Lovell has revealed plans to build 420 shared ownership homes across the UK.
Over £11.7 million has been awarded to the company by the Homes and Communities Agency (HCA) via the Shared Ownership and Affordable Homes Programme 2016 to 2021.
New housing will be developed across the UK, principally in the Midlands, Yorkshire, Greater Manchester, Merseyside, and the Bristol areas.
The Government has announced a major expansion of its £7 billion 'affordable' homes programme, designed to increase the number of 'affordable' housing.
Lovell managing director Jonathan Goring said: "The success of our funding bid reflects Lovell's strong record of helping people into home ownership through the delivery of high-quality homes available through a range of tenures.
"We're delighted to be able to help even more aspiring homeowners across the UK on to the property ladder using this newly-secured funding. Our regional teams look forward to starting construction work on these much-needed new homes."
Time and date
Plans have been submitted for the second phase of a £70 million mixed-use development near Manchester. Developer Nikal is aiming to continue work on the Altair scheme, a new major residential, leisure and lifestyle Quarter in Altrincham town centre designed by architects Stephenson Studio. Eric Wr
Interserve has revealed the cost of exiting its Energy from Waste (EfW) business has more than doubled from £70 million to £160 million. The Board announced an exceptional provision of £70m in May last year to cover exit costs. However, in a trading update today, 20 February, the Board revealed it
Bovis Homes has revealed plans to slow its build programme after a "difficult" year. In its final results for the year ended 31 December 2016, the company is making a one-off £7 million customer care provision due to "weaknesses in our production process and a high level of customer service issues"
The Welsh Government is to build a new £2.5 million manufacturing facility for photonic producer Qioptiq. The purpose-built centre, which will be developed on Qioptiq's premises on St Asaph Business Park, is being delivered after the firm won a £82m contract with the Ministry of Defence (Mod). Und
Industry consultancy Waterman has appointed Andy King as a director of its structures business in the North of England. With 25 years' industry experience, Mr King has worked with a number of high profile businesses over the course of his career, notably Ramboll and the Halcrow Group. He joins the
Industry consultant Turner & Townsend (T&T) is to merge with UK-based specialist asset advisory company AMCL. The deal will see the two companies join together to bolster their offering in advisory, programme management, project management and cost and commercial management services. AMCL's global
Murphy Group has strengthened its design expertise by acquiring AECOM Design Build Ireland (ADBI). The deal will expand the Group's existing presence in the sector by bringing significant design, engineering, commissioning, operations and maintenance skills to its water sector offering, notably in
Work is continuing on a road bridge repair project in Leicestershire. The structure on Grove Lane in Barrow upon Soar is scheduled to reopen on Monday, 27 March. Pieces of the bridge fell onto the tracks overnight in August last year, resulting in train services bound for London through the East M
Soteria Asbestos' Managing Director (MD), Suzanne Smith, has been shortlisted for the East Midlands Enterprising Business Woman of the Year award. The nomination follows an amazing first two years for the Retford business; winning Best New Business at the Gainsborough Business Awards and Ms Smith w
Lite Stone has announced a special deal on Mare sheet orders until the end of March. Customers who use the MARE15 voucher code on the My Cart page of Lite Stone's online store will receive a 15% discount. Just simply click the 'apply voucher' button and type in the code. Mare Slate Veneer is a cla