most recently upgraded homes. Solar panels, cavity wall insulation and loft insulation were installed, alongside a new roof and brickwork repointing. He said: “I have a smart meter and when the sun is shining you can clearly see the panels working, generating power I don’t have to pay for, which is great. And the improved insulation and roof are obviously going to be a benefit. “I absolutely welcomed the work and am pleased with the results. “It has definitely improved my home, and with the roof and brickwork done throughout the street, it’s made a real difference to how the area looks too.” The programme is ongoing, with thousands more customers set to benefit as believe housing continues working towards ensuring all its homes reach EPC C or above by 2030. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Victoria North: Proposals for next phase of Collyhurst regeneration are presented to residents

Victoria North: Proposals for next phase of Collyhurst regeneration are presented to residents

A consultation is now open to gather views and feedback about the next ambitious phase of regeneration in the north Manchester neighbourhood.  A consultation is now open to gather views and feedback about the next ambitious phase of regeneration in the north Manchester neighbourhood.  Collyhurst was chosen as one of the first focus areas for investment as part of the major Victoria North regeneration programme – a partnership between Manchester City Council and FEC – that will see more than 15,000 new homes across seven distinct neighbourhoods in the coming years.   Initial consultation for future regeneration in Collyhurst completed in November 2025, which provided local people detail about the high level principles of future investment in their neighbourhood – including a mix of different types of homes, a focus on affordable homes within a mix of different tenures – including significant social rent homes – alongside green areas and spaces for the community.   Since then, households within the boundary of the proposed phase two area have been directly contacted to discuss their housing requirements to ensure that they are at the centre of developing proposals.  Now, the whole community will have an opportunity to find out more about the emerging proposals before detailed design and planning takes place, taking the local people along on the regeneration journey – from concept to design.   Based on the development being delivered in phase one, current estimates suggest, subject to consultation and detailed design work, that around 550 homes could be built in the phase two area helping to meet the growing demand for quality, affordable housing in the area, alongside a new community park.  Similar to the first phase of development, the ambition – subject to consultation and planning – would be to make sure a significant number of the new homes will be for social rent to meet demand for quality, genuinely affordable homes in Collyhurst. In phase one, 130 of 274 homes were capped at the social rent level.   The consultation will also gather feedback about the mix of housing types required in the community, new walking and cycling routes through the neighbourhood, and features that could be included in an extended area of the new Collyhurst Park space.   Phase One – the story so far  274 homes are currently under construction across two sites in South Collyhurst and Collyhurst Village, where the first 35 homes have now been completed – including the first 10 of 130 new Council homes for social rent.   Completions are now being phased throughout 2026, and some of the new Council homes will also support residents that moved outside of Collyhurst from the now demolished maisonettes to  move back to the community, into new homes in South Collyhurst – fulfilling the Council’s commitment to those residents who were promised they could return should they want to.   Future Investment in Collyhurst  Detailed proposals for future phases of development will be worked through and developed through public consultation on a phased basis. The focus in the coming years will be to develop proposals for Collyhurst Village, while detailed plans for South Collyhurst will then be developed in six to 10 years.  Victoria North has also been shortlisted as a part of the Government’s New Towns Taskforce, which pledges support to deliver major regeneration programmes. This will support the ambition for a new Metrolink stop at Sandhills, which will help unlock future investment in the wider Collyhurst area, alongside new homes, shops, medical facilities and a new school.   Public in-person consultation events  Local people can attend two events in the area to find out more and ask questions.   Tuesday 3 March – Church of the Saviour, Eggington Street, M40 7RN  1.30pm and 6.30pm  Members of the regeneration team will also be available to chat at a pop-in session at Kylie’s Kitchen from 9am to 11am on Wednesday 4 March 2026.  To note: Residents that are currently living within the proposed red line boundary for phase 2 have also been invited to a further session with the regeneration team to answer any specific questions they might have.   The consultation can also be accessed online: www.collyhurst-regeneration.co.uk/home/get-involved  Cllr Bev Craig OBE, Leader of Manchester City Council, said:  “We chose Collyhurst as one of the first areas to invest in as part of the major Victoria North regeneration programme because we could see the massive potential in this neighbourhood – and we wanted to deliver for this community that has waited for so long for investment in their area.   “It’s great to see that the first Council social rent homes are welcoming residents and we’ll see ongoing completions through the rest of the year, which will also mean residents who moved out of the area will be supported back to Collyhurst and into a new home.   “We can now return our attention to the next phase of delivery, which could see another 550 homes built – with a key focus on social rent, Council and genuinely affordable housing – alongside the new and extended Collyhurst park. Longer-term we are working towards the new tram stop at Sandhills, alongside more new housing, shops and local services.   “There’s a huge amount to be excited about in Collyhurst and we would urge local people to take part in the consultation and come down to the drop in events and give us your thoughts about the future of your community.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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1.5 million new homes is unachievable according to public sector survey

