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DEVELOPING PLACES
Contents 3 Our history 4 Welcome 5 Our aims • How we measure success 6 A proud history 7 Operational areas 8 Our business model
9 So Resi • Fizzy 10 Development portfolio 30 Our customers 32 Partners 33 The team 34 Awards
About usMetropolitan Thames Valley provides housing at different levels of affordability for people living in London, the South East, East Midlands and East of England.
We also offer a range of care and support services. Our specialist areas include older people, mental health and transitional services which provide intensive support to marginalised or vulnerable people.
We deliver training programmes, events and activities for our residents, designed to boost employment opportunities and foster stronger communities.
A member of the National Housing Federation and the g15 we are building more homes to address the national shortage of affordable housing.
In October 2018 likeminded housing associations Metropolitan and Thames Valley Housing formally completed a partnership to form Metropolitan Thames Valley.
We came together because we want to improve the services we provide and do more in our communities. We’ll do this by listening to our customers and working alongside them.
Through the nature of our work, we believe we can develop ways of doing things differently that help tackle big social issues about where and how people live.
We believe everyone should have access to a home and the opportunity to live well.
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Our historyPassengers stepping off the Empire Windrush in 1948 at Tilbury Docks would have encountered a very different country to the one we live in today. Bombing during the Second World War had inflicted widespread damage to urban areas, construction materials were in short supply and rationing continued.
Invited to Britain to fill post-war labour shortages, many of these Caribbean migrants had to live in squalid conditions without basic amenities. Like others on low incomes, they also faced insecure tenancies and homelessness.
It was against this backdrop that our legacy organisations, The Metropolitan Coloured People’s Housing Association and Thames Valley Housing,
were founded, with a mission to provide safer and more affordable homes in our inner cities.
As time went by, the organisations grew in size and diversity. In the 1980s, with home ownership central to Government housing policy, both housing associations introduced shared ownership schemes, making it easier for people to get a foot on the housing ladder. Metropolitan went on to provide care and support services, while Thames Valley Housing began to provide keyworker accommodation for NHS Trusts and student accommodation.
The new century saw Metropolitan take over the management and regeneration of the Clapham Park and Ashmole estates in
Lambeth, while Thames Valley Housing opened its largest private finance initiative scheme in Woking. In 2012, Thames Valley Housing launched its market rent business, Fizzy Living.
In 2017, Thames Valley Housing developed So Resi, a consumer focused Shared Ownership offering, aimed at simplifying the concept and providing a clear route to home ownership for struggling first-time buyers.
The two organisations joined in October 2018 and, in total, own, manage or administer around 57,000 homes. Together, we want to improve the services we provide to customers, do more in our communities and build a better future for generations to come. 3
So Resi Residents
Welcome Our aim is to build and deliver quality homes where people want to live, and to create thriving sustainable communities. This is an enormous challenge that we’re committed to delivering, through working closely with existing and new partners. There are exciting times ahead; backed by our track record of success and years’ of experience, we’re in a strong position to deliver. So whether it be homes for Private Sale, Shared Ownership, Key Worker Housing or Rented Accommodation, if you’d like to work with us, we would love to hear from you.
Guy BurnettExecutive Director of Development
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Our aims• Grow the business in
a safe and sustainable way
• Achieve outstanding commercial
performance to deliver new
affordable housing
• Deliver new homes that meet
the needs of our customers
How we measure success • Number of new homes delivered
• Financial performance
• Customer satisfaction
• Stakeholder feedback
• Affordability for those we house
artist’s impression
of SoResi Ealing
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CARE AND SUPPORT
SHARED OWNERSHIP
SUB MARKET RENT
PRIVATESALE
MARKETRENT
A WIDE OFFER
STRONG AMBITION OVER THE NEXT 5 YEARS WE’LL OWN AND MANAGEMORE THAN 65,000 HOMES
A PROUDHISTORY OVER 70 YEARS DEVELOPING COMMUNITIES
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South
York
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Derby
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North
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Cam
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Bed
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Great
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Wilt
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Oxford
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We’re continuously expanding our portfolio, and always on the look out for new opportunities; furtherstrengthening our commitments to the communities we serve.
