Residential : Housing News News
New Army accommodation under construction at Thorney Island

New Army accommodation under construction at Thorney Island

A major construction project is underway to deliver modern, sustainable Single Living Accommodation (SLA) for Army personnel at Baker Barracks, Thorney Island.  Ground works have begun on three new SLA blocks at Baker Barracks, which will provide a combined total of 315 en-suite bedspaces: 242 for Junior Ranks, 47 for

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‘Don’t ignore deprivation and housing poverty in the capital’ – boroughs urge changes to funding reforms as consultation closes

‘Don’t ignore deprivation and housing poverty in the capital’ – boroughs urge changes to funding reforms as consultation closes

London Councils has urged the government to reconsider key elements of plans to reform council funding in its response to the Fair Funding Review 2.0 consultation, which closed recently (Friday 15 August). In particular, the cross-party group highlighted the need to accurately measure the capital’s high levels of deprivation, with

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Latest Issue
Issue 332 : Sept 2025

Residential : Housing News News

Salix supports GMCA’s £28m Public Building Retrofit fund helping decarbonise Greater Manchester’s public estate

Salix supports GMCA’s £28m Public Building Retrofit fund helping decarbonise Greater Manchester’s public estate

Salix Finance is proud to be working in partnership with Greater Manchester Combined Authority (GMCA) on an initiative to help decarbonise public sector buildings across the region. The new Public Building Retrofit fund (PBRf), launched and administered by GMCA, will provide grant funding to public sector organisations to support the installation of low-carbon heating systems and energy efficiency measures in their buildings. Salix will play a key role in the delivery of the fund by undertaking the technical assessment of funding applications. With up to £28 million of capital funding available between 2025/26 and 2027/28, the scheme will support Greater Manchester’s ambition to cut greenhouse gas emissions and reach net zero by 2038. This is 12 years ahead of the UK’s national target. This funding for GMCA has been delivered as part of the government’s devolution policy, providing mayoral authorities the tools to shape the future of their local areas, while improving accountability and building capacity across the local government sector. Salix chief executive Kevin Holland said: “We have built up extensive skill at Salix in delivering innovative, large scale and impactful decarbonisation projects across the public sector on behalf of government. “Our knowledge is valued across the sector, and we’re delighted to work with Greater Manchester Combined Authority on this new fund. “Our work on the Public Sector Decarbonisation Scheme equips us well to support GMCA through effective and impactful technical assessments, enabling the successful delivery of retrofit projects.” The fund will be delivered through a competitive application process, with several funding windows opening over the course of the programme. The first application window is set to open this summer, with additional dates to be announced later in the year by GMCA. The initiative aligns closely with national policy priorities, targeting the 9% of UK emissions that come from heating buildings. By supporting the replacement of fossil fuel-based systems and improving building efficiency, The Public Building Retrofit fund is expected to contribute directly to reducing energy consumption and improving comfort in public buildings. Kevin added: “Our partnership with GMCA shows our stakeholders the breadth of Salix’s capabilities and the value of our trusted expertise. “We look forward to building on this relationship and continuing to expand our impact across the public sector and beyond. “We’re on a mission at Salix and we’re committed to help the UK meet its ambitious 2050 net zero targets.” For more about Salix visit our website https://www.salixfinance.co.uk/ For full details about the Public Building Retrofit fund, visit the Public Building Retrofit fund – Greater Manchester Combined Authority Building, Design & Construction Magazine | The Choice of Industry Professionals

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NHBC supports ARL to deliver webinar focusing on unlocking brownfield sites

