Housing shortage
Latest figures indicate that nationally only around 160-165,000 new house are being built every year – well short of the government’s target to build 300,000 new homes a year. At a scrutiny meeting this week, cabinet member for housing Councillor Ed Ruane said: “It is not rocket science – we need to build more homes and we need to be less timid when people object to house building. “We need to be building houses at a much quicker rate than what we are.”
Temporary accommodation
Coventry City Council no longer owns any council housing after the stock was transferred to Whitefriars Housing Group in 2000. But it is looking at ways to get homeless people into more suited temporary accommodation and recently agreed to enter into a £1.7m lease to place them into Caradoc Hall as just one measure.
Women on the streets
Calls were also made for stand-alone support for women who end up on the streets due to abuse. Ms Morley added: “We would also like to see some provision for women as well. If you have been subject to any kind of abuse it is currently not fit for purpose.” A consultation ended on December 18 and will be presented to cabinet and council for approval in February. By Tom Davis, Local Democracy Reporter Source: Coventry TelegraphIf you are planning a property purchase or need funding for a business or investment project, get in touch and we will talk through what fits your situation.
Commercial Finance Network is a whole-of-market FCA authorised commercial finance specialist working with property investors, developers and businesses across the UK and internationally.
Commercial Finance Network is directly authorised and regulated by the Financial Conduct Authority.
Your property may be repossessed if you do not keep up repayments on a loan secured against it. Commercial and business-purpose lending secured against investment property is not regulated by the Financial Conduct Authority.
Call: +44 1494 622 111
Email: info@cfnuk.com

