HCA appoints Redrow to £8bn housing delivery panel

HCA appoints Redrow to £8bn housing delivery panel

Redrow has been appointed by the Homes and Communities Agency (HCA) to its third Delivery Partner Panel (DPP3). The panel is likely to deliver £8bn worth of residential developments on public sector land in England over the next four years.

Redrow was appointed to all five of DPP3’s regional lots including the North East; Yorkshire and Humberside; the North West; Midlands; East and South East; South and South West.  The panels are designed so that public bodies in each of the regions, including local authorities, Government departments, NHS Trusts and educational establishments, no longer have to go through a lengthy procurement process to dispose of their land for residential development. DPP3 will deliver a mix of both affordable housing and homes for private sale across England.


John Tutte, CEO at Redrow, comments: “The demand for new homes in England is acute. We believe the £8bn worth of development that could result from DPP3 will greatly enable housebuilders to meet the ambitious housebuilding targets set by the Government. We are looking forward to working in partnership with the HCA in the coming years to support public sector organisations reutilising their land and helping them build sustainable and long-lasting communities.”

The panel system involves a competitive pitch process and all housebuilders and developers in each lot have the opportunity to bid on parcels of land as and when they are put forward. This process is free of charge for public organisations to use and is much more efficient than traditional procurement. In turn this delivers greater value for money for taxpayers.

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Paul Edwards
Paul Edwards 27 Sep 2017

Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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RyanGeo
RyanGeo 18 Sep 2017

A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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sean benton
sean benton 01 Sep 2017

Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N.
Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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Chris
Chris 30 Aug 2017

Unfortunately, all the legislation bears its force on Landlords and ignores, naively, the effect of Rogue Tenants on the ability of landlords to keep houses in repair and offer properties for rent at reasonable...

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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