Stonewater secures £100m to bring forward 6,000 homes

Stonewater has secured £100m in new funding following a restructure to maximise capacity to deliver its planned 6,000 affordable homes over the next 4 years. The 33,000-home housing provider has borrowed £75m from SMBC and £25m from existing lender, Nationwide. The funding from new partner SMBC, is linked to sustainability performance so a lower interest […]

Posted by: Nathan Spencer

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Government announces ‘Investment Council’ to maximise UK’s investment offer

Minister for Investment Gerry Grimstone has announced the creation of an Investment Council to act as an advisory body to the UK Government on foreign investment, to improve and enhance the UK’s business environment for foreign investors.  Made up of private sector senior leaders from around the globe in a variety of industries – from technology and energy […]

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State Street Corporation announce senior appointment

State Street Corporation, one of the world’s leading providers of financial services with $40.3 trillion in assets under custody/administration, has announced that it has appointed Aman Thind to executive vice president and global chief architect. In this role Thind will report to Brian Franz, global chief information officer. Thind is responsible for designing the strategy […]

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Later life living developer invests £10m into Solihull site

Later life living developer Pegasus has agreed the acquisition of a 1.4-acre site, which includes the Old St Alphege Rectory with Church of England Birmingham with plans to create 54 later living apartments in a prime location in Solihull which is valued at £10m. Pegasus, part of Lifestory, is delighted to announce the purchase, subject […]

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IR35, Employment Status and Rules & Regulations

On 06 April 2021, delayed a year due to Covid 19, the Off-Payroll Working rules (IR35) changed, rules designed to help HMRC assess whether a contractor is a genuine contractor rather than a ‘disguised’ employee. Contractors who work through their limited company enjoy a level of tax efficiency; they don’t usually get employee benefits (like […]

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Anchor Hanover Appoints Hill For £20m Later Living Project

Anchor Hanover, England’s largest not-for-profit provider of specialist housing and care for people in later life, with newly appointed build partner Hill, have started construction in Chelmsford to create 82 new homes for over 65s. The new development is part of the organisations ambitious vision to provide 3,200 homes for older people across the UK […]

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Landmark Deal For Spring And Sequence Land & New Homes

In a landmark deal, residential home buying service Spring has signed a national partnership agreement with national estate agency network Sequence’s Land & New Homes business to offer fully-funded part exchange and home buying services across the UK. Sequence Land & New Homes can now offer Spring’s guaranteed home buying service to its customers to […]

Posted by: Nathan Spencer

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