On 29th March 2019 House Network Limited trading as House Network entered administration, Universal Acquisitions Limited acquired the trading rights of House Network on 29th March 2019 and subsequently ceased the trading activities whilst the business is restructured.
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It has been hard to avoid the recent headlines around the plight of Britain’s high streets, with high-profile brands such as House of Fraser and Debenhams most recently hitting the headlines due to store closures. In the midst of the commercial chaos, however, there may be a silver lining for property as a new report has shown that vacant units in towns and cities could be used to deliver 45,000 new homes.
The recently published report from planning and development consultancy Turley, has indicated that a proactive mixed-use development strategy could be key in addressing the current housing crisis. A conservative estimate of 45,000 new homes could be delivered by using existing vacant spaces, whilst more homes could be created if the height of buildings was less restricted.
“Our report is an attempt to put forward a positive vision for the future amidst the negativity that currently dominates the conversation. This starts with debunking the myth that the high street is dead,” he added.
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