Read this morning’s papers: 71,000 care home place shortfall seen/London mayor targets affordable home commitments

News

Helen Ozolins

16 August 2017

71,000 shortfall in care home places expected by 2025 (The Guardian/FREE)
The country could be facing a 71,000 shortfall in the number of care home places by 2025, according to a study by the Institute for Ageing at Newcastle University, published in The Lancet.

London mayor aiming to ensure affordable home commitments met (FT/£)
London mayor Sadiq Khan is looking at measures to ensure developers meet affordable housing commitments agreed when planning permission is granted.

UK house price growth slows (FT/£)
UK house price growth was the slowest in three months in June, with a rise of 0.8% on the month taking the average house price to £223,000, figures from the Office for National Statistics and the Land Registry showed.

Head of haart warns over unaffordability (The Independent/FREE)
Housing unaffordability is reaching a crisis point, Paul Smith, chief executive of haart’s estate agency, warns.

Sharp rise in loans taken out by first-time buyers in June (The Times/£)
The number of loans taken out by first-time buyers rose by 22% in June compared with May, to 36,000, figures from UK Finance show.

Mears cuts revenue forecast, warns on profit after Grenfell Tower fire (The Guardian/FREE)
Mears Group has cut its forecast for revenue and warned of a hit to earnings as its social housing customers delay orders following the Grenfell Tower fire.

Inflation data make rate rise less likely (The Telegraph/FREE)
Economists view an interest rate rise as less likely following inflation data that showed the annual increase in the consumer price index was unchanged in July at 2.6%.

In the news this morning, a 71,000 shortfall in care home places is predicted by 2025, as people live longer but face failing health. The London mayor is looking at measures to make sure affordable housing commitments made at the planning permission stage are adhered to. The move would address issues such as the reduction of the number of affordable homes at the Battersea Power Station development which the local council approved due to significant challenges. UK house price growth slowed in June, while London saw a decline in prices. 71,000 shortfall in care home places expected by 2025 (The Guardian/FREE) The country could be facing a 71,000 shortfall in the number of care home places by 2025, according to a study by the Institute for Ageing at Newcastle University, published in The Lancet. London mayor aiming to ensure affordable home commitments met (FT/£) London mayor Sadiq Khan is looking at measures to ensure developers meet affordable housing commitments agreed when planning permission is granted. UK house price growth slows (FT/£) UK house price growth was the slowest in three months in June, with a rise of 0.8% on the month taking the average house price to £223,000, figures from the Office for National Statistics and the Land Registry showed. Head of haart warns over unaffordability (The Independent/FREE) Housing unaffordability is reaching a crisis point, Paul Smith, chief executive of haart’s estate agency, warns. Sharp rise in loans taken out by first-time buyers in June (The Times/£) The number of loans taken out by first-time buyers rose by 22% in June compared with May, to 36,000, figures from UK Finance show. Mears cuts revenue forecast, warns on profit after Grenfell Tower fire (The Guardian/FREE) Mears Group has cut its forecast for revenue and warned of a hit to earnings as its social housing customers delay orders following the Grenfell Tower fire. Inflation data make rate rise less likely (The Telegraph/FREE) Economists view an interest rate rise as less likely following inflation data that showed the annual increase in the consumer price index was unchanged in July at 2.6%.