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Tesco to build homes in London

Tesco is to build homes for its employees and key workers in London in a bid to counter the shortage of affordable housing in the capital.

The country’s largest supermarket chain will trial the scheme in Streatham, south London, where it is building 250 flats next to its store.

Tesco says that if the trial is successful it is likely to include staff housing in further developments.

It is understood that more than 100 of the 250 flats will be let at affordable rents, with 13 reserved for Tesco staff.

A housing association will manage the sale of the flats. Tesco staff who rent the properties will be treated no differently from other tenants and will not have to vacate the properties if they leave their supermarket jobs. The Streatham development will also include a leisure centre and ice rink.


A different way of ranking networks

For some time, intermediaries and lenders have been asking when a table will be printed that looks at all networks rather than just the ones that have mortgage and protection authorisation from the regulator.

Council Tax could rise by 3.9%, warns LGA

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Chelsea changes fixed rate deals

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EPC can tackle climate change, says NHER

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What triggers the MPAA?

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