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Because good homes make everything possible 1
Our key developments in London and Hertfordshire
Because good homesmake everything possible
22 Our key developments
Because good homes make everything possible 3
We are one of the UK’s leading housing associations with over 40 years’ experience developing award-winning homes. A member of the G15 group of London’s largest housing associations, we own and manage over 20,000 homes across London, Hertfordshire and the South East.
We work on the principle that we can and must do everything we can to help end the housing crisis. We have an ambitious growth strategy to build at least 5,000 new homes over the next five years. We develop homes for a variety of affordable tenures including social, affordable and intermediate rents, shared ownership and rent to buy products such as London Living Rent. We build homes for market sale and also for market rent, managed by our bespoke ‘SmartRent’ build to rent management service. We also manage and develop a range of tenures for older people.
The key to our development success is the excellent relationships we enjoy with partners across the public and private sector. We have strong relationships with Homes England; the GLA, with whom we have a strategic partnership to deliver over 1,750 homes; and Local Authorities across our operational area. We also have an excellent track record of working in partnership to deliver affordable homes with a range of developers and housebuilders, including joint ventures delivering large mixed-use regeneration schemes.
We are Network Homes
Our key developmentsOur key developments4
Key facts
Strategic Partnership with the GLA to start over 1,750
affordable homes by March 2021.
We manage 20,000 homes
in 36 local authority areas, mainly in London
and the South East.
Housing Assets of £1.8b.
Secure financially – raised £175m
in private placement in January 2019.
Secure development pipeline of
3,000 homes with 1,400 homes in construction.
We have over 40 years’ experience
forming in 1974 as Brent
People’s Housing Association.
Net Surplus of £44.3m
in 2017/18.
Developed 776
mixed-tenure homes
in 2018/2019.
Turnover of £234m and
operating margin of 30% in 2018/19.
Because good homes make everything possible 5
Our key developmentsOur key developments6
Rectory Park Northolt, London Borough of Ealing
449 homes210 Affordable Rent 239 Shared Ownership & Fixed Equity
Multi-phased estate regeneration project in partnership with London Borough of Ealing and the GLA
Completing Summer 2020
Architect BPTW
Contractor Hill Partnerships
Because good homes make everything possibleBecause good homes make everything possible 7
Ridgeway Sele Farm, East Hertfordshire
123 homes70 Affordable Rent53 Shared Ownership
Funded by East Hertfordshire Council and Homes England
Completing Summer 2019
Architect PCKO Architects
Contractor United Living
Our key developments8
177 homes41 Affordable Rent 40 Older Persons Rented96 Private Sale1,074m2 Commercial Space
Completing Early 2020
Architect PRP
Contractor Henry Construction
Thrayle House Stockwell, London Borough of Lambeth
Our key developments
Because good homes make everything possible 9
The Big Blue Sudbury Hill, London Borough of Ealing
270 Intermediate Market Rent homes
Bespoke Build to Rent scheme managed by Network Homes SmartRent service. Part-funded by the GLA
Completed Spring 2019
Because good homes make everything possible
Our key developments10
Olympic Office Centre Wembley, London Borough of Brent
253 homes34 Affordable Rent 43 Shared Ownership176 Private Sale939m2 Commercial Space
Starting on site Projected to start 2020
Architect HTA
Our key developments
Because good homes make everything possible 11
575 homes42 Affordable Rent 132 Shared Ownership401 Private Sale2,100m2 Office Space
Starting on site Projected to start 2020
Architect Cartwright Pickard
Merrick Place Southall, London Borough of Ealing
Because good homes make everything possible
Our key developments12
Alto & Moda Wembley Park, London Borough of Brent
97 homes57 Affordable Rent 40 Shared Ownership939m2 Commercial Space
Delivered in partnership with Quintain
Completed Spring 2019
Our key developments
Because good homes make everything possible 13
Orion Park Northfields, London Borough of Ealing
76 homes52 Private Sale12 Affordable Rent 12 Shared Ownership1,217m2 Commercial Space
Starting on site Summer 2019
Because good homes make everything possible
Our key developments14
Premier Place Edgware, London Borough of Barnet
124 homes16 Affordable Rent 108 Shared Ownership
Completing Late 2020
Contractor PDR Construction
Our key developments
74 homes27 Affordable Rent47 Shared Ownership
Funded by GLA Grant
Completed May 2018
Architect: Proctor and Matthews Architects
Contractor Henry Construction
Printworks Neasden, London Borough of Brent
Because good homes make everything possible 15
16 Our key developments
33 homes16 Affordable Rent17 Shared Ownership
Completed End of June 2019
Architect TM Architects
Contractor No main contractor.Contract Managers: AMCM Group
John Barker Court Brondesbury, London Borough of Brent
17Because good homes make everything possible
61 homes48 Existing homes 13 New Shared Ownership homes
Completing Spring 2020
Architect Rock Townsend
Contractor Henry Construction
Tyler House Stockwell Park, London Borough of Lambeth
Our key developments18
Where we want to develop
Our growth:Lead, Influence, Follow or Exit
Planned development
No development planned
No current stock
North Herts
East Herts
Dacorum
Hertsmere
St Albans
Stevenage
Three Rivers
Broxbourne
Watford
WelwynHatfield
HarrowBarnet
Camden4
11
23
Brent
Ealing
Hounslow
Enfield
Haringey Redbridge
Newham5
Hackney
Lambeth
Waltham Forest
Richmond upon Thames
Hillingdon
1 City of Westminster2 Kensington & Chelsea3 Hammersmith & Fulham4 Islington5 Tower Hamlets
Network Homesoffice
Harlow
Epping Forest
London, Hertfordshireand Essex
Network Homes operates across London, Hertfordshire and the South East. This map shows where we plan to develop in the next few years, and are actively seeking new opportunities.
Network Homes Olympic Office Centre 8 Fulton Road Wembley HA9 0NU0300 373 3000
www.networkhomes.org.uk
@networkhomesuk
www.facebook.com/networkhomesuk
July 2019
David Gooch Executive Director of Development [email protected]
Matt Bird New Business and Partnerships Director [email protected]
Ed Badke New Homes Director [email protected]
Paul Haines Construction and Regeneration Director [email protected]