NHBC supports ARL to deliver webinar focusing on unlocking brownfield sites

NHBC is supporting the Association for Rental Living (ARL) to deliver a webinar examining the processes and challenges associated with unlocking brownfield sites for mixed tenure development. Those attending the webinar will join experts from NHBC and the rental living sector to explore how complex sites are being transformed into viable, successful Build to Rent (BTR) developments. Aimed at developers, investors, operators and consultants in BTR, this webinar, running on 23rd September 2025, will guide attendees through the journey from pre-acquisition assessment to post-acquisition viability, highlighting critical considerations and pitfalls to avoid. Insights will include: Experts from Placefirst and Urban&Civic will join speakers from NHBC’s Land Quality Service and BTR teams as part of a varied agenda which will cover the political landscape, sector collaboration and the hurdles the industry faces. Real life case studies will be used to illustrate the ways land can be unlocked and attendees will have the chance to pitch questions to the webinar’s presenters. This webinar will also explain NHBC’s role in the sector beyond warranty, demonstrating its expertise in technical services, site viability and risk mitigation. Suitable for anyone in the sector navigating constrained sites, repurposing opportunities or seeking practical guidance on land viability and delivery, this webinar has limited places available and those interested in joining should register now. Niki Kyriacou, Sector Lead for BTR at NHBC commented, “We’re pleased to support ARL in delivering this specialist webinar for those working in BTR looking to develop constrained or challenging sites. BTR is an increasingly important part of the residential mix – as the sector grows many of us recognise we need to unlock more brownfield sites to help meet demand. These sites offer a wealth of opportunity for developers and investors, and NHBC is committed to helping deliver quality homes at pace across BTR and all tenures.” NHBC works in partnership with developers and investors to bring forward challenging or complex sites that otherwise might have been considered unviable. Working hard to provide a pathway to warranty, saving time and money, NHBC provides confidence throughout the build journey. To register your place on the Unlocking brownfield sites for mixed tenure development webinar visit: https://thearl.org.uk/events/unlocking-brownfield-sites-for-mixed-tenure-development/ Building, Design & Construction Magazine | The Choice of Industry Professionals

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First image and details revealed for flagship housing scheme at Festival Gardens

