Ellis Sims MRICS

Sector News: Key Insights from the English Housing Survey 📊 The latest English Housing Survey data reveals key insights into the UK rental sector. The survey highlights trends in housing conditions, affordability, and tenant satisfaction. Notably, the private rented sector continues to grow, with an increasing number of families and older tenants. Issues such as affordability and quality of rental homes remain significant concerns. Read more: https://lnkd.in/daRHKn32

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UK Housing Crisis: The Benefits of Commercial Conversions? The UK's housing crisis is a complex issue with far-reaching consequences. We explore a potential solution: the conversion of commercial properties into residential units. By repurposing underutilised buildings, we can increase housing stock, create vibrant communities, and address the urgent need for affordable living. However, this requires careful planning, regulation, and investment. Read our latest article below: https://lnkd.in/giZk-wUa #housingcrisis #affordablehousing #urbanplanning #commercialrealestate #citylife

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🏘️ Our Senior Consultant Amy Ingham is attending LD Events Property's Annual Build To Rent Conference today in London.   At The Good Economy, we believe BTR has an important role to in meeting the diverse housing needs of different places and that long-term, institutional investment into the wider BTR sector is critical to delivering the housing the country requires.   In this recent article, Amy captures insights from our work with clients investing for impact in the BTR sector. If you're at today's event she would love to discuss what we’ve learned about building positive social impact, what ‘good’ looks like and how to achieve it.   Read: 🔑 10 Key Insights: What we’ve learned about driving positive social impact through Build-to-Rent: https://buff.ly/4ikWw7R   #LDEResi #BuildToRent #SocialImpact #UKHousing #HousingCrisis #GoodEconomy

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🏡 April Newsletter: Number Play - Impact of Government's Affordable Housing Project on Private Developers In last month’s Number Play, we delved into how the government's affordable housing project is likely to affect private property developers. What will this mean for those focusing on one- to three-bedroom flats, targeting 20-60 units? Discover the potential impact on returns and more. You can read our analysis here: https://bit.ly/3K7s018 #AffordableHousing #PropertyDevelopment #analysis #HousingMarket #InvestmentReturns

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Unlocking Potential in Land Development 🌟🏡 The UK property market is evolving rapidly with rising demand and changing needs. Our latest guide covers everything you need to know about land acquisition, development, and sales. Discover how to navigate new legislation, shifting demographics, and future housing needs to create value and maximise returns. Ready to unlock the potential in land development? Dive into our comprehensive guide today! Read more: https://ow.ly/r6uv50TjPrZ #CentrickInvest #LandDevelopment #PropertyInvestment #UKProperty #DevelopmentGuide

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Will the UK meet its goal of building 1.5 million new houses in the next five years? This Land CEO, David Meek, explains some of the barriers to meeting the demand for housing—in particular, social housing. #HouseBuilding #RealEstate #PropertyDevlopment #Planning #NPPF

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Are you aware of the new opportunities for SME developers since the NPPF reforms? 🏠 New Opportunities for SME Developers in NPPF Reforms: The latest updates to the National Planning Policy Framework (NPPF) offer a crucial lifeline for SME housebuilders. The government recognises the difficulties these developers face in accessing small sites, which are essential for their projects. Despite the NPPF’s requirement that 10% of housing sites should be smaller, local authorities often miss this target, limiting opportunities for smaller developers. Key Government Proposals: • 📊 Mandate the 10% small site allocation. • 🏘️ Clearly define the criteria for small and medium sites. • 🗂️ Develop tailored strategies for small site allocation by each local authority. These proposals aim to level the playing field, ensuring more small sites become available and supporting the growth of SME developers. If you’re interested in navigating these changes and exploring new opportunities, feel free to drop me a message. 📩 Let’s discuss how these reforms can benefit your business! 📧: [email protected] #SMEDevelopers #RealEstate #Housing #SmallSites #Growth #VirginLand #wefindland #landacquisition #propertydevelopment

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According to this Inside Housing feature, Savills report that shared ownership has added £6.5bn to housing associations’ turnover over the past decade. The income has come from first tranche sales and staircasing. Yet the same report includes data that: “a relatively small proportion of shared owners reach 100% ownership”. Sounds like shared ownership is working better for housing associations than for shared owners. #SharedOwnership https://lnkd.in/edm7js-D

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🧱 The New Homes Quality Board has released the first insights and guidance on #Snagging.   Read our summary for both buyers and developers ⬇️   #RealEstate #NewBuilds #QualityAssurance 

