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Building and acquiring homes

What we know

  • New Build and acquisitions are a means of:
    • Meeting hidden and unmet demands
    • Attracting younger people into our homes
    • Enabling successful communities and sustaining tenancies
    • Improving the quality, popularity and desirability of our homes and estates
    • Meeting tenants' changing needs and increasing aspirations
    • Providing energy efficient, adaptable, lifelong homes
  • Our customers and communities need:
    • More of the right homes in the right locations
    • Estates and homes that are well designed
  • Construction requirements are changing as a result of the Hackitt review
  • We have an environmental responsibility to reduce the carbon footprint of our homes

Challenge 13: A need to build and acquire the right new homes in the right locations

To meet this we will…

  • Operate within our identified geographical footprint 
  • Identify affordable housing need within our core operating area
  • Acquire former right-to-buy properties within our core operating area
  • Develop geographical heat maps within our core operating area and the wider north east

 

Challenge 14: A need to be competitive when bidding for land-led developments

To meet this we will…

  • [Competitively] tender for consultant and contractor services
  • A review of standard building contract amendments and associated warranties

 

Challenge 15: Changing design and quality needs and aspirations of current and future tenants

To meet this we will…

  • Develop a selection of house types for general needs and adapted living
  • Implement a design code for house types

Challenge 16: A desire to meet our social purpose and grow the organisation by increasing our stock of affordable homes

To meet this we will…

  • Balance house types, affordability and build/acquisition units
  • Modify future development targets taking into account our wider social purpose

Percentage of units secured against business plan targets over a 3 year period

 

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