Avanton will focus on acquiring sites with land values of £20m to £100m, providing for between 300 to 1,000 units per development.
Housing Archives - Page 2 of 100 - NewStart
A survey found that the sector is in desperate need of support and guidance if it is to overcome these challenges.
The report notes almost a quarter (24%) of private renters have seen their earnings fall during Covid-19 crisis, compared to one-in-six (16%) working age adults with a mortgage.
Lyndon Campbell, a commercial property partner at Bevan Brittan, said enforced sales are ‘currently under-used’ by local authorities and could help free up thousands of empty homes.
Funding for the new homes and the upgrades for existing homes is coming from the rents paid by tenants, Welsh Government grants and HRA borrowing.
Air pollution and occupant health the key focus for ASBP Healthy Buildings Conference, 24th February
The purchase has been exercised as part of Southwark Council’s partnership with British Land on the Canada Water masterplan.
The development will take around four years to complete.
It will also be one of the first Passivhaus-standard buildings built by the local authority, meaning that it will use little energy.
The council’s cabinet will be asked on 10 February to give the go ahead to build around 155 homes in seven locations across the county on local authority-owned land.