Operational areas
N
WE HAVE HOMES IN
155 LOCAL AUTHORITIES
Our business model
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Our business model
Quick decision makingWe've got a professional team across the development spectrum, ensuring a one-stop-shop for bringing schemes to life from land to sales.
Thoroughdue diligenceOur tried and tested processes are swift but thorough, to ensure cost,quality and time objectivesare always met.
Experts in the fieldWith over 70 years' history of delivering for our customers and partners, we're perfectly placed to achieve your ambitions.
Successful track recordSo far we've partnered up with 155 local authorities, Homes England, GLA, most National Developers, as well as investors to delivernew homes the country desperately needs.
Focus on relationshipsOne of our core roles is to maintainstrong, productive relationships withour customers and partners. We achieve this by focusing on an approach of balancing viability and affordability, without compromising on quality.
Our approach builds on MTVH’s established business model and philosophy, specifically;
• Investment in commercial ventures to produce profit to cross subsidise the delivery of affordable housing
• To offer a range of housing products such as Subsidised Rent, Intermediate Rent, Market Rent, Shared Ownership & Private Sale
• The desire to work in partnership or joint venture with others
• Care and support
In partnership with the public and private sectors, MTVH seek to increase the supply of affordable housing across its operating areas.
Consideration will be given to management arrangements, affordability levels, local markets and specific funding conditions.
REINVENTING RENTING Fizzy Living is the Market Rent arm of our business, providing good quality, well managed accommodation in places where people can commute easily. It has a sound business strategy, and uses our expertise to generate profits which we reinvest to help achieve our social aims.
Launched in early 2012, Fizzy
now has nine sites: Canning Town,
Epsom, Poplar, Stepney Green,
Lewisham, Finchley, Canning
Town, Silvertown Way and Hayes.
We’re a market leader in bringing
a new customer approach
within this growing sector.
For more information, visit: www.fizzyliving.com
Making home ownership possible So Resi is the Metropolitan Thames Valley Shared Ownership brand, which aims to make the initiative easier to understand, with simple clear expectations.
We know that there is a lot of confusion about Shared Ownership, but we believe that it doesn’t have to be that way. We want to make Shared Ownership as clear and uncomplicated as
possible by using straightforward language and being transparent about all of the details.
We’re always on the look-out for ambitious partners to join us in making home ownership possible for more people. If you’re interested in investing in So Resi, get in touch.
For more information, visit: www.soresi.co.uk
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Clapham Park CLAPHAM Working with London Borough of Lambeth to comprehensively regenerate a large south London estate. In 2006, Lambeth and Metropolitan entered into a stock transfer agreement to facilitate the regeneration of this 33 hectare site.
In total MTVH will be delivering 4,077 new and refurbished homes across Clapham Park. Outline planning consent was granted in 2008, under which a mixture of block refurbishments and new builds were delivered, totalling 1,545 units (now known as Section 1).
The 2017 Masterplan (Section 2) overhauled 2,532 homes, the latter phases of the 2008 scheme, with the aim of delivering a greater number of higher quality homes, whilst retaining the open and commercial space, and providing a new community hub. The planning application was the largest full detailed application ever submitted. Pre-commencement work is in progress, and a 15-year delivery plan is anticipated.
Developer: MHT
Architect: PRP Architects
Location: Clapham Park, SW2 4AX
Acquisition: May 2006
Estimated Completion: 2035/36
Partner: London Borough of Lambeth
Overall Sales GDV:£1.6 billion
4,077 HomesSocial Rent & London Affordable Rent: 1,675LCHO: 495Market Sale: 1,907
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The scheme will form part
of the £240m regeneration
project taking place in the
town centre, offering new
housing plus a beautiful
boulevard of amenities.
