London council set to pursue 50/50 development joint venture
A London council was this week set to approve the creation of a joint venture to develop three major sites in the borough. London Borough of Harrow’s cabinet, due to[…]
Development
Council looks to buy town centre after regeneration stalls
A Merseyside council is in discussions with a developer to buy a town centre, in a move designed to kick-start redevelopment. Knowsley Council this week announced that it has begun[…]
Hackney to tackle fuel poverty with clean energy company
Hackney Council has earmarked £150,000 as start-up costs for a council-run energy company to tackle the fuel poverty of almost 10,000 households in the borough. The council’s cabinet this week[…]
Spending review holding back planning reforms
Reforms to the fees charged to house builders are being held up by the delayed spending review. MPs on the Public Accounts committee were told that changes aimed at enabling[…]
Brentwood joins £1bn JV with Morgan Sindall
Brentwood council is set to sign a joint venture with Morgan Sindall Investments worth £1bn in contracts for development in the borough. Though this is the fourth local asset backed[…]
Kingston set to push ahead with £800m regeneration JV
London Borough of Kingston is pushing ahead with a controversial estate regeneration model in a bid to build hundreds of homes. The Royal Borough of Kingston Upon Thames has voted[…]
Croydon’s Brick by Brick to borrow more council money
London Borough of Croydon’s standalone housing company has pushed back the date by which it will become self-financing after announcing plans to borrow more cash to develop new sites. In[…]
Warrington outlines robust defence of out-of-borough investments
Warrington Borough Council has outlined its reasons for departing from government investment guidance and continuing to borrow to invest in revenue-generating property outside its boundaries. The council’s executive board will[…]
Spelthorne rejects claims of auditor concerns about its investments
Spelthorne Borough Council has hit back at an “erroneous and sensationalist” Sunday Times article which said that auditors had raised concerns about its commercial property acquisition strategy. The council has[…]
High street report proposes new fund and local initiative to arrest decline
The final report from the High Streets Expert Panel has been published today by the Ministry of Housing, Communities and Local Government. The group, headed by Sir John Timpson, was[…]
