Ashley Lane, former Group Partnerships Director of Persimmon, joins Heylo Housing team

  

  

PRESS RELEASE (17th September 2015)

Ashley Lane, previously Group Partnerships Director of Persimmon Partnerships, has joined the Heylo Housing (“Heylo”) team to engage with house builders and local authorities to deliver affordable shared ownership homes across the country required as part of planning obligations.

Nicholas McAlpine-Lee, CEO of Heylo said “We are delighted to welcome Ashley to the team. His reputation, experience and knowledge will greatly assist Heylo secure its significant growth ambitions through partnerships and contracts for the delivery of new affordable housing.” 

Ashley Lane said “I am delighted to be working with the Heylo team. The contribution Home Reach and Heylo can make to solving the issue of home ownership accessibility is immense. I look forward to meeting developers and local authorities in the near future to tailor contractual proposals which solve their housing needs and make schemes truly viable with certainty, simplicity and reliability.”

Heylo has already acquired over 500 properties in 25 local authorities since it launched in September 2014 and has signed contracts with leading developers to deliver Heylo’s unique Home Reach solution for Section 106 shared ownership affordable housing.

Home Reach is a new model for the delivery of new build shared ownership homes across the UK in partnership with developers and local authorities. Only available from Heylo Housing, the Home Reach contract, is a re-useable suite of development and sale agreements designed to operate across multiple sites to maximise efficiency and enhance value from affordable housing delivery.

Heylo, which is a joint venture with a leading local authority and backed by pension fund investment, is in the process of signing a series of Home Reach contracts with national and regional house builders to drive affordable housing delivery and to satisfy current and future Section 106 obligations.

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Larkfleet and Heylo Housing sign agreement to deliver shared ownership affordable homes over the next 5 years

PRESS RELEASE (11th September 2015)

Larkfleet Limited (“Larkfleet”), a UK top 50 house builder, and Heylo Housing Limited (“Heylo”), a newly created joint venture with a leading local authority, have signed a 5 year contract to deliver affordable shared ownership homes across the country required as part of planning obligations.

Heylo has acquired over 500 properties in 25 local authorities since it launched in September 2014 including a portfolio of properties developed by a national top 5 house builder and this is the second long term agreement Heylo has entered into in the last 4 weeks.

Nicholas McAlpine-Lee, CEO of Heylo said “We are delighted to be entering into our second long term agreement and proud to be doing so with a highly respected housebuilder such as Larkfleet. ‘Home Reach’ is a new developer-led model for the delivery of new build shared ownership homes. It will support the much-needed supply of affordable housing across Larkfleet’s key operational areas of Lincolnshire, Cambridgeshire and Rutland – as well as having the potential to support Larkfleet’s recently announced plans to expand across the rest of the UK.”

“The Home Reach contract, a first of its kind, is a re-useable suite of development and sale agreements designed to operate across multiple sites to maximise efficiency and enhance value from affordable housing delivery.”

Heylo, which is backed by local authority pension fund investment, is in the process of signing a series of contracts with national and regional house builders to drive affordable housing delivery and to satisfy current and future Section 106 obligations.

Nicholas McAlpine-Lee again; “Heylo’s efficient operating model and long term funding is able to deliver improved receipts from affordable shared ownership homes which can be employed to unlock viability challenges and maintain affordable housing delivery.”

“Home Reach provides Larkfleet with full control over construction, specification, delivery and sales of shared ownership affordable housing properties with the contractual certainty of satisfaction of Section 106 obligations by an approved alternative affordable housing provider unaffected by the recent changes to the housing association sector model.”

Karl Hick, CEO of Larkfleet Group, said; “We are delighted to have signed this Home Reach agreement with Heylo which will help underpin the Larkfleet Group’s development and growth ambitions with a partner who can give us certainty, simplicity, and reliability over the next 5 years.”  

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Bellway and Heylo Housing sign agreement to deliver more than 1,000 shared ownership affordable homes over the next 3 years

PRESS RELEASE (27th August 2015)

Bellway PLC (“Bellway”), the UK’s 4th largest national house builder, and Heylo Housing Limited (“Heylo”), a newly created joint venture with a leading local authority, have signed a 3 year contract to deliver affordable shared ownership homes across the country required as part of planning obligations.

Heylo has acquired over 500 properties in 25 local authorities since it launched in September 2014. This includes a portfolio of properties developed by Bellway’s affordable housing subsidiary, Bellway Housing Trust.

Nicholas McAlpine-Lee, CEO of Heylo said “We are proud to partner with Bellway and delighted to bring this new developer- led delivery model for new build shared ownership homes, known as Home Reach, to the market.”

“The Home Reach contract, a first of its kind, is a re-useable suite of development and sale agreements designed to operate across multiple sites to maximise efficiency and enhance value from affordable housing delivery.”

Heylo, which is backed by local authority pension fund investment, expects this to be the first in a series of contracts with national and regional house builders to drive affordable housing delivery and to satisfy current and future Section 106 obligations.

Nicholas McAlpine-Lee again; “Heylo’s efficient operating model and long term funding is able to deliver improved receipts from affordable shared ownership homes which can be employed to unlock viability challenges and maintain affordable housing delivery.”

“Home Reach provides Bellway with full control over construction, specification, delivery and sales of shared ownership affordable housing properties with the contractual certainty of satisfaction of Section 106 obligations by an approved alternative affordable housing provider unaffected by the recent changes to the housing association sector model.”

Simon Scougall, Group Commercial Director of Bellway said; “We are delighted to have concluded the sale of the Bellway Housing Trust properties and to have signed this Home Reach agreement with Heylo which will help underpin Bellway’s development and growth ambitions with a partner who can give us certainty, simplicity, and reliability over the next 3 years.”  

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