We were appointed by Central and Cecil Housing Trust (CCHT) to carry out an asset review of their whole portfolio with a particular focus on seeking opportunities to redevelop and increase the number of homes available as well as looking at opportunities to enhance the revenue of schemes. The brief being to know how stock was performing and where it can work harder is essential for housing associations.
Making decisions about the future of peoples’ homes can be challenging especially if options being considered include re-housing. As independent consultants we focused on a list of criteria with which to assess schemes against and where re-provision and re-housing were being considered, we also included advice on the decanting of residents and the implications of re-provision.
CCHT now have a comprehensive suite of documents relating to value, development potential, legal title and planning status for each of their schemes. This means that they are able to make informed decisions about the future of their homes and have already taken steps to maximise the value of a site by obtaining planning permission for it to be sold on the open market, with all receipts to be invested in providing new affordable homes.