Housing association signs deal to deliver 25,000 modular homes

Reports that a UK housing association has agreed a joint venture with a Chinese state-owned construction company 'to build 25,000 modular homes over the next five years' feature in today's newspaper round-up.

Your Housing Group, "which currently manages 33,000 affordable homes across the North West, Yorkshire and the Midlands, has agreed to partner with China National Building Material Company (CNBM) to build the homes, alongside WeLink, a renewable energy company", the Telegraph reports. The newspaper says that, "as part of the deal, which has the support of the government, CNBM will build six factories in the UK, creating 1,000 new jobs".

Traders at a South American market "fighting plans to demolish and redevelop their stalls now face a nervous wait over Christmas to see if they will be forced to sell up", London’s Evening Standard reports. The newspaper says that "owners of stalls in the Seven Sisters Indoor Market in Tottenham are in a fight against Haringey Council and developer Grainger which have long planned a ‘comprehensive redevelopment’ of the 3,600 square metre area".

New research has found that the total value of Britain’s 28.9 million homes has risen by more than 7 per cent in 2016 to reach a total of £8.17 trillion, the Guardian reports. The newspaper says that "this means the average property has gone up in value by £56.57 a day, according to property website Zoopla, which named the Norfolk market town of Diss as ‘the year’s biggest winner’ when it came to price growth."

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