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In the Headlines Housing Quality Network News from around the sector – 28 September 2017 In the headlines Regulator of social housing consults on Value for Money Standard The regulator is proposing to revise and strengthen the existing Value for Money Standard and publish a supporting new Code of Practice. HCA The government has released a technical note for this consultation which can be downloaded here, as well as from the Housing Finance Network website. Click here to view and respond to the consultation. Report pushes closer collaboration between councils and associations New initiatives to establish affordability and jointly-funded systems to manage allocations and lettings are among the report’s recommendations. 24 Housing Download the report here. Improving fire safety in high-rises after Grenfell blaze 'could take years' Government document says completing repair work on buildings that failed tests will take far longer than the public expects. The Guardian Shock research reveals ‘little action’ by social landlords on fire safety According to a survey, just 10% of social landlords have been in touch with tenants in person to talk through safety measures such as escape routes and fire doors. 24 Housing General Election: Voters torn between concerns over living standards and identity Low income voters were ‘pulled in different directions’ by concerns over living standards and identity at the General Election, according to the first in-depth analysis of this group of voters for the independent Joseph Rowntree Foundation. Joseph Rowntree Foundation Download the full report Half of UK construction workers concerned about post-Brexit skills gap, survey shows A survey by polling company OnePoll, commissioned on behalf of the Royal Institution of Chartered Surveyors (RICS), found that output from the UK construction market is expected to grow over the next twelve months. But 53% of construction workers deem labour shortages to be a serious challenge. The Independent Jeremy Corbyn backs rent controls as he declares Labour to be the new ‘mainstream’ Jeremy Corbyn pledged that Labour would tackle the shortage of affordable housing by introducing rent controls and cracking down on gentrification projects in which local communities are forced out by wealthy buyers. iNews Policy, regulation and legislation £23m announced to help communities have a say in new housing The funding, which will be around £5.5m per year until 2022, will provide communities with specialist support to help develop a Neighbourhood Plan, including where homes, shops, green spaces and offices should be built and how they should look. Property Wire 2 Rockingham House | St Maurice’s Road Telephone | 0845 4747 004 Internet | www.hqnetwork.co.uk York | YO31 7JA Fax | 0845 4747 006 Email | [email protected] HQN Limited Registered in England Reg No. 3087930 Size ‘has no impact on efficiency’, sector scorecard reveals The pilot of the housing Sector Scorecard, which measures efficiency, has revealed “mixed results” for all associations no matter their size. Inside Housing (register) Build to Rent fuels 100,000 homes construction boom Build-to-rent projects are igniting a construction boom in major cities across the country as investors pour cash into schemes. Construction Enquirer Labour conference to vote on balloting tenants over regeneration projects Some residents’ groups have been calling for tenant balloting in response to unpopular high-profile estate regeneration projects around the country. Inside Housing (register) Housing statistics and intelligence Average house price is now eight times the average wage, councils warn The average house price in England is now almost eight times the average wage, sparking a call from councils to be allowed to invest significantly in house building. Local Government Association UK personal bank deposits growing at slowest rate since 2009 British consumers are dipping further into their savings amid a squeeze from rising prices and falling real wages, figures show. The Guardian 3 Rockingham House | St Maurice’s Road Telephone | 0845 4747 004 Internet | www.hqnetwork.co.uk York | YO31 7JA Fax | 0845 4747 006 Email | [email protected] HQN Limited Registered in England Reg No. 3087930 More people will rent than own their homes in eight years, Economist believes Sebastian Burnside, a Senior Economist at NatWest, believes that a major cultural shift in homeownership is on the horizon, with more private tenants than mortgaged homeowners in just a few years. Landlord News Welfare reform and benefits Pension Credit: More than £3bn goes unclaimed The Department for Work and Pensions (DWP) is urging people to talk to friends, relatives and neighbours to ensure they are claiming Pension Credit. Nearly two million people claimed more than £6bn in the benefit in 2015-16. Yet £3.3bn went unclaimed, according to official figures, so take-up has been static for six years. BBC DWP to roll out landlord portal to