Transcript Build Your Own Home

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
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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
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
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
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
4. Community Right to Build
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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/
Community Right to Build Funding
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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:
1. Corporate body established
2. Initial proposals developed, project eligibility and
outline feasibility study completed
3. Detailed proposals developed
4. Valid application for a Community Right to Build Order
submitted
Funding Criteria
1. Plans to become a corporate body
2. Evidence of community engagement
and consultation
3. Land identified
4. Plans to secure a legal interest in the
land
5. Clear plans to designate the area as a
‘neighbourhood area’
5. Custom Build Housing
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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
6. How to Bid
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Bidding Prospectus
Speak to the GLA
Application form
Assessment & Recommendation
Contract
7. Further Information
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http://www.london.gov.uk/priorities/housing-land/increasinghousing-supply/build-your-own-home-the-london-way
http://www.gov.uk/government/policies/giving-people-morepower-over-what-happens-in-their-neighbourhood/supportingpages/community-right-to-build
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http://mycommunityrights.org.uk/
http://www.selfbuildportal.org.uk/
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[email protected]
[email protected]
[email protected]