Slide 1

Katie Bond, Director of Notting Hill

Home Ownership

Slide 2

Slide 3

NO

•Are there any new ideas?

•Solution is in delivering them differently.

Slide 4

Slide 5

• Over 3 years supply

in long term land

banks.

• 72,000 plots with

outline consent stuck

in planning system.

Slide 6

• National Government need more

housing to be delivered.

• Need ambitious targets.

• Devolve power – make it work for

Local Government.

Slide 7

• Westminster ‘Stick’ – obligate Local Authorities to CPO land stuck

in land banks and provide as serviced plots.

• Switch grant to these serviced plots.

• Sticks by themselves won’t work…

Slide 8

• Devolve power to Local Government.

• Free reign on type of housing that is delivered.

• Increase borrowing caps for those who want to build.

• Offset it against those who don’t.

Slide 9

Slide 10

Drainage Roads

• Serviced plots = self build and small builders.

• Reduce upfront costs and risks.

Slide 11

Penkhull, Stoke on Trent

Self build in Europe

• Self build only 7% of UK

market.

• Unmet demand for self

build in UK.

• Penkhull project in Stoke

on Trent delivered 6 self

build houses through

serviced plots.

Slide 12

Almere, Netherlands, the custom build model

Slide 13

Slide 14

Home How it Serviced Design Build Models works plots

LAND

DESIGN

BUILD

Identify and purchase service plots

Enter your requirements and design your home.

Look through our approved contractors and select one to build your home.

Start designing now

CLICK HERE

Take the tutorial

Slide 15

• 500,000 16-24 year olds not in

education, employment or training.

• Nationwide construction

apprenticeship scheme.

• Jobs to deliver serviced plots.

Slide 16

• Average price of UK home is

£172,000.

• Average price of London home

is £437,000.

• Service plots sold at subsidised

level.

• Value restriction on title.

• Government mortgage

guarantee.

Slide 17

• Land will be cheaper.

• Online self design reduces costs.

• Self build reduces build costs by 15-20%.

• Value restricted in perpetuity.

CPO / reduced

land value

Initial home

value

Yearly inflation

(CPI)

Ongoing home

value

Initial home

value

Build costs +

builder margin

Slide 18

Slide 19

Anyone can access an affordable home but no one

makes huge profit.

Better communities.

Slide 20

230,000

additional

homes

No additional

grant

HRA

headroom not

reduced

Slide 21

230,000

additional

homes

No additional

grant

HRA

headroom not

reduced