This is an archive of previous articles. Click here to view the latest articles.
In the 3 months or so leading up to the end of 2009 there has been a growing sense of ‘wait and see’ amongst many Housing Associations (HAs) considering further development. There are clear question-marks around many things – the availability and terms of future grant -in particular.
If you have been ‘stay-cationing’ this summer you may well have listened to the UK small business lobby bemoaning the continued lack of credit being extended to small businesses and the brutal terms attached to what credit is advanced. You may also have heard that the capital markets have been a bright ray of hope in amongst the gloom. Well the ray of hope is getting brighter as we enter the traditional financing season and, despite the likely poor news on rents from next April, there are a number of positives to report which show Housing Associations well placed to lead the house-building market through this part of the economic cycle. So what’s the good news?
by Max Steinberg
Max Steinberg has the reputation as one of the foremost authorities on housing and urban renewal in the UK today. Through its work with the European Investment Bank, THFC has an ongoing interest in the Pathfinder areas. In a recent visit to Burnley, one of the toughest regeneration challenges in the country, we were struck by the momentum which is starting to build in the area. In this piece, Max describes the journey his Pathfinder is on across Pennine Lancashire:
Continue reading Market Renewal: long term solutions to long term problems
THFC Space does not constitute financial or any other professional advice and must not be used as a basis for making investment decisions. You should consult a suitably qualified professional adviser if you require financial advice. Further, the views expressed on THFC Space by guest writers and responders are the views of the person writing or responding and do not represent THFC's views. The Housing Finance Corporation Limited will not be liable for any damage (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from any views expressed or from the use of any information or other material on THFC Space, or from any action or decision taken as a result of any such views or using any such information or material.
Copyright © 2007–2012 The Housing Finance Corporation Limited.