First image and details revealed for flagship housing scheme at Festival Gardens

The first image and details of a flagship, eco-friendly housing scheme at Liverpool’s iconic Festival Gardens – which could see several hundred new homes created near to the Mersey waterfront – have been revealed. Liverpool City Council is seeking to create an innovative and sustainable multi-generational neighbourhood on one of England’s biggest brownfield plots, which would complete the radical conversion of a former landfill site. In a report to Liverpool City Council Cabinet next week, approval is being sought to enter into a development agreement with award-winning companies Urban Splash and igloo Regeneration. They were chosen following a procurement process launched last Autumn and together have established a joint-venture company which proposes to deliver 34 different styles of build on the stunning riverside location. The report outlines a scheme which aims to maximise the use of renewable energy sources and cutting-edge construction techniques to minimise its carbon footprint, with a design approach that would showcase “a festival of housing”. Pending Cabinet approval, it’s expected a planning application for phase one to be submitted in late 2026 for the creation of 440 homes. This would include 80 extra care and 110 affordable homes – far surpassing the Council’s 20% target. If approved, build would begin in Spring 2027, with phase two and three to follow providing up to 800 homes in total. The proposed scheme, which has the backing of Homes England and Liverpool City Region Combined Authority, would see an un-parallelled blend of diverse designs to accommodate a multitude of needs such as co-housing, social rent, mixed tenure family homes, retirement living and self-build. The groundbreaking project would celebrate both the legacy of the 1984 International Garden Festival and build on the colossal remediation of the 27-acre development zone. That saw more than 95% of the excavated materials recycled which in turn led to the creation of a new 37-acre park – Liverpool’s first of the 21st century. The planning application would follow a major public consultation exercise which would also feature in-depth detail on community facilities, high quality public open space and other infrastructure to cater for the needs of a growing residential and working population. The diversity of housing offer will come from several sub-developers that form part of the wider Urban Splash and igloo team. Extra care will be delivered by Alpha Living, affordable homes by the Regenda Group. Co-housing by TOWN with MMC provided by Starship. Urban Splash Residential Fund, Urban Splash and igloo will also deliver elements of scheme.   Reaction Councillor Liam Robinson, Leader of Liverpool City Council, said: “We have always wanted to deliver an amazing housing scheme befitting this stunning location. And I think the plans outlined in this report show that the ambition to do something truly special at Festival Gardens can and will be delivered. “The team of developers we’re looking to work with have a fabulous track record in delivering outstanding innovative and sustainable projects of the highest order. I can’t wait for our residents to see more details over the coming months and for them to have their input before the planning application is submitted next year.” Steve Rotheram, Mayor of the Liverpool City Region, said: “Festival Gardens has the potential to be one of the most exciting and transformational brownfield developments in the country – and I’m delighted to see it moving forward. “This is about more than just bricks and mortar, it’s about building the kind of place that people are proud to call home. We’re laying the foundations for a thriving new neighbourhood that reflects the kind of future we want to build – inclusive, innovative, and with our residents at its heart.” Jonathan Falkingham, MBE, co-founder of Urban Splash, said: “Festival Gardens is one of Liverpool’s biggest opportunities. It’s a huge privilege to have been selected as the city’s development partner on the creation of this new riverside neighbourhood. Our