Families move into Foundations’ first rent-to-buy homes

Family outside properties on Park Street, Dingle

Families move into Foundations' first rent-to-buy homes

25th July 2019

Families have moved into the first new build homes built by Liverpool City Council’s ethical housing company Foundations.

Residents are settling into their new homes on Park Street, Dingle, where Foundations has launched its flagship rent-to-buy scheme designed to help people get on the housing ladder.

The 14 three-bedroom homes are the first tranche of new build houses to be included in the company’s rent-to-buy programme.

Among the new neighbours is Julian Gill, 33, and his partner Courtney Greenway, 24. Julian, who is originally from Toxteth, is a videographer and creative designer.

He said: “It feels fantastic to be in our new home. Having a fresh, new house in a fantastic location has had a really positive impact on our lives. It’s hard to quantify, but it’s a very exciting prospect to know that we’ll one day own this home. It really is the perfect place for a new home and for first time buying, as we have everything we need on our doorstep.

“Before this opportunity came up, I was renting from a private landlord. All of my renting experiences have been negative due to poor maintenance, dreadful communication and lack of transparency. Without Foundations, it wouldn’t have been possible for us to get on the housing ladder so soon. Having the freedom to save and get my accounts in shape before buying is a real blessing.”

Under the scheme, people will be able to rent the homes at 80 per cent of the market rent, so they can save the other 20 per cent towards a deposit in order to find a mortgage to buy the property.

They will be given an option to buy their home after 12 months and up to five years at a fair market price based upon an independent valuation at the time of purchase.

The scheme was available to people who live or work in Liverpool and are either first time buyers or who have had to previously sell a home because of a relationship breakdown. Other criteria include being in work but unable to buy a home on the open market due to lack of savings for a deposit towards a mortgage.

Foundations has enhanced the homes on Park Street to include a range of items, including alarms, blinds, white goods and electric appliances, flooring and additional planting to create a high standard of home and also reduce the financial burden of tenants moving in.

Foundations chief executive, Mark Kitts, said: “We’re delighted to see families settling into life in their new homes on Park Street. The aim of our rent-to-buy scheme is to give local people the chance to get a foot on the property ladder and have a stake in their local community.

“This scheme marks the start of an incredibly exciting journey for Foundations. Our vision is to create quality, sustainable homes that help to improve neighbourhoods and the quality of the Liverpool’s housing stock.

“Demand for our first scheme was far in excess of the supply we currently have and we’ll be working hard over the coming months and years to ensure more people can benefit from these opportunities to get a foot on the housing ladder and have a home they can proudly call their own.”

Ends

For further information:

NOTES TO EDITORS FOLLOW

About Liverpool Foundations Homes

Liverpool Foundation Homes (Foundations) is Liverpool City Council’s ethical housing company. Foundations is the flagship housing policy for Liverpool Mayor Joe Anderson, who wants to use the company to rebalance the city’s social housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts.

It has been tasked with creating bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability and to improve the availability of good quality, affordable homes in the city.

Consultation reveals strong local support for Kirkdale regeneration project

L-R Mark Kitts, Liverpool Foundation Homes; Paul Smith; Cllr Joe Hanson, ward councillor for Kirkdale

Consultation reveals strong local support for Kirkdale regeneration project

25th July 2019

Kirkdale Canalside logo

Plans to develop a new high quality housing-led regeneration project in Kirkdale have been strongly backed by local residents, according to the results of a public consultation.

The proposed scheme, called Kirkdale Canalside, is being led by a partnership between Liverpool Foundation Homes, Liverpool City Council’s ethical housing company, and Britain’s former super-middleweight boxing champion, Liverpool’s Paul Smith.

Smith, advised by London-based Lacey Capital Partners, has partnered with Liverpool City Council’s ethical housing company, Foundations, to bring forward the plans to transform this part of north Liverpool and bring about much needed improvement to the environment and the opportunity for employment in construction and the scheme once complete.

