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Innovative Renting Solutions for Community Living

Explore the UKR approach to building 20,000 homes by 2020, offering rental alternatives, creating vibrant communities, and fostering economic growth. Embrace the shift towards renting from choice with consumer-centric design and quality buildings. Discover the method that revolutionizes industry practices while prioritizing community values and sustainability.

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Innovative Renting Solutions for Community Living

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  1. Jackie Sadek Chief Executive - UK Regeneration Spring Conference, Barnsley 2012

  2. 20000 homes by 2020

  3. The UKR approach • Offering alternative to those who do not wish to commit to home ownership; • Reflecting the reality of sharing; • Designing for letting • Creating communities and economic growth • Building for people

  4. The model has to be simple • Designed for consumer needs • Create village places - branding • Deliver quality premium product • Significant rental growth potential • Exit into a mixed use REIT

  5. “Get a life not a mortgage” • Responds to market trends • Renting from choice • Sector with significant prospects • A New Consumer Brand • Engage directly with people • Cool, accessible • Caring and community values

  6. The Framer Right site • 2ha size • near centre location • public ownership Right way forward • premium rents • strong rental growth • new rented homes • local economy Right approach • deferred reward • flexibility • speed Key role for local authority • shapes opportunity • sells for best consideration

  7. The Method • Branding and design to appeal to ‘generation rent’ • Quality design the norm • Best practice becomes standard • Open honest and transparent • Creating a community – appeal to the consumer

  8. The Developments • Premium rental product • A mix to respond to people’s needs • 70% residential – private renting • 30% commercial: retail, leisure, workspace • Quality buildings, designed for letting, with high environmental performance • Quality surroundings well managed with limited parking

  9. Why it works • Exploiting a gap in the market • Simple processes – change industry practices • Reinforcing mix of uses • Integrated from initial design through to long term management • Focus on consumers

  10. Changing the industry • Taking responsibility • Engaging with people • Valuing the long term • Balancing Society • Getting local

  11. Jackie Sadek Chief Executive - UK Regeneration Spring Conference, Barnsley 2012

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