We’ve partnered up
with Bracknell Forest
Council to deliver a fully
affordable scheme, in
a landmark location.
We’re working to deliver
a development which
boldly puts resident
needs first, to reflect
modern ways of living.
Developer: MTVH
Architect: HGP Architects
Location: Bracknell, RG12 1JB
Acquisition: December 2015
Completion: October 2020
Partner: Bracknell Forest Council
Overall Sales GDV:£50 million
193 HomesShared Ownership: 138Affordable Rent: 55
Amber House BRACKNELL Working in partnership with Bracknell Forest Council, Amber House is a MTVH landmark scheme located in the centre of Bracknell.
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Frimley Children’s Hospital PRIVATE SALE & KEY WORKER HOUSING
Working in partnership with Frimley Health NHS Foundation Trust, we’ve delivered 86 Key Worker homes alongside 34 Private Sale properties, located just 5 minutes’ walk from Frimley Station.
We converted a locally listed Edwardian building that was previously a derelict children’s hospital. These homes provide genuinely affordable accommodation for staff at the Trust, helping improve both recruitment and retention.
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The newly built residences provide a strong modern contrast to the original listed Edwardian building at the heart of the development.
The internal specifications are good quality, with contemporary fixtures and fittings throughout. The new homes are energy-efficient and easy to maintain and provide garaging and parking, as well as bi-fold doors that lead to a private garden.
Developer: MTVH
Architect: PRP Architects
Contractor: Bugler Homes
Partner: Frimley Health NHS Foundation Trust
Acquisition: June 2015
Completion: March 2017
Sales Launch:March 2016
Location: Frimley, GU16 7AD
Overall Sales GDV:£10.7 million
120 HomesKey Worker: 86 Private Sale: 34 15
Westhorpe Gardens& Mills GroveHENDON, BARNET
artist’s impression16
Developer: MTVH
Architect: Pozzoni Architects
Location: Hendon, Barnet
Acquisition: May 2019
Completion: Circa January2026
Sales Launch:June 2025
Overall Sales GDV:£42 million
251 HomesShared Ownership: 67Private Sale: 31Affordable Rent: 48Social Rent: 105
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London’s first successful ballot under the Mayors Guidelines on regeneration enabling the redevelopment of a 1960s estate which will see a new development of 251 residential units for existing and new residents.
The new estate will include 79 units to be provided for older persons living.
Old Vinyl Factory HAYESThe Old Vinyl Factory site was purchased in April 2011 by Purplexed, a joint venture between Cathedral Group PLC and Development Securities PLC, at which point the 17 acre site was renamed “The Old Vinyl Factory”, formerly “London Gate Business Park”.
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Developer: Fizzy
Architect: Wallis Gilbert & Partners
Contractor: Cathedral Group PLC & Development Securities PLC
Location: Blyth Road, HayesUB3 1HA
Acquisition: December 2015
Completion: April 2018
Sales Launch:September 2018
Overall Sales GDV:£69 million
Partner: Cathedral Group PLC & Development Securities PLC
Set in 180,000 sq ft of landscaped public space, this site creates a whole new quarter of Hayes. The resulting development is a complex, mixed-use master plan for a significant £250m redevelopment of the site, which will transform the local area.
The original art deco factory buildings designed by Wallis, Gilbert & Partners have been retained as work space. The project will provide 642 new homes, office and retail space and include landscaped areas and playgrounds, a cinema and a live music venue.
This includes 189 Market Rent homes for Fizzy Living, comprising 1 and 2 bedroom apartments, triplex townhouses and a reception space to accommodate a Fizzy property manager.
