New online proptech engine to tackle development finance for SMEs A new Proptech online engine has been launched to help eliminate the growing problem of development finance for SME developers by providing a Sales Guarantee to purchase new homes built by SME housebuilders. Access to finance is becoming a growing problem for SME housebuilders with The Federation of Master…
Retirement housing adds the most economic value to communities The Chancellor has been urged to harness the spending power of older people as a new report shows how people living in retirement housing can help to revitalise our high streets after the Covid-19 pandemic. With many retirees increasing their savings since the virus hit, the…
Four ways buildings must adapt to meet climate targets Christian Deilmann, Co-founder and Chief Product Officer at tado° outlines the measures needed to meet Europe’s and the UK’s climate targets. Heating and cooling in buildings and industry accounts for half of the energy consumption, and governments across Europe and the UK have begun to recognise the…
Aster Group secures £250m bond to fund affordable housing Housing association Aster Group has priced its first £250m Sustainability Bond under the group’s new European Medium-Term Notes (EMTN) programme with the proceeds bolstering its fund for developing new affordable housing. The 15-year bond, which was four times oversubscribed, comprised £200m immediate funding and a further…
Student develops AI software to detect archaeological sites for planners Revolutionary software that leverages artificial intelligence to automatically detect archaeological sites for construction planners will be unveiled at CES 2021, the world’s largest and most influential technology exhibition. ArchAI, founded by archaeologist-turned-computer scientist Iris Kramer, uses technology developed during Iris’ PhD in deep learning and…
Planning granted for major modular homes scheme in Bristol Planning consent has been granted for Legal & General Modular Homes to deliver 185 homes in Lockleaze, Bristol. The scheme, which has been developed in conjunction with Bristol City Council, will see two-, three- and four-bedroom houses along with one- and two-bedroom apartments developed on land…
Owner occupation rates creep up over four years While owner-occupation rates did not increase between 2018-19 and 2019-20, rates are up slightly from 2016-17. Of the estimated 23.8 million households in England, 15.4 million or 65% were owner-occupiers in 2019-20, unchanged from 2018-19 but an increase from 63% in 2016-17. The last time 65% of…
9 in 10 say government must improve housing for older people A new survey published today shows that nearly 90% of people think the government should widen housing options for older people – including those with care and that more than half of older people are interested in moving but lack good local downsizing options.…
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