@noblefrancis.bsky.socialThis doesn't mean 'Your First Home' won't enable more demand (it will) & it doesn't mean it won't be used in lower-priced areas (it will but it may largely be a substitution effect in lower price areas with people buying who could afford anyway) but... (8/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.social& the extra government costs on house building (which will rise further with the Building Safety Levy in October 2026 & the Future Homes & Building Standards in March 2027) need to be addressed or many sites will still remain unviable. (7/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.social... in lower priced parts of the country, affordability isn't the key problem. Site viability is, due to all of government's extra costs on house building, most of which weren't there back in 2013 or were considerably lower. (6/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.socialNow, mortgage rates & interest rates are higher, house prices are higher, there isn't 'Funding for Lending' &, vitally, whilst a lack of affordability is the most important problem in higher priced areas of the country,... (5/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.social... there was government stimulus to help with mortgage rates with 'Funding for Lending Scheme' as well as the initial 'Help to Buy' & interest rates were at historic lows. And in 2013, the main problem countrywide was a lack of enabled demand. (4/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.socialThen, more gradually, the initial Help to Buy (without income restrictions & a £600,000 house price cap) directly enabled demand. However, this occurred when house prices were considerably lower & mortgage rates were too. Plus,... (3/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.socialWhen Help to Buy was announced in 2013, there was a sustained recovery from a low base, even though Help to Buy loans took off gradually, as government signalled to potential homebuyers it would underpin housing, boosting homebuyer confidence. (2/n)
#ukhousing #ukconstruction
@noblefrancis.bsky.socialJust note that for all the initial noise, public relations & share price rises, 'Your First Home' (i.e. Help to Buy revisited) won't have anywhere near the impact that the initial 'Help to Buy' did (1/n)
#ukhousing #ukconstruction
@carlbrowne17.bsky.socialExclusive: Notting Hill Genesis hires interim CEO as Patrick Franco set to depart
Change at the top for non-compliant G15 landlord
www.housingtoday.co.uk/news/notting... #ukhousing
@housingitguy.bsky.socialFor electrical mobile working in UKhousing , be sure to select some +ve , not -ve operatives
tonysmiththathousingitguy.blogspot.co.uk/2015/08/all-...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialDo the UK general public get #socialHousing ?
tonysmiththathousingitguy.blogspot.com/2013/02/get-...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialStafford plans to spend over £650,000 buying homes for temporary accommodation.
stafford.nub.news/news/local-n...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialTwo Rivers Housing has secured another £20m to fund energy improvements across its homes.
www.punchline-gloucester.com/articles/aan...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialRCT residents still face a nine-month wait for housing adaptations despite progress.
herald.wales/south-wales/...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialYMCA South Midlands plans 90 more affordable homes for young workers in Milton Keynes.
businessmk.co.uk/articles/cha...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialHomes England has opened a £21.8m fund to help councils strengthen housebuilding capacity
www.housingtoday.co.uk/news/bidding...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialOnward completed 355 homes last year, while acquisitions added another 134 to its stock.
www.housingtoday.co.uk/news/onward-...
Link on www.linkedin.com/in/tonysmith...
@housingitguy.bsky.socialChoice Housing is seeking a developer for up to 40 new social homes around Omagh.
wearetyrone.com/news/8-5m-pl...
Link on www.linkedin.com/in/tonysmith...
@lazarou.mastodon.social.ap.brid.gy
@atmywitsend.wsocial.euQuote "If the water is brown or black, people are told to run their tap for a few minutes and it should clear, and to try again after 20 minutes if it does not work the first time."
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