12 developers and housing associations from the UK property sector have joined forces, announcing the formation of a new consortium that will actively tackle climate change, sustainability, and address the safety of existing UK homes.
Known as the Future Homes Consortium, the group’s initial members are major industry players including Places for People, Riverside, Notting Hill Genesis, L&Q, Peabody, Gentoo, Thirteen Group, Orbit, Guinness Partnership, Swan Housing, Raven Housing Trust and Wheatley Group.
Together, we have a collective portfolio of more than 783,000 homes across the country and will work together to share ideas – finding ways to tackle sustainability and deliver homes that meet modern criteria. The group will focus on sharing practical ideas and initiatives on sustainability and building safety in new build and in retrofitting existing stock. It will look at not only best practice in the UK but across the World and seek to create synergies in resources that each organisation is already deploying on studying challenges in sustainability and building safety in their existing stocks. The group will also review their existing housing stock, as well as leveraging their collective networks to better address the sustainability agenda; the group is already coordinating with other sector-wide initiatives such as the UK Building Research Establishment.
The Group is very focussed on practical work programmes and the chair of the group will change annually and David Cowans will be the first chair of the group.
Two thirds of existing UK housing stock doesn’t meet the energy efficiency standards that have been set by the Government. In England alone, 11 million properties fail to meet EPC band C – meaning that two homes would have to be retrofitted every minute between now and 2050 to address the issue.
David Cowans, Group Chief Executive, said “I firmly believe that in bringing together the best people in the business we will help the sector achieve its targets. The Future Homes Consortium is already sharing data, best practice, ideas and support for each other as we implement new ways of working.”
This is a growing initiative; the group are keen to have an inclusive process and would welcome any other organisations to join the Future Homes Consortium.
Places for People announced as a Homes England strategic partner – with £250m funding to create thousands more affordable homes