Affordable Housing Disposals

We offer services to developers and house builders for the disposal of S106 affordable housing, taking opportunities to market and negotiating the terms of disposal of affordable homes to Registered Providers. In addition we provide support on other affordable housing disposals such as additionality, partnership housing developments and package deals that provide up to 100% affordable housing on sites.

Services we offer to developers include:

  • Determining the best value unit and tenure mix for a development
  • Liaising with Local Authority Housing strategy teams as required
  • Preparing a brief to inform scheme design
  • Advising on any Section 106 affordable housing provisions
  • Provide an estimate of the price achievable from a housing association
  • Identify and advise on potential housing association partners
  • Secure offers from housing associations for the onward sale of affordable housing
  • Negotiating terms (including leading on contract negotiations)
Pre-Marketing
  • Providing guidance on affordable housing mix in order to maximise value
  • Advising on/negotiating the affordable element of S106 agreements
  • Working with the land team to provide budget prices for affordable units on land appraisals
  • Undertaking ’soft market testing’ on values in order to firm up land appraisal assumptions
  • Writing affordable housing statements to accompany a planning applications and/or a discharge of conditions
Marketing of affordable units
  • Identifying and advising on potential housing association purchasers
  • Assembling a bid pack for prospective purchasers
  • Marketing the units, inviting and collate offers along with details of terms and conditions.
  • Provide a full report on offer levels and terms, along with recommendations
Post-Marketing
  • Formalise heads of terms, in conjunction with the developer
  • Negotiating specifications and pricing for specification extras in consultation with technical/commercial teams
  • Instructing solicitors day-to day on the terms of the sale contract, under instruction from the developer.
Affordable Housing Disposals