What you might need to think about in 2011
With the sudden chill in the weather, this article* by Mike Wilkins, Chief Executive of Ducane Housing Association, from the Christmas season could be just the winter warmer we need…

With the sudden chill in the weather, this article* by Mike Wilkins, Chief Executive of Ducane Housing Association, from the Christmas season could be just the winter warmer we need…
Around 17 November last year something started happening here at THFC (The Housing Finance Corporation) …..the phone started ringing again! That was CSR (Comprehensive Spending Review) + four weeks, and Housing Associations were coming out of the bunker.
Continue reading Rental market flexibility and how much to pay for it. ![]()
Since August 2007 the investment world has been hit by the perfect storm, unparalleled since the 1930s and in some ways exceeding even that. In the period up to the end of the current Comprehensive Spending Round, affordable housing had received a significant settlement of £8.4Bn for the period 2008-2011. We await the outcome of the proposed CSR on October 20, but it is likely that both capital and revenue spend on affordable housing are to be cut by 25-30% across the next review period. The profiling of cuts is likely to mean that there will be pressure to maintain even the existing committed investment programme, let alone grow output of affordable homes in the next 12 to 18 months.
Continue reading Brave New World: The London Housing Economy Post CSR…. ![]()
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