In the news this morning, housing association Your Housing is teaming up with China National Building Material Company in a £2.5bn deal to build 25,000 homes. The country’s top 10 builders control enough land for almost a million homes. HS2 has collected almost £9.1m in rent over the past five years from renting out homes it has bought along the proposed rail route.
Your Housing in China tie-up (The Times/£)
Your Housing will link up with China National Building Material Company to build 25,000 pre-fabricated homes in a £2.5bn, five-year deal.
Biggest 10 builders control land for 1m homes (The Telegraph/FREE)
The country’s 10 largest builders have enough land for almost a million homes, according to research by Shelter.
HS2 earns £9.1m from rentals (The Times/£)
HS2 has earned £9.1m from renting out homes along the high-speed rail route, with more than half the total amount coming in the last year.
Campaigners call for inquiry over Paddington Cube (The Times/£)
Campaigners are calling for a public inquiry after Westminster council gave permission for the construction of the so-called Paddington Cube.
Legal challenges against evictions drop (The Guardian/FREE)
The number of challenges against evictions has fallen by 18%, despite repossessions in the private rental market being at a record high.
Airbnb paid £317,000 in UK tax (The Guardian, p. 11)
Airbnb paid £317,000 in tax to the UK government last year, after a taxable profit of £1.4m in the 11 months to the end of last year.
Real-life Ambridge to become a town (The Telegraph/FREE)
The inspiration behind the village of Ambridge in Radio 4’s The Archers series could have to be reclassified as a town after planning permission was given for two new housing developments.
Thousands of pensioners sell homes to pay for social care (The Telegraph/FREE)
Some 50,000 pensioners sold their homes over the past year to fund social care costs, according to House of Commons library figures.
Companies plan to boost hiring in 2017 (The Guardian/FREE)
Companies plan to increase recruitment next year, but are concerned about a potential skills shortage because of Brexit, according to a survey by the CBI.
