£6.2 million project for 35 new affordable homes put on hold
May 31, 2019
A multi-million pound project that will see the town of Peterborough having an additional 35 affordable homes has been put on hold following a challenge – Peterborough City Council said the project was to help to get people off their housing list. The planning was for the homes to be built on Crowland Road in Eye Green and subject to planning approval would be ready in October 2019 to July 2020.
The current issue is that the county’s mayoral body has said their spending budget had been ‘inadvertently overlooked’ re affordable housing for rents. The decision to build remains in the balance and will be debated by a council scrutiny committee.
Full story can be read on Peterborough Today website.
You May Also Enjoy
Manchester tops decade of property price growth with London bottom
New long-term analysis from the UK’s largest property platform Rightmove reveals that Manchester is the fastest growing city for prices over the last 10 years, while London is the slowest The average asking price for a home in Manchester is up by 63% compared with 10 years ago, by contrast prices in London are only…
Read More 
Second home hot-spots hit hardest by property slump
New analysis finds second home hot-spots, as well as London, lagged well behind national average growth Rathbones warns of relying on property to fund retirement, with research showing that equity portfolios outperformed housing by six times Housing in areas with high proportions of second homes lost more value in real terms in 2025 than the…
Read More 
Strong demand for buyer support schemes
Less than 2% of homes for sale offer buyer support schemes despite strong demand – More than one in three scheme-backed homes already sold as affordability pressures continue to drive buyer demand The latest analysis from London estate agent Benham and Reeves has revealed that homes offering buyers additional support through affordability and purchasing schemes…
Read More 
A quarter of homebuyers think AI search will become more important than portals
New research from UK Property Development (UKPD) suggests that artificial intelligence could be poised to reshape the homebuying journey, with a quarter of recent homebuyers believing AI-powered search will soon overtake traditional property portals as the primary tool for finding a home. The findings come from a survey of 500 homeowners who purchased a property…
Read More 
East of England struggling to meet demand for large family homes
The East of England is facing a growing shortage of large family homes, according to new analysis from UK Property Development (UKPD), creating increasing challenges for buyers leaving London in search of more space, better quality of life, and access to one of the capital’s most desirable commuter regions. UKPD analysed live property listings data*…
Read More 
One in four tenants evicted a month ahead of the Renter’s Right Act
New analysis of 150,000 tenancies by COHO reveals that the Renters’ Rights Act (RRA) drove an estimated 73,900 additional tenancy eviction notices since 2023, with nearly 20,000 issued in the final month before the legislation came into force on 1 May. The data released this month by the property management software developer, revealed a sharp rise in evictions,…
Read More