189 Private Rented Homes3 bedroom maisonettes: 241 bedroom apartments: 592 bedroom homes: 106
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Queens HouseTWICKENHAM
Developer: TVH
Architect: HTA Design LLP
Contractor: Thomas Sinden
Location: Holly Road, Twickenham, London, TW1 4EA
Acquisition: November 2015
Completion: September 2018
Sales Launch:May 2018
Overall Sales GDV:£10 million
45 HomesShared Ownership: 29Affordable Rent: 16
Partner: London Borough of Richmond Upon Thames
Through gathering strong local support, MTVH have turned around the fortunes of this once forgotten 9 storey office block, which has been transformed to provide spacious, modern living space.
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Wood’s FarmWOKINGHAMThis prime 92 acre site was acquired in 2012 and is under option to Kier, in partnership we will deliver thousands of new homes, infrastructure and community facilities.
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If you’re interested in working with us on
development opportunities, we’d love to speak to you
Wood’s Farm Site
Working in partnership with:Kier and Wokingham Borough Council
You can find our contactdetails on page 33.
image for indicative purposes only 23
Wheat QuarterWELWYN GARDEN CITYThe former Shredded Wheat Factory site is in a great location in the London urban satellite of Welwyn Garden City, and forms part of the wider Broadwater Road Regeneration area. The site is connected to the Welwyn Garden City train station by a public footbridge, with direct links to London in less than half an hour.
24 artist’s impression
Developer: MTVH
Architect: Collado Collins Architects
Location: Welwyn Garden City
Acquisition: June 2017
Target start on site: Spring 2019
643 Homes
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The site was purchased in June 2017, based on a scheme for 488 new homes.
A further planning application was submitted for a larger scheme of 643 units – an additional 32% / 155 units, and granted in December 2018.
The new development will provide a well thought-out, comprehensive mixed-use development with a remarkable standard of design, offering residents a great place to live.
Providing truly affordable rented homes is a priority for MTVH, so we have taken the decision to deliver 100% of the social rent and affordable rent homes in the first blocks to come forward for development.
artist’s impression
SilvertownCANNING TOWNThis is a mixed-use site located in Canning Town in the borough of Newham, which is undergoing an immense amountof investment.
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Developer: MTVH & Galliford Try
Contractor: Galliford Try
Location: Silvertown Way, Canning Town, London E16 1EA
Partner: Galliford Try
Acquisition: September 2014
Completion: 2021
Sales Launch:January 2019
Overall Sales GDV:£386 million
975 HomesFizzy: 292 Affordable Homes: 343 Private Sale: 340
Brunel Street Works is being constructed on land that
was originally purchased by the London Development
Agency to allow regeneration of an under utilised site.
This land was passed to the GLA who, under the
previous Mayor of London, Boris Johnson, selected
Opal through the London Development Panel to
deliver a residential-led scheme on the site.
The £400m project, which has a four year
construction programme, will see the homes
built across five distinct blocks, ranging
from nine to 26 storeys in height.
The project is comprised of 30 per cent privately-
rented homes managed by Fizzy Living, 35 per cent
affordable housing (consisting of 172 Social Rent
homes and 171 Shared Ownership and Intermediate
Rent homes) managed by L&Q, and 35 per cent Open
Market Sale homes to be sold by Linden Homes.
The site will also comprise commercial space
including a 110-bedroom Premier Inn hotel,
generating job opportunities for local people
and breathing new life into this area. 27
Together with Galliford Try we’re delivering homes for Private Sale. Market Rent and Affordable Rent properties will also form part of this land mark East London site.
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EalingThis scheme forms part of ongoing regeneration in the local area, and provides both residential and commercial accommodation.