If approved, the scheme would provide affordable new homes, refurbished homes and neighbourhoods, community facilities, elderly care accommodation, improved and accessible green space, an eco-park and a new boxing academy to be run by Smith and his three brothers, the most successful boxing family in the UK and holders of British, European and world titles.

Some 92 per cent of local people who took part in the public consultation supported the proposals overall, with more than seven out of 10 people saying they ‘strongly’ supported the ideas.

In total 351 questionnaires were completed over the course of the three week consultation, which took place from 8th May to 6th June.

Support for the individual aspects of the proposals was also extremely high, with local respondents backing the plans for new housing, including specialist elderly accommodation, new neighbourhood facilities and  a new high quality park in the area by receiving more than 90% of support from local respondents.

The proposed scheme area includes the inaccessible and unused railway cutting and neighbouring canal side that run along Melrose Road and Commercial Road through the heart of Kirkdale. The scheme will also look to focus on the ‘flower’ streets and Orwell Road areas.

Almost three thousand homes and businesses in the area surrounding the site were leafleted to invite local residents to two community consultation events at the Gordon Institute on Stanley Road on 17th and 18th May.

For those who were unable to attend, a survey was available for completion online.

With a strong local community mandate in place, Kirkdale Canalside remains on track to conduct a second public consultation on the facilities and designs proposed for the project by the end of the year, which will follow a detailed piece of feasibility work to be undertaken by the team over the next few weeks and months.

Paul Smith said: “We’re very happy with the results of the first stage of the consultation, which have reaffirmed to us that our vision for Kirkdale Canalside is in line with what people in Kirkdale want to see in their community.

“Their feedback will be listened to and reflected in our proposals as we continue to develop our ideas for the potential of this project.”

“Kirkdale Canalside is a fantastic opportunity for the Smith brothers to give back to the community where they were raised and we’re very pleased with the support these plans have received from local residents, who see the overwhelming benefits that this project will bring to the area,” said Cllr Joe Hanson (Lab), ward councillor for Kirkdale.

Liverpool City Council is the sole shareholder of Foundations, which has been set up to improve the availability of good quality, affordable homes in the city. The company, set up by the Mayor of Liverpool Joe Anderson, wants to see Foundations improve the city’s housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts for the council.

Foundations chief executive Mark Kitts said: “Housing has the ability to transform lives and communities and we want our plans for Kirkdale Canalside to inject a new lease of life into the area and bring spaces which have historically been neglected and underused back into public use.

“Our aim is to deliver sustainable, high quality new and refurbished homes that will increase the choice of housing stock available to local people at affordable prices. We were very pleased to see over 350 responses and such strong local support for our plans in the first stage of the consultation and we’ll be working hard to bring these ideas to life during the next stage and show local residents how these homes will look.”

As part of Liverpool City Council’s commitment to eliminate the impact of climate change by 2030, regeneration initiatives such as Kirkdale Canalside will have a significant role to play in terms of the approach to design, and methods of construction which will ensure that the built environment responds positively to provide sustainable homes and leisure facilities for the future.

Chris Lacey, the managing director of Lacey Capital Partners said: “The results of the consultation have shown the strong appetite for high quality yet affordable living in Kirkdale. We want to create a healthy and secure place for people to live and work and this is an exciting opportunity to serve a real need in the city.”

To be kept up to date with activity on the project, please visit the campaign website https://www.kirkdalecanalside.com/.

Ends

Issued on behalf of the joint venture.  For further information:

  • Jon Brown at Influential, for Foundations: 07811 451184
  • Dougal Paver at Merrion Strategy for Paul Smith and Lacey Capital Partners: 078176 29 62 62

About Liverpool Foundations Homes

Liverpool Foundation Homes (Foundations) is Liverpool City Council’s ethical housing company. Foundations is the flagship housing policy for Liverpool Mayor Joe Anderson, who wants to use the company to rebalance the city’s social housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts.

It has been tasked with creating bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability and to improve the availability of good quality, affordable homes in the city.

