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.