1 / 11

Build Your Own Home - The London Way supporting custom build housing and community right to build

Build Your Own Home - The London Way supporting custom build housing and community right to build 2 November 2013 Elinor Savage Area Manager, Housing & Land. Today. Mayor’s Statutory Role Mayor’s Priorities Build Your Own Home – The London Way Community Right to Build

arthurflores
Download Presentation

Build Your Own Home - The London Way supporting custom build housing and community right to build

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Build Your Own Home - The London Way supporting custom build housing and community right to build 2 November 2013 Elinor Savage Area Manager, Housing & Land

  2. Today • Mayor’s Statutory Role • Mayor’s Priorities • Build Your Own Home – The London Way • Community Right to Build • Custom Build Housing • How to Bid • Further Information

  3. 1. Mayor’s Statutory Role • Produce a statutory London Housing Strategy • Manage the budget and programme to deliver: • new affordable homes • improve existing social rented homes • other housing initiatives • £1.8 billion up to 2015 • Manage a land and property portfolio of 550 hectares • Deliver a range of major regeneration projects

  4. 2. Mayor’s Priorities • Increase housing supply – 55,000 new affordable homes between 2011 and 2015 • Improve the quality of new and existing homes • Tackle homelessness and overcrowding • Create a single property unit – Land and Property Database • Secure development partners for major sites • Implement an agreed strategy for all property by 2016 • London Development Panel

  5. 3. Build Your Own Home – the London Way • July 2012 – £8m (£5m for Custom Build and £3m for Community Right to Build) • September 2013 – £20m for London • Bidding Prospectus • Open for bidding now until March 2015

  6. 4. Community Right to Build • Localism Act 2011 - new power to communities to build new homes, shops, businesses or facilities without going through the normal planning application process • Community Right to Build Order • Community referendum >50% of local people must agree • Plans must be generally in line with national and local planning policy • Corporate body to further the social, economic and environmental well-being of the local community • http://mycommunityrights.org.uk/

  7. Community Right to Build Funding • Resource funding • Kickstart take up of Community Right To Build • Contribute to the costs of preparing an application for a Community Right to Build Order • Up to 90% of costs • Not development finance • Payment in arrears upon achieving four key milestones: • Corporate body established • Initial proposals developed, project eligibility and outline feasibility study completed • Detailed proposals developed • Valid application for a Community Right to Build Order submitted

  8. Funding Criteria • Plans to become a corporate body • Evidence of community engagement • and consultation • 3. Land identified • Plans to secure a legal interest in the • land • 5. Clear plans to designate the area as a • ‘neighbourhood area’

  9. 5. Custom Build Housing • Homes built or commissioned by individuals or groups for their own use, by building the home or working with builders • Funding available for group self-build, not individuals • Loan funding for up to 75% of the project costs • Interest rates ranging from 2.3% to 11.7% per annum • Qualifying expenditure: • Land acquisition costs • Site preparation costs • Construction costs • S106 planning obligations • Associated professional fees

  10. 6. How to Bid • Bidding Prospectus • Speak to the GLA • Application form • Assessment & Recommendation • Contract

  11. 7. Further Information • http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/build-your-own-home-the-london-way • http://www.gov.uk/government/policies/giving-people-more-power-over-what-happens-in-their-neighbourhood/supporting-pages/community-right-to-build • http://mycommunityrights.org.uk/ • http://www.selfbuildportal.org.uk/ • CRTB@london.gov.uk • Elinor.Savage@london.gov.uk • Tom.Lloyd-Smith@london.gov.uk

More Related