For more information visit: https://liverpoolfoundationhomes.co.uk/

About Lacey Capital Partners

Lacey Capital Partners provides investment and development advice in the UK residential sector and was founded in 2017 by Chris Lacey who has advised on more than £5bn of successful projects to date.

About Paul Smith

Paul Smith is a professional boxer from Kirkdale, Liverpool, and the former British super-middleweight champion, a title he won 30th October 2009 and held until 11th December 2012, having successfully defended the title previously.

Smith’s career spans 45 fights, including 38 wins, of which 22 were by KO.  He now works with Sky Sports as an expert commentator and summariser as well as retaining various business interests.  He is the eldest of four boxing brothers who between them have won four British and two world titles.

First rent-to-buy homes snapped up at open day

First Rent-To-Buy Homes Snapped Up At Open Day

21st June 2019

Foundations, Liverpool City Council’s housing company, is celebrating the successful release of the first homes under its flagship rent-to-buy programme.

There was significant interest in the new build homes at its Harrington Row development on Park Street, Dingle, with more than 300 enquiries received during the first five days of marketing. All 14 homes were snapped up in under two hours of release.

The three-bedroom family homes are the first tranche of new build houses to be included in the company’s rent-to-buy programme.

Under the scheme, people will be able to rent the homes at 80 per cent of the market rent, so they can save the other 20 per cent towards a deposit in order to find a mortgage to buy the property.

They will be given an option to buy their home after 12 months and up to five years at a fair market price based upon an independent valuation at the time of purchase.

Foundations chair Frank Hont at the Park Street open day
Foundations chair Frank Hont at the Park Street open day

Prospective buyers will start to move in to the new Park Street homes from July 2019.

The scheme was available to people who live or work in Liverpool and are either first time buyers or who have had to previously sell a home because of a relationship breakdown. Other criteria include being in work but unable to buy a home on the open market due to lack of savings for a deposit towards a mortgage.

Foundations chief executive, Mark Kitts, said: “It was fantastic to see such high demand at the launch of our rent-to-buy scheme at Park Street, which saw all 14 homes reserved in a very short time. In particular, we received strong interest from local people and families in the new homes. This demonstrates the strong appetite for home ownership in our city and we’re confident that our rent-to-buy programme will open up exciting new opportunities for first time buyers in Liverpool.

“These 14 homes are just the start of Foundations’ journey and we’ll be working hard as we progress to ensure that even more people can benefit from working with us to help them get a foot on the housing ladder and own a home of their own.”

Foundations chair Frank Hont and Mark Kitts with a local resident
Foundations chair Frank Hont and Mark Kitts with a local resident

The new homes were marketed by Liverpool-based agency Redwing Living. Jessica Turner, sales manager, said: “We’re thrilled that all 14 homes at Harrington Row are reserved and that Foundations have enjoyed such a successful event. This interest generated around the development just goes to show how big the demand is for affordable housing in Liverpool, and how committed we are at Redwing in helping people onto the property ladder.

“The new homes at Park Street are ideal for first-time buyers and offer views of the Anglican Cathedral and the River Mersey. We’re looking forward to working closely with Foundations and the buyers to help them move in and settle into their new homes as quickly as possible.”

Foundations wants either to deliver or start a number of projects across the city over the next two years. These will deliver a mix of affordable and family housing, including apartments, for both sale and rent, as well as bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability.

For more information about Foundations’ rent-to-buy scheme, go to the Foundations website: http://www.cbc034905c1775255d1bd023e-17800.sites.k-hosting.co.uk/liverpoolfoundationhomes/

Or contact the managing agents for the scheme, Redwing Living, at

their website: https://www.redwingliving.co.uk/

ENDS

For further information:

  • Jon Brown 07811 451 184 brown@thisisinfluential.com
  • Stephanie Bocking 07766 243 728 bocking@thisisinfluential.com

NOTES TO EDITORS FOLLOW

About Liverpool Foundations Homes

Liverpool Foundation Homes (Foundations) is Liverpool City Council’s ethical housing company. Foundations is the flagship housing policy for Liverpool Mayor Joe Anderson, who wants to use the company to re-balance the city’s social housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts.