1.5 million new homes is unachievable according to public sector survey

PUBLIC SERVANTS on the front line of housing delivery have spoken out on the government’s target of delivering 1.5 million new homes by 2029, with less than 1% thinking that the goal is achievable with current policy measures. This is according to the latest nationwide survey report and analysis from public sector procurement specialist Pagabo, which reveals insights from respondents representing a broad cross-section of job functions across local government and housing associations. Building 1.5 Million Homes – Is It Achievable? reveals a deep-seated pessimism across the housing sector and a sobering reality for government. Even with significant policy reform, less than one-third believe the target is achievable. When asked if they are satisfied with their organisation’s progress in relation to the delivery of affordable homes compared with the local target since the Labour party entered government last year, only a fraction over one-third of respondents said yes. The report reveals that the most critical factor holding back housing delivery is the lack of sufficient, flexible, and long-term funding. Meanwhile a trio of interconnected issues surrounding land cost, site availability and developer profit expectations present widespread barriers to delivering more homes – with planning restrictions, community opposition and infrastructure constraints also cited as obstacles to overcome. Jonathan Parker, development director at public sector procurement specialist Pagabo, said: “Our new report includes findings that suggest the government’s housebuilding target is more optimistic than realistic, but this is tinged with a clear appetite to be able to deliver more homes. Without a greater understanding of the views and challenges being faced around the country by those tasked with delivery, no changes can be made. Having these insights means that the government and wider delivery collaborators can now come together to find the solutions that breed confidence and progress against local targets – not see them dwindle further. “The structure of traditional contracts involving land sales followed by developer delivery is widely seen as misaligned with public objectives – which is likely feeding that barrier cited around community opposition. This reinforces the need for a more collaborative delivery model in which the public sector and developers share responsibility from the outset to accelerate delivery and maximise public value – but also ensuring that communities are taken on that journey as well in order to truly be involved in shaping their own futures.” Digging deeper into the issue of site availability, the survey revealed a pragmatic stance adopted by housing professionals despite an ideological preference for building on brownfield sites. Faced with the high costs of remediation, the main constraint in bringing forward brownfield land cited by respondents, 54% of those surveyed prioritise a balanced mix of both brownfield and greenbelt sites, while only 3% leant towards prioritising green belt land. The new report also draws attention to the nation’s existing housing stock, identifying a critical and growing tension beyond the headlines dominated by new homes. Results show that for housing associations, which often manage the quality, safety and sustainability of vast property portfolios, refurbishment is a core strategic priority – particularly with the introduction of new legislation like Awaab’s Law in 2025. By contrast, local government bodies viewed refurbishment as secondary to the primary goal of planning and enabling new development. Despite this strategic difference, across the sector there is a strong view that new housing must be supported by corresponding investment in social infrastructure. Respondents see collaboration not as a ‘nice-to-have’, but as a critical component of placemaking. An overwhelming 79% of all respondents view collaboration with other public sector bodies as either essential or important – especially for ensuring new homes are supported by the right physical and social infrastructure. Jonathan continued: “Our report highlights that new housing delivery and existing housing refurbishment cannot be considered in isolation. Success is defined not by numbers alone, but by the creation of thriving places, underpinned by access to healthcare, education, transport and social infrastructure. We’re especially interested in all that the report reveals because we believe that procurement offers a powerful opportunity to make a difference, from the outset of development planning and placemaking through to the legacy that is created. “Since conducting our latest survey, the government’s Planning and Infrastructure Bill has become law and further changes to the National Planning Policy Framework are under consultation – seeking to move the dial as housing sector professionals desperately seek solutions. Despite what’s been said and done already, an open-minded attitude and collaboration driven approach can make 2026 a year that will be remembered for the right reasons.” Produced by Surveys in Public Sector in partnership with Pagabo, Building 1.5 Million Homes – Is It Achievable? is informed by a survey involving a total of 84 individuals from 69 unique local authorities and housing associations. To read the full report, visit www.pagabo.co.uk/white-paper-research-building-1-5-million-homes-is-it-achievable. The Developer-Led Framework – managed by Pagabo on behalf of Cumbria, Northumberland, Tyne & Wear NHS Foundation Trust – promotes early engagement between developers and public sector clients to improve viability, placemaking and delivery. It is the first framework of its kind to provide private sector funding to public sector schemes, for more information visit www.pagabo.co.uk/frameworks/developer-led-framework Building, Design & Construction Magazine | The Choice of Industry Professionals