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A round-up of BTR and SFH acquisition news from Q2 2024: Legal & General acquired 41 SFH BTR homes in St Neots from Stonebond. Connected to schools, employment, transport and amenities, the development forms part of the wider Wintringham masterplan being delivered by Urban&Civic: https://lnkd.in/eVzWq-ub Cole Waterhouse acquired the former Hilti headquarters in Trafford. It plans to develop a mixed-use, residential-led development using its experience and knowledge gained from developing the Eda scheme: https://lnkd.in/e9trxJ6g Hearthstone Investments purchased 45 SFH BTR homes in Exmouth from 3West Group, located on its Goodmores scheme: https://lnkd.in/e8NTrVM2 Amro Partners acquired Lewisham Retail Park to deliver a landmark ESG-leading development. Plans include c.1,000 rental homes - with BTR forming a significant proportion: https://lnkd.in/ejzZtyf3 Placefirst acquired 34 homes at the Priors Hall Park development in Corby, from Jelson Homes. With handover expected in December 2024, the £8m forward funding deal also marks Placefirst’s expansion into the East Midlands: https://lnkd.in/eJcPw9re Expanding its UK portfolio, Starlight Investments acquired a completed BTR development in Leeds. The scheme includes 111 apartments and several amenities including a media room: https://lnkd.in/euiDrn_Z Lloyds Banking Group's Lloyds Living (previously Citra Living) acquired 87 rental homes in Edinburgh from Barratt Developments. The acquisition honours the strategic partnership between the pair, which was formed in 2021: https://lnkd.in/eDCwXwe6 PGIM Real Estate acquired Signature Senior Lifestyle - Developments, whose portfolio currently consists of 13 senior living communities. Ten schemes are operational and three are consented developments: https://lnkd.in/eJ5cWhd6 Starlight Investments acquired a second scheme this quarter in Kent. The seven-building development is currently under construction with Bellway London Partnerships, and will deliver 232 new apartments and several amenities including a 2,000 sq ft rooftop terrace: https://lnkd.in/eSf6SJpe Sable Capital Partners LLP acquired the Wickside BTR development in Hackney Wick from O'Shea Group and Galliard Homes. The scheme includes 176 apartments and a range of duplexes and townhouses. The first apartments are expected to be delivered in 2025: https://lnkd.in/eJ-UzCw4 #btrnews #btr #buildtorent #sfh #sfr #singlefamily #residential #builtenvironment

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Newly tabled reforms to the National Planning Policy Framework created a promising but ambitious plan for UK developers to contribute more affordable housing across the country. But the challenges are complex and the impact to existing schemes could create roadblocks. https://lnkd.in/g_yxQyT3 #CRE #UKdevelopment

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The number of Build To Rent developments has reached more than 120,000, a 23% increase over the past 12 months and 67% of Local Authorities in the UK now have BtR as part of housing delivery plans. But construction is sharply down. Analysis, carried out for the British Property Federation by Savills indicates that regulatory and tax changes are hurdles for the sector. https://ow.ly/cHeR50TSmQr Stay on top of BtR developments with news and analysis from thesectorscope.com

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Episode 133 of 50 Shades of Planning, which is brought to you in partnership with Cratus Group, is available now via this link or from iTunes, Spotify, etc. Last week, on NPPF deadline day, I was in Manchester and took the opportunity to catch up with friends of the podcast Katie Wray, David Diggle, Greg Dickson, Mark Parkinson and Claire Petricca-Riding at the studios of Reform Radio. Conscious that the podcast has covered the revised NPPF in episodes 128 and 131, we talked about some of the other current hot planning topics. We talked about brownfield passports and why existing tools in the box are not being used already; we talked about the Labour Party Conference, which led on to conversation about a Plan for England; and we talked about what the New Towns Taskforce would need to do to meaningfully advance that agenda. And then we talked a bit more towards to the end about brownfield passports again. My thanks to Katie, David, Greg, Mark and Claire; to Jamie Green for recording us; and to Peter Banks for production support. 50 Shades of Planning is the podcast by planners and for planners so if you would like to use it as a platform for sharing anything you think that we need to be talking about then do please feel free to get in touch with me via [email protected]. https://lnkd.in/e_HK7AqW #planning #townplanning #development #podcasts

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🏗️👷 One of the Biggest Challenges Facing Property Developers... David Alcock, MD at Blend, highlights a critical issue: land supply. Post-pandemic recovery, mini-budget turbulence, and a broken planning system are making it tough for developers. Sentiment is improving, but his belief is that there's a pressing need for a new Help to Buy scheme. What do you think is the most significant hurdle for developers today? #PropertyDevelopment #SMEs #Finance #DevelopmentFinance #HousingCrisis #PlanningSystem Article Source: https://hubs.la/Q02CQrZw0 Blend Network

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The Development Bank of Wales and HOUSING GROWTH PARTNERSHIP LP invested €16.7m in Edward's Homes Inc. ' residential project in Connah’s Quay, North Wales. #DevelopmentBankofWales #HGP #housinggrowthpartnership #investment #EdwardsHomes# residentialproject #ConnahQuay #NorthWales #europere #topstory #property #story #news #Europe #europerealestate https://lnkd.in/eDNbRvwM

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Macfarlanes reports OPRE is UK real estate’s ‘£1tn opportunity’: https://lnkd.in/esCW5D_3 cc Dan Marriott and Robert Porter #btrnews #btr #buildtorent #research #insights #residential #marketinsights #residentialproperty #builtenvironment

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Operational real estate represents a £1tn opportunity. Our newly launched report, “Fully Operational: The Future of Real Assets”, featured in BTR News, explores the trends and opportunities shaping this dynamic sector and its evolving role in real estate. Interested in discovering what the future holds for real assets? Register your interest to receive a copy today: https://lnkd.in/eaJQ5ddG #RealEstate #OperationalRealEstate #FutureOfRealAssets

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