aim is to create a place for everyone and embrace the spirit of the original Garden Festival – showcasing outstanding housing design, innovative landscape strategies for healthier living, and building on the arts and cultural programme initiated 40 years ago. “We’re excited to work alongside our partners Alpha Living, Regenda, Town and Starship, together with six of the UK’s leading housing architects, Liverpool City Council, wider stakeholders and the local community to deliver an exemplar project that the city can be proud of, and we look forward to sharing more details of the project in the near future.” Peter Connolly, chief executive at igloo Regeneration said: “Festival Gardens is a landmark project that will create lasting impact for the city region, with a thriving new neighbourhood offering a diverse mix of homes to support people at every stage of life. It also brings together, under the JV’s leadership, a pioneering coalition of developers with a shared commitment to transform this iconic site into a community that’s sustainable, inclusive and built to last.” Building, Design & Construction Magazine | The Choice of Industry Professionals

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New Army accommodation under construction at Thorney Island

New Army accommodation under construction at Thorney Island

A major construction project is underway to deliver modern, sustainable Single Living Accommodation (SLA) for Army personnel at Baker Barracks, Thorney Island.  Ground works have begun on three new SLA blocks at Baker Barracks, which will provide a combined total of 315 en-suite bedspaces: 242 for Junior Ranks, 47 for Senior Non-Commissioned Officers (SNCOs), and 26 for Junior Officers. The modular blocks will be built using Modern Methods of Construction (MMC) designed to achieve exceptional building energy efficiency. Sustainable design features include photovoltaic panels, air source heat pumps and a SMART energy management system, which learns how the building is used so that it runs as efficiently as possible. The project will also deliver over 400 car parking spaces with 20 electric vehicle charging points, increasing parking capacity at the barracks, while further supporting energy efficiency. The project is being delivered under the Army’s SLA Programme by the Defence Infrastructure Organisation (DIO) contracting to off-site construction specialists Reds10.  Major General Richard Clements CBE, Director Basing & Infrastructure, said: “The investment at Baker Barracks will provide modern, spacious accommodation that will enhance living standards for our people delivering important operational capabilities. These modular buildings deliver outstanding quality and comfort, incorporating soldier feedback into their design alongside sustainable technologies that support both our carbon reduction commitments and cost efficiency objectives.” Warren Webster, DIO MPP Army Programme Director said: “It’s exciting to see the start of preparatory works for this fantastic project as we work to improve military accommodation. Once complete, a significant number of the soldiers and officers based at Baker Barracks will enjoy brand-new, comfortable and sustainable accommodation.” Phil Cook, Defence Director, Reds10, said: “Through our close working partnership with the DIO, Reds10 is pioneering advanced technologies and techniques to deliver exceptional value at Baker Barracks. Utilising industrialised construction to design and build innovative, sustainable and high-quality living spaces, we are transforming the living accommodation for the armed forces at pace.” Further investment is planned at Baker Barracks under the Army’s Defence Estate Optimisation (DEO) Programme to support 7 Air Defence Group’s operational capability. The major infrastructure upgrade, currently in the critical design phase, includes an extension to the Senior Non-Commissioned Officers’ Mess facility, additional office space, more efficient storage areas and upgraded secure storage. Construction is due to start in Autumn 2026. Building, Design & Construction Magazine | The Choice of Industry Professionals

