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As a private, non-profit distributing housing association, it reinvests its surplus into building new homes and supporting the communities in which its residents live. It borrowed £250 million through a bond issue in 2008, which at the time was the largest own-name bond issue by a housing association, and the first AA-rated bond from the ...
The building has won Mixed Use Development - London at the International Property Awards 2023-2024. [9] Alta at Consort Place: the lower west tower, standing at 34 storeys (124 metres (407 ft)), offers 139 affordable homes. [10] All shared ownership apartments at Alta are between the 25th and 32nd floor.
In 2013/14 we sold 90 private sale and 113 shared ownership properties and plan to complete a further 330 private sale and 49 shared ownership homes during 2014/15. We think we have a win-win approach to building homes. We increase supply for those wanting to buy their home and at the same time use the profits to house those on lower incomes. [4]
Raglan properties are a mix of new homes in inner city, urban and rural areas for general rental and shared ownership. Raglan also redevelop redundant brownfield sites and empty properties in support of town center regeneration and provide supported and sheltered housing along with specialist women's refuges. [citation needed]
The UK government facilitates shared equity chiefly through the Homes and Communities Agency. As of 2009 this was under the banner of HomeBuy. This aims to help households earning up to £60,000 p.a. [5] New Build HomeBuy is where purchasers buy at least 25% of a newly built home, and pay rent on the remainder.
On 7 February 2024, the company made an agreed offer to acquire Redrow for £2.5 billion. [52] On the same date, both firms had confirmed reduced revenue and profit. [53] The merged businesses would create a house builder, Barratt Redrow, turning over £7.45 billion and delivering over 22,600 homes a year. [54]
Available only for new-build under a certain amount (e.g. less than £600,000 in England, £300,000 in Wales); the loan is interest-free for the first five years. This is the most high-profile of the schemes, and is often referred to simply as "Help to Buy".
40 Leadenhall Street, also known as Stanza London is an office-led development in London that is currently under construction. It is located within the City of London financial district and is one of a number of new building developments for the area. Construction commenced in early 2020 with a target completion date of December 2023. [4]