Housing News – Page 284
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Court beckons for Cotswoldgate bosses
The former directors of Cotswoldgate moved a step closer to facing legal action for wrongful trading after the administrator of the collapsed housebuilder confirmed to creditors his intention to liquidate the company.
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Pidgley defends £31m bonus
Tony Pidgley, Berkeley Group’s chief executive, has defended his decision to award himself a £31m bonus amid one of the housebuilding sector’s worst fortnights in recent years.
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Chase Norton forced to sack 107 after financial troubles
Chase Norton Construction has made 107 of its 123 staff redundant after falling into administration last week.
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NewsCall to protect homeowners from sale-and-leaseback hard sell
CIH demands government regulation to prevent targeting of vulnerable homeowners, alongside mortgage rescue scheme
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NewsHow Sir Howard Bernstein plans to regenerate Blackpool
The new chair of ReBlackpool talks to Chloe Stothart about reviving the fortunes of the seaside resort
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NewsUK homes target needs more local sensitivity
Report says target for 3 million homes is unsophisticated enough to meet local economic challenges
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NewsBarratt shares jump on bank deal
Housebuilder close to refinancing deal as it confirms 1,200 jobs will go
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NewsLondon mayor plans 50,000 affordable homes
Boris Johnson scraps London-wide 50% affordable housing target in favour of individual targets for different boroughs
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NewsHousing Corporation promotes free low-energy light bulb offer
Corporation writes to housing associations to encourage participation in scheme giving away free bulbs to tenants
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NHF slams LibDem plan to buy up unsold homes
National Housing Federation objects that most privately built housing would not meet social housing standards
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NewsInterserve group to build £200m Thames Gateway water scheme
Contractors named to build east London desalination plant accused of being a pollutant
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NewsRedrow slashes more jobs and closes two offices
Housebuilder responds to market collapse as reservations fall 55% over past six months
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NewsBovis Homes cuts workforce by 40%
Housebuilder announces more job cuts as completions fall 35% in first half of year
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NewsSelected councils to offer one-stop housing advice
Minister names first wave of 12 local authorities to receive £350,000 to develop an integrated housing advice service
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Mortgage lending in May down 44%
Council of Mortgage Lenders says lending levels significantly lower than last year's figures
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NewsWhat slump? Barratt starts work on 2,000-home scheme
Developer begins construction on PKS Architects project in Canada Water, London, despite pressures of housing downturn
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Vince Cable calls on government to prop up housing market
Liberal Democrat says programme to buy up unsold homes for social housing must increase hundred-fold
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NewsMayor pledges £60m to tackle London’s empty homes
Boris Johnson announces new funding to recycle London’s 84,000 empty homes into affordable housing
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NewsConnaught rides high in social housing market
Contractor's full-year results to be on target, with a booming order book this year
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NewsCredit crunch has spread to Europe, warns Savills
Financial squeeze now affecting many European markets, according to property consultants