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NatWest sets new £10bn funding ambition for UK social housing

NatWest sets new £10bn funding ambition for UK social housing

NatWest has today announced a new package of £10 billion of funding to the UK social housing sector before the end of 2028, which when deployed will bring the total funding to social housing in the UK to over £35 billion* since 2018. Through this new ambition, the bank is aiming to support the delivery and maintenance of social housing in the UK, which is vital to the people and families who rely on affordable housing, as well as the wider economy. NatWest has worked with not-for-profit housing associations across the UK to support their growth and development plans building homes and communities for many years. Recent government commitments will help unlock development and speed up delivery. In response, NatWest is committing billions in funding to housing associations, to help enable the development of high quality homes across the UK and support economic growth. The bank also confirmed it has now provided more than £25 billion of funding into the social housing sector since 2018, helping to create and sustain affordable homes nationwide. NatWest aims to support the delivery and upkeep of social housing across the UK, helping housing associations build new homes, upgrade existing properties, and improve living conditions. Some of this lending can help fund energy efficiency and environmental improvements, including retrofit projects. Other funding can help the housing associations sector to deliver a pipeline of new homes and improve living conditions in existing properties. Paul Thwaite, CEO NatWest Group comments: “We are incredibly proud to announce the early achievement of our £7.5 billion UK social housing lending ambition. Delivering this milestone a full year ahead of schedule demonstrates our commitment to making a real difference in people’s lives by investing in the homes and communities that need it most, and shows the demand in the market. “Reaching this lending ambition early has enabled us to set a new target of £10 billion to year-end 2028, so we can continue to provide social housing lending and play our part in supporting the development and availability of affordable and social rent homes across the UK.” Chancellor of the Exchequer Rachel Reeves said: “This government is backing a step change in affordable housing to end the housing crisis, with £39 billion for a new social and affordable homes programme and 10 year rent certainty for the sector. “NatWest’s investment will be vital in helping housing associations deliver thousands of affordable homes for families priced out of home ownership, building an economy that works for and rewards working people.” The announcement forms part of the bank’s new five point Growing Together plan, setting out how the bank will help build the conditions for UK wide growth: backing powerful regions, championing mid-market companies, strengthening the country’s infrastructure and housing foundations, boosting financial confidence amongst families and young people, and supporting the innovators shaping the future economy. Drawing on its regional footprint, expertise and convening power, the bank aims to bring businesses, communities, and policymakers together to tackle structural barriers, unlock productivity and spread opportunity across the UK. Recent research from Shelter revealed that 382,618 people are homeless in England – including 175,025 children. And the number of people officially recorded as homeless has risen by 8% in one year. According to Shelter, the shortage of social homes, unaffordable private rents and the freeze on housing benefit are pushing more people into homelessness and trapping them there. With limited pathways into secure, affordable homes, many people risk becoming stuck in temporary accommodation intended for short-term use, for months or even years. Over 90% of the people recorded as homeless – including 84,240 families – are in temporary accommodation. In addition to these commitments, last year NatWest announced several other initiatives and partnerships that have complemented and contributed to our social housing lending ambition being achieved. These include a financial guarantee of up to £400 million from the National Wealth Fund to cover a series of new loans from NatWest to registered providers of social housing stock in the UK. The bank also launched a new social rent loan product to support housing associations, which are already NatWest customers, to support the construction of social rent houses across the UK. In December 2025, this fund was doubled to £1 billion in response to strong demand and to help continue the delivery of homes for social rent across the country. These initiatives complement NatWest’s ongoing dedication to supporting communities and helping to address the housing crisis. VIVID secures £100m from NatWest as part of landmark £500m social loan fund In November 2025, UK housing association VIVID, secured £100 million in funding from NatWest as part of the bank’s social loan fund, designed to support the delivery of homes for social rent across the country. VIVID was the first to draw down funds from this. The facility offers discounted interest margins and no arrangement fees, meaning housing associations could save significant sums in finance costs and reinvest those savings into building and improving homes for those who need them most. These homes for social rent are expected to help ease the shortage of social homes, support vibrant local communities, and the funding should give VIVID the flexibility to keep building where it matters most. It will go towards building an additional 450 new social rent homes for more customers and comes with a 10-year loan term, providing stability for long-term investment. David Ball, Chief Financial Officer at VIVID, said: “NatWest’s new social rent loan product gives housing associations the financial flexibility to build more homes at social rent levels. The overall rate discount being offered is an innovative step change that shows NatWest’s commitment to supporting the Government’s Social Rent led agenda.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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Work starts at The Oval redevelopment in Stevenage

