Understanding the risks of Land-Led Schemes

On the 24th of March Andrew and Chris were joined by Steve Trenwith and Steve Aleppo from Sovereign HA. 5 years ago Sovereign were delivering 1500 homes per year via Section 106. To improve the value for money, the board made the decision to begin their own land-led schemes. We discussed Sovereign’s journey and learnings, followed by a Q&A with John Stevens and Duncan Smith. 

Key points we covered:

  • Risk/Reward: land-led vs. Section 106
  • Critical-to-success factors in land-led development
  • Lessons learned
  • Common pitfalls

Speakers

Steve Trenwith

Steve Trenwith

Stephen has worked for house builders for the past 30 years starting his career as a site engineer before concentrating on land and development.
He has worked for the likes of Persimmon Homes and the Berkeley Group as well as regional developer Bewley Homes.
He brings his experience of securing development sites across the South of England into Sovereign, to help drive forward a programme of securing land to underpin the aspirations to develop more than 1,900 units a year.

Steve Aleppo

Steve Aleppo

Steve started his career in the housing sector with the Hyde Group in 2000. He progressed through Hyde’s Development Finance, Group Financial Planning and Strategy teams, before taking on executive level roles for Finance and then Corporate Services.
Steve became a consultant in 2018 before Sovereign in 2019. Steve has built a team that is helping to put plans and controls in place to enable Sovereign to grow its development programme and weight its activity more towards land-led schemes.

Duncan Smith

Duncan Smith

Duncan has more than 20 years of experience as a housing professional, with established credentials in the public, private and third sector. He has extensive experience of operational service delivery as well as strategic planning and effective business development

John Stevens

John Stevens

John is very experienced in everything viability and assumptions, having worked in the sector for over 30 years. Mixing technical knowledge with financial evaluation, he has consistently delivered innovative solutions across the affordable housing spectrum.

Andrew Markham

Andrew Markham

Andrew’s experience lies in both the affordable and private housing sectors. His expertise focuses on financial viability and project management.
Andrew is the director of the SDS consultancy division and leads a team of well-established consultants providing professional services and consultancy expertise.
The ProVal expert within SDS, Andrew helps our clients implement best practice across the entire development phase has played an integral role in propelling SDS to the industry leader in viability.

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