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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

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

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  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

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