Reserves to take the strain

Housing associations should exploit £6.8 billion of spare borrowing capacity to fund new homes, a Housing Corporation report said this morning [more below].

The National Housing Federation will call for housing association self-regulation in its submission to the Cave Review, according to Inside Housing.

A slump in right to buy sales is leading to cuts in housing funding in seven English regions, reports Inside Housing.

Local authorities are making ‘vastly inflated’ claims on the number of empty homes they are bringing back into use, according to Inside Housing.

Yesterday’s figures showing only a small rise in completions of new homes draw criticism from surveyors, house builders and Shelter in the Independent.

Citizens Advice saw 15% more people with debt problems in January than in January 2006.