David Cowans Group Chief Executive Places for People
The UK Context Social housing exists to provide housing at discounted rents to those who cannot afford to pay market rent. There are 4.1 million households in social housing in the UK –1.9m renting from Registered Providers –2.2m renting from Local Authorities Source: Office for National Statistics 64% of households in social rented properties receive housing benefit 26% of households in private rented properties receive housing benefit
Housing Tenure Trends in UK Housing Tenure 1980 to Source: CLG Owner occupiers Social renters million households Private renters If these trends continue, there could be over 5.5m private rented households by
Social Changes Number of households now stands at 22.1m Number of households anticipated to grow by 221,000 per year or 2.2m by 2021 to reach 24.3m 1 in 6 people now aged over 65 1 in 4 people will be aged over 65 by 2050
Dwelling Completions 1949 to 2012 (England) The Housing Challenge Source: CLG
About Places for People One of the largest property management, development and regeneration companies in the UK Assets in excess of £3 billion Manage more than 143,000 homes across the UK Work with 230 local authorities and thousands of customers Equivalent of 6,000 full time employees
A range of requirements A range of solutions Affordable Rent Market Rent “Try before you buy” Shared ownership Shared equity Staircasing Supported Housing Equity Release Buy outright
A range of products and services
Brooklands 365 acres
Our Approach Development Masterplanning Partnerships & JVs Services Place Management Facilities management Asset management Individual support Ensuring successful places Facilities Management Sales Regeneration Access Affordable rent Rent conversion Save a deposit scheme Try before you Buy Market rent
A Place for Everyone
Employment Training Leisure Local facilities Education Support Childcare Regeneration Playgrounds Services
Doing Things Differently Innovative funding models accessing new types of funding Improved profitability through efficiency, scale and diversification New business models to cross subsidise activities Flexibility over income groups and tenures.
Flexibility Capability Capacity Making a difference