Work starts at The Oval redevelopment in Stevenage

Construction has started on the large-scale redevelopment of The Oval in Stevenage, marking a major step forward in revitalising one of the town’s established neighbourhood centres and advancing the council’s wider housing development programme. Ground was broken on Friday 30 January 2026, with attendees including representatives from Bugler Developments; Baroness Taylor of Stevenage OBE; Richard Henry, Leader of the Council; Jackie Hollywell, Cabinet Member for Housing; SBC councillors, ward councillors and officers; Lloyd Briscoe, Deputy Mayor of Stevenage; Sian Carter of Homes England; and Toby Fox, founder of 1.5M New Homes. A fixture of Stevenage since the 1960s, The Oval will be reshaped into a contemporary neighbourhood featuring new homes, shops, a church, community facilities and an inviting market square designed for residents and families. The first phase, delivered with Bugler Developments, includes Brent Court—an independent living scheme led by the council, providing 91 modern, affordable homes. Phase One will also create a new church, a community building and additional play spaces, forming a vibrant and inclusive hub. Backed by £20.5 million from Homes England, the project forms a central part of Stevenage Borough Council’s long-term, council-led housing development programme, which has been delivering high-quality, affordable homes across the town since 2015. The Oval scheme sits within a strong pipeline of housing projects in Stevenage, including the forthcoming handover of Dunn Close and Brodie Court, the council’s independent living scheme completed at the end of summer 2025 and now fully occupied. These developments offer modern, supported accommodation for older residents, supporting downsizing and releasing larger council homes for families and vulnerable residents. Councillor Jackie Hollywell, Cabinet Member for Housing, said: “The Oval has been an important part of Stevenage for decades and today marks the beginning of an exciting new chapter. This redevelopment will deliver high-quality, affordable homes alongside welcoming community spaces that bring people together. “Importantly, it supports our wider housing development programme – helping us meet local housing need, make better use of our housing stock, and deliver homes that work for residents at every stage of life.” Andy Bugler, CEO, Bugler Developments said: “We’re proud to be working in partnership with Stevenage Borough Council on the regeneration of The Oval. This is a landmark project that will deliver high-quality homes and meaningful community spaces, while respecting the area’s heritage and creating a place people can be proud to call home. We’re delighted to see work getting underway on this first phase.” Image: Rock Townsend Building, Design & Construction Magazine | The Choice of Industry Professionals

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Housebuilding sector shows early signs of recovery as firms ramp up productivity and innovation investment

Housebuilding sector shows early signs of recovery as firms ramp up productivity and innovation investment

