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.

Join our mailing list:

Leave a comment



Latest Comments

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.

view article
Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

view article
Samantha Goodman
Samantha Goodman 11 Aug 2017

It depends on the people, some older adults decide to make a long-distance move in order to live closer to their children or settle in a place with a lower cost of living.

view article
brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

view article
IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

view article
IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

view article
cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

view article
Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

view article
NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

view article
Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

view article
Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

view article
jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

view article

Related stories

More articles from Property