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9,000-home masterplan for Heyford Park submitted in landmark outline planning bid

9,000-home masterplan for Heyford Park submitted in landmark outline planning bid

Dorchester Living has submitted an outline planning application for the next phase of Heyford Park – marking a major step in the transformation of the former RAF Upper Heyford airbase into one of Oxfordshire’s most ambitious new communities. The vision is to create a self-sufficient, sustainable settlement offering up to 9,000 homes – 2,700 of which will be affordable – alongside 900 assisted living units and 180 homes for key workers. These homes will be supported by new schools, community facilities, employment space and extensive green infrastructure. The housing crisis is not abstract. The housing crisis has a direct impact on homelessness, with more people pushed into temporary accommodation and rough sleeping because they cannot access secure and affordable homes. Across the county, over 164,000 children are homeless or living in temporary accommodation.[1] Without new, well-planned communities that provide genuinely affordable and accessible homes, housing insecurity will only deepen. Heyford Park is already a thriving place to live and work. More than 1,200 homes have been delivered to date, together with Heyford Park School for children aged three to-16, a supermarket, pharmacy, hotel, barbers, restaurant and a growing commercial cluster. Dorchester has focused on creating a place where people feel connected and supported. A wide range of social facilities bring neighbours together of all ages, including play areas, a pump track, outdoor football tables, tennis courts, and mini libraries. Heyford Park is home to a growing list of community activities, including the Heyford Makers Shed, yoga sessions, parental groups, a running club, and a thriving football club. This is just the start of the long-term vision for a vibrant, inclusive and active community. Building on this momentum, the pioneering masterplan will expand the community offering, delivering a new health hub, primary schools, a secondary school, dedicated sports facilities and employment space to support over 5,000 new jobs – many in CleanTech, low-carbon and creative sectors, providing sustainable jobs for the future. Improved connectivity and sustainable travel will underpin the settlement’s continued growth. A short journey from Heyford Station to Oxford, Heyford Park acts as a relief from housing pressure from Oxford City and supports regional growth. Plans include upgrades to Heyford Station and improvements to the Cherwell Valley Line service providing connections between Banbury and Didcot, alongside enhanced bus routes and walking and cycling routes to encourage residents to choose sustainable travel. Looking ahead, there is also an ambition to reopen Ardley Station, strengthening regional links to both London and Birmingham. Sustainability is at the heart of the masterplan. Dorchester Living will achieve a minimum 10% biodiversity net gain, with approximately 60% of the site dedicated to green infrastructure – connecting nature corridors, public parkland, walking trails and an area set aside as a Local Wildlife Site. The expansive Runway Park will serve as a multi-functional destination, offering a wide range of leisure opportunities. Framed by new woodlands and extensive landscaping, the park will be enriched by the planting of 65,000 trees, creating a vibrant and sustainable environment for generations to enjoy. The long-term ambition is for Heyford Park to become the UK’s first energy surplus town, generating more energy than it consumes through a combination of solar and wind power generation, energy-efficient design and low-carbon transport. This commitment to climate-conscious placemaking also responds to a wider regional need. According to the Housing and Economic Needs Assessment (HENA), Oxfordshire requires over 26,000 new homes by 2040 – with more than 16,800 needed outside Oxford City itself. While the city plans to deliver just over 10,000 homes by 2036, developments like Heyford Park are essential to meet demand while ensuring new communities are properly supported by jobs, infrastructure and local services from the outset. The plans have been shaped through extensive public consultation, with input from residents, schools, local groups and stakeholders. The masterplan has been developed by the award-winning practice, Proctor & Matthews Architects and renowned Landscape Architect Kim Wilkie, with sustainable movement strategies from Mode Transport Consultants. Paul Silver, CEO of Dorchester Living, said: “This is a pivotal moment in the evolution of Heyford Park. The masterplan we’ve submitted is the result of years of careful thinking and extensive collaboration with a variety of different groups including Heyford Park Parish, Great Western Rail, Heyford Park Schools and the wider local community. This is underpinned by our genuine belief that growth can be delivered in a way that’s community-led and environmentally conscious. Our goal is to deliver something exceptional and exemplar for Oxfordshire, and a national blueprint for how towns can and should be delivered in the UK, a place that not only provides homes and jobs but supports a way of life that is healthier, greener and genuinely future proof. From green energy and biodiversity to education, care and connectivity, we’re laying the foundations for a community that will thrive for generations to come.” Stephen Proctor, co-founder of Proctor & Matthews Architects, commented: “Heyford Park presents a rare opportunity to rethink how large-scale development can respond to the social, environmental and economic challenges of our time. Our masterplan is built around a series of distinct neighbourhoods, each shaped by the site’s unique history and landscape. These new places will be connected by green corridors, walkable streets and shared public spaces – creating a sense of identity, belonging and long-term sustainability from the outset. Central to the masterplan design is the innovative reuse and integration of existing airfield infrastructure and historic structures. This approach will create a distinct urban landscape that reflects the site’s rich heritage.” Eleanor Wills, Great Western Railway added: “We’re always keen to work with communities to support growth in a way that helps more people choose rail over the car. We’re pleased to be working with Dorchester Living to strengthen sustainable rail connections at Heyford Park. The proposed improvements to Heyford Station will make rail travel more accessible, integrated and appealing for both new and existing residents. “ Subject to approval, Dorchester Living hopes to gain planning consent in early 2026. For more details and to

