News bites 13 January 2017

Welcome to News Bites, a new feature designed to keep you up to date with the week's most important news from the housing sector and beyond. Please send any news items you spot, comments or feedback to communications@futureshg.co.uk.

GARden village locations revealed

England's first garden villages have been proposed for 14 sites throughout the country, the government has announced.

Ministers have lent their support to 14 planned 'village' developments which will provide a total of 48,000 homes and each deliver between 1,500 and 10,000 properties.

Futures is investigating opportunities to get involved in sites in Northamptonshire and South Derbyshire.

Futures to benefit from £1.4bn building fund

Futures will be able to build 90 new homes for shared ownership or affordable rent after securing Government funding.

The cash is part of a £26million package won by East Midlands Homes which leads a consortium of housing providers including Futures.

government faces heat over white paper

Secretary of state Sajid Javid (pictured) is facing opposition to planning system reforms from other ministers, it has been reported

The ministers fear a ’huge backlash in Middle England’ over Javid’s reform proposals.

The secretary of state is expected to publish a housing white paper later this month, which will outline his vision to accerate housebuilding.

Meanwhile, Prime Minister Theresa May is expected to deliver her long-awaited Brexit speech on Tuesday (17 January).

L&Q in talks to buy £500m land portfolio

L&Q is in talks to purchase a massive strategic land portfolio for a reported £500m-plus.

The 90,000-home housing association, which recently merged with East Thames and is hoping to build 10,000 homes a year over the next 10 years, is understood to be in talks to buy strategic land company Gallagher Estates.

Gallagher buys land and secures planning permission before selling the plots on to house builders. If completed, the deal would be a first for the housing association sector.

action needed on short-term tenancies

Two in five people living with their children in privately rented homes have a tenancy of six months or less, new figures from Citizens Advice (CA) reveal.

The survey shows one in three (34%) private renters would like their tenancy to be longer, rising to two in five (39%) amongst those with children.

CA says this amounts to almost 1.5 million households in England who need more security that they’ll be able to keep living in their own home.

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