The latest Barclays Business Prosperity Index report1 reveals that despite affordability pressures, regulatory challenges and financial caution, four in five businesses (83 per cent) operating in housebuilding and its supply chains remain confident about their outlook for the year ahead. Barclays’ anonymised client data from around 70,000 UK businesses, combined with research from 500 industry leaders1 and 2000 consumers2, also shows strengthening activity at the start of the development pipeline, sustained buyer demand for new-build homes and a major uplift in planned investment. Key findings from the Barclays Business Prosperity Index include: Sector investment and innovation gathers pace Talent, skills and AI are all becoming major investment focus areas. Four in 10 (40 per cent) businesses with skills shortages are investing in new construction methods to reduce manual labour, alongside developing early career schemes (39 per cent), and focusing on training and upskilling (36 per cent). Meanwhile the average intended AI investment of £441,281 reflects growing demand for AI assisted design and planning (37 per cent), renewable and energy efficient materials (36 per cent), business management automation software (35 per cent) and building information modelling (29 per cent). Momentum is particularly strong in Electronics, where intended AI spend exceeds £500,000, while trades such as Plumbing (£380,000), Carpentry (£347,320) and Painting & Decorating (£328,371) signal smaller, though material allocations. Future Homes Standard: A top priority but confidence in readiness lags Nearly all firms (98 per cent) say aligning with the Government’s Future Homes Standard is a priority for the next 12 months, yet 82 per cent express concern about their readiness. Key areas where support is most needed include installing low carbon heating systems (21 per cent), applying the new Home Energy Model (20 per cent) and meeting updated ventilation standards (18 per cent).  Despite this, businesses are taking proactive steps, with 30 per cent investing in specialist equipment, training and technology to boost compliance. Strong Gen Z new-build appetite despite affordability pressures A quarter of homeowners (25 per cent) report they live in a new-build property. This rises amongst first-time buyers, with nearly half (47 per cent) of those who bought their first home in the past year opting for a new‑build property. New properties are most popular amongst Gen Z (61 per cent of homeowners) with desirable location named as the top driver of purchases (28 per cent). A fifth (20 per cent) cited favourable mortgage terms, such as higher loan-to-value ratio, and 17 per cent also reported energy efficiency as a major reason for buying new. This comes as young people report improving, but significant affordability challenges, as 61 per cent of Gen Z hoping to buy a home in the next 12 months said that mortgage rates have a bigger impact on affordability than house prices themselves. Despite strong buyer demand, there are still barriers to building. A quarter (25 per cent) of housebuilders report high construction costs as a major barrier, followed by rising inflation, cost of raw materials and meeting the requirements of the Future Homes Standard (all 19 per cent). Location, location, location Over the next 12 months, new-build property developers expect that consumers’ desire for customisation options, such as layout and finishes, to have the greatest impact on their approach (31 per cent), followed by expectations for upgraded digital infrastructure including high speed broadband (27 per cent). However, consumers report slightly different priorities. When surveyed about which features most influence their choice of property, the top factor was access to gardens or communal green spaces (42 per cent), followed by proximity to transport hubs (31 per cent) and proximity to parks or countryside (30 per cent). Just 17 per cent named digital infrastructure as a key influence, and just 11 per cent cited customisation. Jason Constable, Head of Real Estate, Barclays Corporate Banking, said: “The level of innovation we’re seeing across the industry from larger developers to specialist trades is encouraging, with businesses investing in technology, skills and modern construction methods to boost productivity. “These innovations, combined with stronger consumer demand for new-builds, present a significant opportunity for housebuilders. While affordability and planning delays still pose challenges, the underlying strength of demand points to clear potential for growth as market conditions stabilise.” John Ainsworth, Head of Real Estate, Barclays Business Banking, added: “Activity is generally subdued among SME housebuilders, with nearly three in 10 expecting no increase in output in the year ahead. Yet SMEs are working hard to overcome skills shortages and regulatory alignment, with their resilience coming through strongly as they show confidence in their future success. “If the industry is to hit the Government’s target and build the much-needed homes of the future, it’s vital we continue to support the scaleup of smaller regional players. At Barclays we are committed to providing the external finance needed to scale via our Business Prosperity Fund.” The Barclays Business Prosperity Fund is available to new and existing Business Banking and Corporate Banking clients across the UK to apply for lending and refinancing on existing projects. Terms and conditions apply. Businesses can read the full Barclays Business Prosperity Index Housebuilding report and find out more about the Business Prosperity Fund at home.barclays/businessprosperity. Building, Design & Construction Magazine | The Choice of Industry Professionals

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