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Sandwell and West Midlands Mayor appoint developer to drive forward 600 new homes in Wednesbury

Sandwell and West Midlands Mayor appoint developer to drive forward 600 new homes in Wednesbury

Plans to regenerate one of the largest brownfield sites in the West Midlands and build a new, 600 home community have reached a key milestone. Sandwell Council and the West Midlands Combined Authority (WMCA) haveappointed top 10 housebuilder Keepmoat as their preferred developer to construct the Friar Park Urban Village scheme in Wednesbury. The appointment follows a selection process which has been progressed since January 2024 and ending with Sandwell Council Cabinet approval at the end of July. The scheme, a joint project between the council and WMCA, will see around 600 homes built on the huge site, approximately the size of 32 football pitches. At least 25% of the homes will be classed affordable. The site, which is joint owned by the council and WMCA, has been home to a waste treatment plant, a foundry and hospital in the past but has lain undeveloped for more than 40 years due to the complexity involved in making the land ready for housing. Cllr Peter Hughes, Sandwell Council Cabinet Member for Regeneration and Infrastructure said: “It’s great to see another step forward in our ambitious plans to regenerate Sandwell and to be able to offer more jobs, homes, green space and infrastructure to our residents. “This project will be genuinely collaborative between the WMCA, Keepmoat, the Council and local residents. We will work hard to ensure that we deliver a site which is a real asset to the Borough and something which improves quality of life.” Richard Parker, Mayor of the West Midlands and chair of the WMCA, said: “I’m pleased to see more progress on this project. “This is not an easy site to bring forward, but when I met with the Environment Agency, they assured me they are treating our land clean-up plans as a top priority now. That matters because thousands of families need a safe, warm home and this site can deliver 600 of them. “The appointment of Keepmoat is a real step forward. They can now start designing a new community that will help meet our housing needs, create jobs and support the regeneration set out in my Growth Plan.” Keepmoat is a leading housebuilder and has achieved 5-star builder status in the National Home Builders Federation (HBF) Awards.  It is also a strategic partner of the WMCA with the two organisations signing an agreement in 2023 under which Keepmoat committed to building 4,000 additional homes in the West Midlands. Charlotte Goode, Divisional Chair at Keepmoat added: “We’re thrilled to be working collaboratively with the WMCA and Sandwell Council to unlock this complex brownfield site. “At Keepmoat, we’re committed to transforming lives and creating a thriving new community in Wednesbury is an exciting project to deliver much-needed high quality housing for local people. “As brownfield specialists, with almost 70 percent of our current developments being delivered on brownfield land, the plans to breathe new life into Friar Park will champion affordability, accessibility, green space and connectivity. We have a strong relationship with the West Midlands Combined Authority and we’re immensely looking forward to continuing our work together on this flagship regeneration project with Sandwell Council.” The first phase of work on Friar Park Urban Village will be to treat the land to address historic contamination issues so that it can be made ready for housebuilding. A planning application will be submitted by the Council and WMCA for the remediation work shortly and will be available for public comment. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Chelmsford Council launches search for developer on £250m waterside regeneration

Chelmsford Council launches search for developer on £250m waterside regeneration

Chelmsford City Council has begun the hunt for a development partner to help deliver the £250m regeneration of Chelmer Waterside, one of the city’s most significant brownfield sites. Formerly home to the town’s gas works, the site has been rebranded as Chelmer Waterside and is now primed for transformation into a residential-led neighbourhood. Recent infrastructure improvements, including a new pedestrian bridge linking the site to the city centre in under five minutes, have unlocked the area’s potential for large-scale development. Chelmsford City Council said the scheme could deliver between 770 and 1,000 new homes across six hectares, with phases designed around apartment-led blocks. Work has already begun on relocating the existing gas pressure reduction system, due to complete in early 2026, while remediation and decontamination of the former gasworks land will form a key part of the early programme. Some housebuilders, including Taylor Wimpey, have already delivered homes on adjoining parts of the wider waterside area. The council is now seeking a lead partner to accelerate the main residential development. The procurement process will shortlist up to three bidders from an initial questionnaire stage, who will then move into dialogue and negotiation before final tenders are submitted. The winning bidder will enter into a preferred developer agreement to confirm delivery commitments. A council spokesperson said the vision for Chelmer Waterside is to create a vibrant new residential community that makes the most of its riverside setting, while supporting wider regeneration and growth across the city. Building, Design & Construction Magazine | The Choice of Industry Professionals

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‘Don’t ignore deprivation and housing poverty in the capital’ – boroughs urge changes to funding reforms as consultation closes

‘Don’t ignore deprivation and housing poverty in the capital’ – boroughs urge changes to funding reforms as consultation closes