help associations deal with Universal Credit The Department for Work and Pensions has written to the National Housing Federation to notify them they will be rolling the portal out. 24 Housing Ministers told to cut wait for new benefit amid evidence it is causing debt Ministers are facing growing calls to slash the time welfare claimants are forced to wait before being entitled to the government’s flagship new benefit, having been warned some time ago by their own advisers that the delay is “beyond reasonable justification”. The Guardian Bromsgrove District Housing Trust is launching a new scheme to help single under- 35s cope with Local Housing Allowance benefit cut Head of housing solutions John Whitman said: "The LHA ruling limited options for single, young people in need of accommodation and so we are delighted to announce our latest initiative dedicated to serving our local community and helping those affected.” Bromsgrove Advertiser 4 Rockingham House | St Maurice’s Road Telephone | 0845 4747 004 Internet | www.hqnetwork.co.uk York | YO31 7JA Fax | 0845 4747 006 Email | [email protected] HQN Limited Registered in England Reg No. 3087930 Finance Boost for Hammond as UK posts smallest August budget deficit in 10 years Britain unexpectedly posted its smallest budget deficit for any August since 2007, helped by record sales tax revenues that could give finance minister Philip Hammond room to relax his grip on spending in an upcoming budget. Reuters Moody's downgrades UK's rating to Aa2, changes outlook to stable Moody's Investors Service has downgraded the United Kingdom's long-term issuer rating to Aa2 from Aa1 and changed the outlook to stable from negative. The UK's senior unsecured bond rating was also downgraded to Aa2 from Aa1. Moody’s Bank warned not to raise interest rates amid squeeze on households Ex-MPC member David Blanchflower says there is ‘absolutely no basis’ for Bank of England to raise rates as early as November. The Guardian Civitas looks to market for £350m to fund social housing purchases The firm will go to the market to raise the money less than a year after it raised a similar amount when it floated on the London Stock Exchange. The Telegraph Milton Keynes Council to invest £54m in council housing stock The investment will see 76 new council houses built and around another 40 homes purchased. About Milton Keynes 5 Rockingham House | St Maurice’s Road Telephone | 0845 4747 004 Internet | www.hqnetwork.co.uk York | YO31 7JA Fax | 0845 4747 006 Email | [email protected] HQN Limited Registered in England Reg No. 3087930 Human Resources ‘Bleak picture’ for tenants as August rent costs rise “Landlords have had a rough ride at the hands of policy changes, and it’s becoming clear that these additional costs are being passed onto tenants.” 24 Housing Over a quarter of adoptive families in crisis, survey shows More than half of those surveyed reported living with a child who was violent, including being punched, kicked or threatened with knives. More serious incidents included hospital visits and sexual assault. BBC Grenfell family of five left to share one double bed in hotel room A family of five was forced to share a hotel double bed after being released from intensive care following the Grenfell fire, activists were told. London Evening Standard Centenarians are fastest growing age group in UK, figures show Number of 100-year-olds in UK has almost doubled since 2002, although overall rise in life expectancy slows. The Guardian Energy and environment Extreme weather to cost UK billions and leave 2.5m homes at risk of flooding unless ministers take action, warns WWF Report on the risks posed by climate change in 2050 warns there could be significant damage to the economy if it is not ‘future-proofed.’ The Independent 6 Rockingham House | St Maurice’s Road Telephone | 0845 4747 004 Internet | www.hqnetwork.co.uk York | YO31 7JA Fax | 0845 4747 006 Email | [email protected] HQN Limited Registered in England Reg No. 3087930 Fine homeowners who sell draughty homes, suggests report Economic consultancy Frontier Economics says the money raised could underpin government funding for insulating the homes of the least wealthy homeowners. BBC Useful reports Autumn Budget 2017: Submissions In the lead up to the Autumn Budget 2017, various organisations have been producing reports on what they would like to see from it. Local Government Association Residential Landlord’s Association National Housing Federation Rebuilding social housing A special supplement from the Guardian, with various articles examining the aftermath of Grenfell and what it could mean for social housing. The Guardian Frontier report proposes a programme of policies to deliver energy efficient homes in the UK The report builds on the wide body of policy proposals that have been developed in recent years and proposes a package of policies to provide a coherent programme of actions to improve the energy performance of UK homes.
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