The Government first announced plans for a shared ownership right to buy in October 2019. At the time the sector raised concerns about the impact the plans would have on housing associations ability to borrow. An election and a pandemic later the Government announced, during the CIH Housing Festival last week, the return of the right to shared ownership as part of its Affordable Homes Programme (AHP).
The rejuvenation of the Riverside Opportunity Area, formerly known as South Bank, will be one of Peterborough’s largest regeneration projects in two decades. Despite facing similar funding challenges to local authorities across the country, Peterborough City Council is pushing forwards with redevelopment plans by seeking a private sector joint venture partner to complete the project with.
The partnership, which should last for 20 years, could result in a mix of new residential, commercial and leisure developments at Riverside, as well as the expansion of existing green spaces within the area. It may also see the re-use of historic buildings and the creation of a new iconic bridge across the River Nene.
Anthony Collins Solicitors have been appointed to advise the Council on its procurement process to find a private sector partner, as well as preparing the legal framework for the joint venture and future developments.
Chris Plumley, partner at Anthony Collins Solicitors, said: “The innovation and vision of Peterborough City Council proves that it is still possible to undertake major re-development despite a reduction in readily available funding. Riverside is set to be extremely important in stimulating growth across the City and we are very excited to be working alongside them on this landmark scheme.”
Councillor Marco Cereste, Leader of the Council and Cabinet Member for Growth, Strategic Planning, Economic Development, Business Engagement and Environmental Capital, said: “We want Riverside to become a thriving, high quality quarter, reconnecting this area into the city centre. We are striving to make Peterborough bigger and better – and this is a very important part of how the city will develop over the coming decades.”
Two final pieces of the possession jigsaw have been published on 15 September 2020. Mr Justice Knowles’ working group on possession proceedings has issued its guidance on the “overall arrangements” for possession proceedings.
One change proposed by the Building Safety Bill is the introduction of a duty holder regime, which will see statutory responsibility for the safety of higher risk buildings placed on key individuals
Throughout this pandemic, the Competition and Markets Authority (CMA) has been publishing various “Statements on Coronavirus” (Statements) which provide guidance on consumer rights during this time.
A recent increase in COVID-19 cases in the UK means new measures are being put in place in an effort to reduce the risk of a second wave. Whilst the impact of COVID-19 continues to be felt, it is important to remain focused on the sector’s road to recovery.
Sometimes half an hour at a conference gives you the reality that has been staring you in the face all along. That was my experience watching “Change is on the Horizon”
Following our recent e-briefing on Possession Notices, Helen Tucker and Emilie Pownall from our housing litigation team discuss the impact of the changes on social landlords.
Not only has the possession stay been extended until 20 September, the notice periods to be given to tenants has been extended in certain circumstances with some important exceptions.
The Court has confirmed that a party cannot withhold its consent in order to re-write the original bargain.
Following the Grenfell Tower tragedy, building safety continues to be a key concern for social housing providers and their residents.
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