London Councils has urged the government to reconsider key elements of plans to reform council funding in its response to the Fair Funding Review 2.0 consultation, which closed recently (Friday 15 August). In particular, the cross-party group highlighted the need to accurately measure the capital’s high levels of deprivation, with the impact of housing costs properly factored in. Boroughs argue ‘flawed’ deprivation measures risk undermining the government’s aim of ensuring funding follows need. For example, the deprivation measure currently proposed gives ‘road distance to a post office’ equal weighting to levels of homelessness – suggesting these factors have the same level of impact on deprivation in a community [1].  London Councils has also raised concerns about: The government’s reforms, which set out a new approach to distributing funding between local authorities in England, are due to be implemented from 2026/27 and will have a major long-term impact on council finances. While London Councils welcomes the government’s commitment to target areas of high deprivation when allocating funding, the cross-party group says the proposed deprivation measures do not sufficiently factor in housing poverty – with potentially devastating consequences for London boroughs’ future budgets. Housing costs take up the largest portion of most household spending. How much someone pays for housing has a significant impact on their disposable income, and the wider impact of housing availability and homelessness is a significant driver of deprivation. However, the government plans to use the Index of Multiple Deprivation (IMD) to measure deprivation, which fails to account for these impacts as it does not adequately reflect housing poverty. Housing poverty is a particular concern for the capital, where one in 50 Londoners is currently homeless and living in temporary accommodation, and one in four London households is living in poverty when housing costs are taken into account. Cllr Claire Holland, Chair of London Councils, said: “We have long called for reform to local government funding to ensure money is distributed fairly on the basis of need. However, the current proposals risk failing to achieve this. After more than a decade of structural underfunding, rising demand and skyrocketing costs, the impact on London could be severe. “It is right to focus resources on areas with the highest levels of deprivation, but we can’t ignore deprivation in the capital – London has the highest rate of poverty in the country once housing costs are factored in. It is difficult to explain how proximity to a post office affects someone’s life as much as homelessness, yet these factors are given equal weighting under the current proposals. “As the government considers the responses to the consultation, we will continue working with them to ensure we create a funding regime that genuinely matches resources to need and helps restore financial stability to the sector. This is critical to us delivering on our shared priorities, including building homes, creating jobs and driving economic growth.” London Councils is urging the government to amend its proposals so that the new funding formula is robust and accurately measures levels of need for local services. Councils in London already have the widest funding gap of any region in the country. Research from the Institute for Fiscal Studies (IFS) previously found an estimated 17% gap between funding need and the actual levels of local government funding across the whole of London. Recent analysis by the IFS found that “regionally London is the biggest loser” under the current funding reform proposals. Boroughs are facing a funding shortfall of at least £500m this year and nearly one in four (seven) currently rely on emergency borrowing measures through the government’s Exceptional Financial Support (EFS) scheme – the highest rate of any region in the country. London Councils’ modelling of proposed funding reforms suggests a majority of the London boroughs currently reliant on EFS will actually see their funding shares decrease under the current proposals. Without sufficient funding to meet the demand and cost of delivering services in the capital, the cross-party group warns that more councils risk needing EFS. London Councils’ briefing on the Fair Funding Review 2.0 proposals can be found here. Building, Design & Construction Magazine | The Choice of Industry Professionals

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Urban Splash residential fund reports strong annual results and expands strategic partnerships

Urban Splash residential fund reports strong annual results and expands strategic partnerships

Urban Splash UK Residential LLP (The Fund) has published its annual results for the financial year ending March 2025, reporting a period of significant growth and continued operational success. The Fund was established by SURE Capital Partners in 2017 to acquire design-led, sustainable homes in urban regeneration areas across the UK, and recorded a 9.9% increase in portfolio value to £102.6 million (2024: £93.3 million), alongside a 14.9% rise in turnover to £5.5 million. Operating profit reached £2.8 million, reflecting a 21.3% year-on-year increase, while Net Asset Value grew to £94.4 million (2024: £93.4 million). Like-for-like rental growth for the period was 4.6%, with financial occupancy holding steady at 95% and rental collection at 99%. This performance has been underpinned by a sound investment strategy and a continued focus on delivering high-quality rental homes across UK cities. During the reporting period, the fund entered into a significant new partnership with sustainable developer Citu, formalised by a Memorandum of Understanding (MoU) worth £200 million. The partnership has already resulted in the acquisition of 28 homes during the financial year, with a further 24 homes secured post-year end – a combined investment of £19.5 million. Post-year end in May 2025, the Fund also announced a new £50 million revolving credit facility (RCF) with Barclays, expanding upon a previous £20 million facility secured in 2023. This increased capacity positions the fund to capitalise on future growth opportunities and support further acquisition activity. Commenting on the results, Akeel Malik, Partner at SURE Capital Partners LLP, the Fund’s investment advisor, said: “FY25 has been another significant year of growth for us, marked by the establishment of a major strategic partnership with the award-winning developer Citu, with an initial pipeline of 600 homes. “It means we now own and operate 450 homes with a total investment value of £102.6 million. Our differentiated rental offer now spans multiple urban centres including Manchester, Birmingham, Sheffield, Bristol, Cambridge, Bradford and, most recently, Leeds.” Established in 2017, the Fund has developed a reputation for delivering high-quality rental experiences that also prioritise ESG and community impact. The Fund’s bespoke community app – Ark –connects tenants to local businesses through curated discounts and events. These initiatives, Malik added, are a core part of the fund’s broader social and environmental strategy: “They align with our belief that sustainable living should be both accessible and rewarding – and they support long-term value creation for both our residents and our investors.” For further information, please contact Akeel Malik at akeelmalik@sure-capital.co.uk   Building, Design & Construction Magazine | The Choice of Industry Professionals

