Following a competitive tender the Savills housing consultancy team has been instructed by Lambeth Council to advise and support it in the registration of two new companies with the Government’s Homes and Communities Agency (HCA).
The companies, which will become Registered Providers of Social Housing (RPs), will be owned by Homes for Lambeth, a council owned and run company, which is tasked with facilitating the delivery of new affordable homes within the borough. By establishing RPs Lambeth will be able to access additional funding from Government to deliver greater numbers of affordable homes.
Savills is appointed by Lambeth in an advisory capacity only to support the registration of these companies with the HCA. It has no involvement in management of any of the housing.