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David Cowans Group Chief Executive Places for People

David Cowans Group Chief Executive Places for People. The UK Context. Social housing exists to provide housing at discounted rents to those who cannot afford to pay market rent. There are 4.1 million households in social housing in the UK 1.9m renting from Registered Providers

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David Cowans Group Chief Executive Places for People

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  1. David CowansGroup Chief ExecutivePlaces for People

  2. The UK Context • Social housing exists to provide housing at discounted rents to those who cannot afford to pay market rent. • There are 4.1 million households in social housing in the UK • 1.9m renting from Registered Providers • 2.2m renting from Local Authorities Source: Office for National Statistics • 64% of households in social rented properties receive housing benefit • 26% of households in private rented properties receive housing benefit

  3. Housing Tenure Trends in UK Housing Tenure 1980 to 2010 - 11 Owner occupiers million households Social renters Private renters 2010 - 11 Source: CLG • If these trends continue, there could be over 5.5m private rented households by 2016 2016

  4. Social Changes • Number of households now stands at 22.1m • Number of households anticipated to grow by 221,000 per year or 2.2m by 2021 to reach 24.3m • 1 in 6 people now aged over 65 • 1 in 4 people will be aged over 65 by 2050

  5. The Housing Challenge Dwelling Completions 1949 to 2012 (England) Source: CLG

  6. About Places for People • One of the largest property management, development and regeneration companies in the UK • Assets in excess of £3 billion • Manage more than 143,000 homes across the UK • Work with 230 local authorities and thousands of customers • Equivalent of 6,000 full time employees

  7. A range of requirements A range of solutions Affordable Rent Supported Housing Market Rent Equity Release Shared equity “Try before you buy” Shared ownership Staircasing Buy outright

  8. A range of products and services

  9. Brooklands 365 acres

  10. Services Development Place Management Facilities management Asset management Individual support Masterplanning Partnerships & JVs Sales Regeneration OurApproach Facilities Management Ensuring successful places Access Affordable rent Rent conversion Save a deposit scheme Try before you Buy Market rent

  11. A Place for Everyone

  12. Place Making Leisure Support Regeneration Childcare Playgrounds Training Services Local facilities Education Employment

  13. DoingThings Differently • Innovative funding models accessing new types of funding • Improved profitability through efficiency, scale and diversification • New business models to cross subsidise activities • Flexibility over income groups and tenures.

  14. Capability Capacity Flexibility Making a difference

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