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MPs urged to back national campaign to tackle damp and mould in housing

MPs urged to back national campaign to tackle damp and mould in housing

MPs across the UK are being urged to support the second Damp & Mould Action and Awareness Week as campaigners highlight the urgent need for coordinated action on a widespread housing crisis that costs the NHS over £1.4 billion every year. The week, taking place from 20–26 October, was first launched in 2024 to shine a spotlight on the devastating health and housing consequences of damp and mould – an issue affecting up to 6.5 million households in England alone. Last year’s inaugural campaign brought together housing providers, charities, health professionals and tenants, reaching over three million people through national press, radio and TV – and even received a note of commendation from King Charles III. This year’s campaign gains added urgency as Awaab’s Law comes into effect, requiring social landlords to fix reported health hazards like damp and mould within strict legal timeframes.  The law, named after two-year-old Awaab Ishak, who died from prolonged exposure to mould in his home, aims to ensure tenants can hold landlords accountable through the courts if their homes remain unsafe. Campaign organisers at home safety specialist Aico are now calling on MPs to show their support, raise awareness in their constituencies, and encourage local stakeholders to take part in this vital public health initiative. They have written directly to MPs across the UK, urging them to play an active role in addressing unsafe housing conditions in their local areas. Dr Sam Collier, Policy & Research Manager at Aico, said: “We launched this campaign in response to a glaring gap – there was no single, coordinated platform dedicated to addressing one of the most prevalent and dangerous issues in UK housing. We wanted to change that. “Damp and mould doesn’t just damage buildings – it damages lives. From asthma and respiratory issues to mental health problems, the effects are serious and far-reaching. That’s why this campaign is so important – and why we’re asking MPs from across all parties to stand with us and make it a priority. “MPs are uniquely placed to amplify this issue and influence real change. By supporting this campaign, they can help bring landlords, local authorities, health services and tenants together to tackle it head-on.” This year’s campaign will include a range of free webinars, thought leadership articles, downloadable resources and digital content designed to help educate and empower professionals and residents alike. Aico has also developed a comprehensive campaign toolkit filled with resources to help housing providers, local authorities, charities and community groups get involved and show their support. Damp and mould produce allergens, irritants, mould spores, and other toxins that are harmful to health. The NHS spends an estimated £1.4 billion a year on treating illnesses associated with living in cold or damp housing. When wider societal costs such as ongoing healthcare are taken into consideration, the figure leaps to £15.4 billion. “We want this to be a truly collaborative effort – one that grows stronger each year until no family has to live with the fear or reality of unsafe housing,” Dr Collier added. For more information about the campaign and how to get involved, visit www.aico.co.uk/damp-mould-action-and-awareness-week Building, Design & Construction Magazine | The Choice of Industry Professionals

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