Match-maker service for stalled S106 housing projects

Aaron Morby 2 days ago
Share

A new match-maker service aims to break the logjam in unbuilt affordable homes committed to by developers in section 106 planning agreement.

The new clearing service set up by Homes England aims to hook up developers with social housing landlords after developers complained they cannot find takers for affordable homes schemes as housing associations become stretched for cash.

Nearly 300 organisations from across England have signed up for the new Section 106 Affordable Housing Clearing Service to help unlock delivery.

A further 70 house builders have already registered to provide details of affordable homes they have planning permission to build, alongside private homes, but have been unable to find a buyer for.

They join 140 registered providers of housing and more than 70 local authorities who have already registered for the service as potential buyers.

Homes England chief customer officer Ian Workman, said: “This is a relatively simple but potentially impactful service that means greater visibility of opportunities to get affordable homes sold and occupied. I would urge house builders in particular to register and add as much detail as they can.”

Housing minister Matthew Pennycook said: “We recognise the challenge posed by the reduced appetite of registered providers of social housing to buy affordable homes delivered under section 106 agreements.

“The new clearing service we have worked in partnership with Homes England to establish will help improve the functioning of the market and unblock the delivery of section 106 affordable housing.”

Hundreds of developers and providers have already come forward to engage with this new service and real progress is being made as a result.

For more information click here.

Latest news

McAlpine under fire after another panel comes loose from hotel

High winds cause more problems at recently completed Woking hotel
2 hours ago

Four arrested after hospital construction site burglary

Damage and copper wiring stolen at Hinckley and District General Hospital new building
6 hours ago

McAlpine clinches £1.25bn Port Talbot low carbon steelworks job

Deal to build one of the largest electric arc furnaces in the world
1 day ago

McLaren to build top-down on £60m New Bond Street contract

Contractor working to tight technical guidelines on busy Mayfair site
14 hours ago

Project delays dull Van Elle first-half results

Piling specialist upbeat about year ahead as order book up 24%
14 hours ago

Aggregate Industries appoints new contracting chief

Kevin Murgatroyd promoted to new role
14 hours ago

Bouygues wins Immingham £170m import jetty job

French civils firm to build bulk ammonia import facility for hydrogen economy
1 day ago

Plans in for latest phase of Leith port revamp

Construction to start this year on transforming waterfront
14 hours ago

Avant Homes starts redundancy consultation

Jobs under threat at Central region
2 days ago

Plans in for Barnet leisure park and 1500 homes

Regal to redevelop Great North Leisure Park in Finchley
2 days ago

JRL wins shell and core for £400m London scheme

220 Blackfriars Road project will rise to 21 and 15 storeys
2 days ago

Robertson strengthens East Midlands leadership

Woodcock promoted to ops director and Brown joins from BAM as commercial director
2 days ago

Match-maker service for stalled S106 housing projects

Clearing website to release logjam of unbuilt developer affordable home commitments
2 days ago

Turnover flat as Glencar rethinks strategy

Industrial and logistics building specialist targets "the right type of work"
2 days ago

McLaren lures another director from McAlpine

Glen Harding to help grow recently launched construction management division
2 days ago

£200m Edinburgh Lloyds HQ redevelopment plan

Landmark Port Hamilton building revamp is Edinburgh's largest ever pre-let deals
2 days ago

Chinese super embassy plan edges closer to go-ahead

Met Police drop concerns about Royal Mint site next to Tower of London
3 days ago

GMI delivers just £1m profit after clearing legacy job

Revenue falls 29% to £232m after 'controlled consolidation'
3 days ago

Construction set for gradual two-year recovery

Construction Products Association says Government will need to deliver on pro-growth strategy
3 days ago

Costain order book swells to £5.4bn

HS2 tunnel fitout and power supply jobs help to lift orders by £1.5bn
3 days ago

Hill to start £450m Coventry City Centre South

Hoardings go up for building start this summer
3 days ago

Green light for next phase of Berkeley Fulham site

Go ahead for towers of 28 and 38 storeys and a podium building of seven-storeys
3 days ago

Nearly 40 solid wall insulation firms suspended

Botched work scandal rocks Government home insulation programme
6 days ago

Manchester 18-storey top-heavy tower approved

Office scheme oversails 19th-century buildings at street level
6 days ago

Travis Perkins fined £2m after timber falls from lorry killing driver

Father-of-three Jack Stevens, 28, died when plank went through his windscreen
6 days ago

Plan approved for Oxford homes and life sciences quarter

Major enbling work package to start at Oxpens site
6 days ago

Slow spending by Network Rail hits Renew profits

Infrastructure giant reports slow start to £45bn CP7 spending round
6 days ago

Cartel watchdog drops probe into cement admixtures

Probe closed as no longer an 'administrative priority'
6 days ago

Bid race begins for £1bn concrete road replacement deal

National Highways invites bids for Legacy Concrete Roads Reconstruction framework
7 days ago

Groundworks specialist Kaybridge faces liquidation

£30m turnover contractor has been in business since 1972
7 days ago

Contractor services