It has been tasked with creating bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability and to improve the availability of good quality, affordable homes in the city.

New partnership between Blackburne House and Foundations

Liverpool Foundation Homes announcement

New partnership between Blackburne House and Foundations

June 2019

Foundations, Liverpool City Council’s ethical housing company, has announced plans to partner with one of the country’s leading education centres for women, Blackburne House, to launch a new £1 million mixed-use scheme in the city centre.

The partnership will see Foundations and Blackburne House take the ground floor space of 68 Falkner Street to create a joint education and residential scheme. Liverpool City Council will invest £1 million towards the cost of ground floor fit-out and on completion both parties will acquire the space via long leases from the council.

Subject to agreement by Liverpool City Council’s cabinet on 21 June and Foundations’ board approval, Foundations will take half of the ground floor unit in the building to create six apartments for rent, comprising of four, one-bedroom apartments and two, two bedrooms apartments.

The remaining space will be taken by Blackburne House to provide digital and entrepreneurship programmes to expand their portfolio in the digital sector, focusing on Tech for Good. This will create opportunities for women to access exciting careers in the digital sector, together with a wide range of support to strengthen entrepreneurs whilst promoting digital wellness.

Blackburne House, formerly known as the Women’s Technology and Education Centre (WTEC) was established in 1983 with the aim of progressing women from disadvantaged backgrounds into employment within technical professions. The organisation is active in the L8 area and across the city and their award winning School for Social Entrepreneurs runs programmes across the North West.

Liverpool City Council is the sole shareholder of Foundations, which has been set up to improve the availability of good quality, affordable homes in the city. The company is the flagship housing policy for the Mayor of Liverpool Joe Anderson, who wants to use Foundations to improve the city’s housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts for the council.

Foundations aims to deliver a mix of affordable and family housing, including apartments, for both sale and rent, as well as bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability.

Foundations Chief Executive Mark Kitts said: “We’re very excited to be announcing these plans to partner with Blackburne House, which is one of the country’s leading education and training centres for women.  As an ethical housing provider, we feel strongly that our own values align perfectly with the ambitions of Blackburne House and our vision is to work together on this project to ensure that some of the most underserved communities in our city are provided with the opportunities to succeed.

“Through this partnership, we hope to create an inspiring space for Blackburne House and the wider community to benefit from. Our plan is to create six high-quality, sustainable apartments that will support part of our broader ambitions to improve neighbourhoods, improve the quality of housing and ensure good, affordable homes are accessible to everyone in our city.”

Claire Dove, CEO of Blackburne House, said: “We are so pleased to be part if this bold initiative, using the strengths of our organisations to bring about positive change especially for the women of our city. This is a superb strategic partnership that could be the road map to similar initiatives. Central government recently announced that local authorities should respond to the housing needs of vulnerable women, this is exactly what it is needed, the opportunity of affordable housing coupled with quality education and career development specific to our city’s needs.”

Earlier this week, Foundations formally launched its new rent-to-buy scheme, as part of the company’s plans to help people get a foot on the housing ladder and eventually own a home of their own. Subject to agreement by the same cabinet at its meeting on 21 June, 14 new family homes at Harrington Row, Park Street, Dingle, will be the first to be included in Foundations rent-to-buy programme.

For further information:

Jon Brown 07811 451 184 brown@thisisinfluential.com

Stephanie Bocking 07766 243 728 bocking@thisisinfluential.com

About Liverpool Foundations Homes

Liverpool Foundation Homes (Foundations) is Liverpool City Council’s ethical housing company. Foundations is the flagship housing policy for Liverpool Mayor Joe Anderson, who wants to use the company to rebalance the city’s social housing stock, revolutionise the Rent to Buy sector and drive up council tax receipts.

It has been tasked with creating bespoke properties for the homeless, foster carers, large families, the elderly and people with a disability and to improve the availability of good quality, affordable homes in the city.

http://www.cbc034905c1775255d1bd023e-17800.sites.k-hosting.co.uk/liverpoolfoundationhomes/