Developer: MTVH
Architect: Brimelow McSweeney
Contractor: RydonConstruction
Location: 104 Ealing Broadway
Acquisition: May 2016
Completion: May-June 2020
Sales Launch:Spring 2019
Overall Sales GDV:£80 million
136 HomesSharedOwnership Units: 111 Rented: 25
Partner: Ealing Borough Council
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A perfectly positioned site, with an opportunity for MTVH to deliver 136 homes in the Borough of Ealing
“The buying process was very easy. The sales team at Metroplitan Thames Valley were very supportive and kept us in close touch all the time. I’m so glad we bought our home. We’re relieved to be unburdened of the ties of renting and for the first time we’ve got peace of mind - best of all, it’s our own home.” Paul McDonald Home Owner, Woodbridge, Frimley
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“We are so proud to have a home with our personality in everything and that we can’t wait to get back to after a long day at work - in an area that we love. West London is where we want to be; we really enjoy being so close to the river, and there are so many parks, bars and restaurants close by to enjoy at the weekend.”
Eduardo Brigagao and Pamela Goncalves Shared Ownership First Time Buyers, Hogarth Road, Chiswick
Our customers
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Case Studies x 2Awaiting Content
“Without Shared Ownership I’d have never been able to do it, it was such a good feeling to take the keys. I’ve now got a decent size garden, parking for two cars so that I can have visitors and it’s been great to be back in a place where I have a lot of connections, catching up with friends and family.” Annette Shared Ownership
Marc is a nurse at Frimley Park Hospital. He moved to the UK from the Philippines last year to work for the NHS.
“There are so many pros about living here. The main one is the proximity to the hospital, but we also have good transport links and our payment options are flexible too - there was no hefty deposit beforehand. I live in a shared flat with three friends who are also nurses at the hospital. The size of the rooms are all the same, which means that there are no fights about who gets the big room!”
Marc Frimley Keyworker 31
Partners We are always on the look out for ambitious partners to join us. If you are looking to work with us on development opportunities, we’d love to speak to you.
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Guy Burnett Executive Director of Development
[email protected] 554 205
Guy Palmer Director of Regeneration
[email protected] 738421
Chatinder BalDirector of Land
[email protected] 257 937
Julie ShuterDirector of Customer Care
[email protected] 963631
Kush RawalDirector of Residential Investment
[email protected] 748 435
Richard Evans Director of Innovation & Partnerships
[email protected] 520975
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Andrew StubleyDirector of Construction
[email protected] 07857 660 866
REGISTERED OFFICE The Grange100 High StreetSouthgate London N14 6PW
Tel: 020 8607 0607 Web: www.mtvh.co.uk
The teamThe Senior Development team bring a wealth of expertise and knowledge to MTVH, you can be confident that you are partnering with experienced, capable hands.at you are partnering w p , p
We’re proud to be recognised as one of thebest in the business. And we ensure we continue to demonstrate our all round excellence, commitment and passion for delivering results for our customers
First Time Buyer Readers’ AwardsHighly Commended – Best Urban Regeneration Project 2013
Highly Commended – Best Social Integration Project of the Year 2013
Highly Commended – Most Imaginative Marketing Campaign 2015
Affordable Housing Provider of the Year 2014 and 2017
Best Small Development 2014
Housing Provider of the Year and Most Innovative Marketing Campaign (So Resi) 2018
Judges Special Award for Dedicated Service to First Time Buyers (Kush Rawal) 2018
Affordable Housing Provider of The Year 2018
National Housing Awards
Excellence in Affordable Housing 2013
Award for Innovation in Home Ownership Management 2014
Best Marketing Campaign – Aldgate Place 2017
WhatHouseBest Large Housing Association, Gold 2010
Best Shared Ownership Development, Silver 2010
Housing Association of the Year, Gold 2012
Best Starter Home Scheme, Gold 2015
Housing Association of the Year, Silver 2017
Property Marketing Awards Best Brand Campaign 201834
CLAPHAM PARK, CLAPHAM
RUSSELL SQUARE, HORLEY
DYLON WORKS, LOWER SYDENHAM
THE SERPENTINE, AYLESBURY
HOGARTH ROAD, CHISWICK
WESTFIELD HOUSE, EARLSFIELD
