The housing market today - read the latest update by David Shelton
Published by Alison Schur for Shelton Development Services in Housing
Twenty years ago when SDS started trading, life in the social housing development world was very simple and straightforward.
You found a scheme, you applied for some grant and you built it.
True, it was all very unsophisticated: grant might be allocated, but that was no guarantee of receiving it when you needed it; providers of private finance in the post 1988 Housing Act era were still trying to understand the risks; there was no policy of linking rents to public subsidy; private developers tried their best to get rid of their s.106 planning obligations and generally associations and developers viewed each other with deep suspicion because neither understood each other.
READ NEXT »