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What we do:

We provide and manage housing to meet local need at low rents in urban areas.

Our model of housing caters specifically for the needs of the intermediate housing sector i.e. those households unlikely to be able to access social rented accommodation but unable to afford to buy on the open market.

We develop and manage schemes in urban areas based on the concept of creating communities by design – we seek to enable people to establish a family home in suitable rented accommodation over the long-term.

Economic assessments supported by the GLA economic development unit also emphasise that this form of development acts as an important stimulus to job creation within the local area.1


Addressing housing need:

The LRHC model provides grant-free, below market-rate affordable housing. We can work with local authorities to bring forward urban regeneration within the areas in which we operate, address the ‘forgotten middle or sandwich class’ of those who fall between the gap of the social rented and ownership sector and work to reduce the numbers on local authority housing waiting lists.

Addressing this need also increases workforce mobility and social & economic investment in the local areas in which we develop.


Working with local authorities:

As the sole developer and manager of the sites we operate, we can work with local authorities to ensure that an efficient and effective service is delivered, offering long-term security of tenure alongside best value for money.

We are looking to work with local authorities in London, taking on redundant or under-utilised local authority land/sites and bringing these sites forward for development in partnership, either informally, or in legally structured joint ventures, enabling the local authority to use the development to contribute towards local housing need.


Planning framework for the private rental sector:

The current planning framework does not make special provision for this model of rented accommodation, which can lift people from housing waiting lists, aid mobility, reduce the cost burden on local authorities and address need in very local areas.

This form of development could be brought forward more quickly and to the benefit of local authorities with a more flexible planning system which reflects the opportunities presented by a new approach to the professional private rented sector, encouraging long-term security of tenure in rented-accommodation, relieving pressure on the existing social and private-rented housing stock.



• Developing grant-free below market-rate affordable housing.

• Providing well-managed, low-cost private rented accommodation with long-term security of tenure.

• Working with local authorities to address areas of local housing need and local housing demand.

• Working with local authorities and the GLA to identify urban sites suitable for this form of development.

• The provision of housing in specific areas can be directly linked and respond to housing needs assessments within boroughs.


1More Residents, More Jobs? The Relationship Between Population, Employment & Accessibility in London; A Review of the Report from GLA Economics, April 2007.