1. Under 35’s
Kent Housing Group
01/02/2017

2. Our current position Commitment to provide housing to under 35’s
132 under 35’s on HB potentially affected within our stock
We are currently still letting to under 35’s

3. Financial Reality 1 Bed Flat - £110.67pw Shared room - £65.66pw
Shortfall – £45.01pw
Figures for Medway

4. Our approach Provide shared accommodation Convert existing stock
Purpose buy for conversion
Stop letting to under 35’s other than on shared basis from 01/04/17
Mitigation program for existing customers

5. Shared Accommodation Considerations Tenancy not license
3 or 4 Bed House would require extensive housing mgt
5 bed or more become a HMO
White Goods, Carpets, Door Locks, Fire Alarms etc.
Conversion costs (est. £5k)
3 rent accounts not 1
Increased Asset costs
Sole gender/age or mixed?

6. Shared Accommodation Solution 2 Bed Flat conversions Pepper potted
Customer involvement in choosing housemates
Kent Homechoice
Shared Utilities responsibility
Establish a sub brand

7. Existing Customers Matching events to link customers
Initially 2 out of 3 will be existing customers
Priority move above new customers for all existing customers