Planning

Homes England - Help to Buy Equity Loan (Mortgage) Administration

HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

This public procurement record has 2 releases in its history.

Planning

07 May 2020 at 09:53

Market Engagement Notice
Planning

06 May 2020 at 16:26

Market Engagement Notice
Summary of the contracting process

The procurement process titled "Homes England - Help to Buy Equity Loan (Mortgage) Administration" is currently in the planning stage, with the engagement end date set for 25th May 2020. The contracting authority for this tender is Homes England, based in London, which focuses on financial and insurance services. This notice serves as a Prior Information Notice (PIN) to inform potential suppliers about upcoming opportunities related to the administration of equity loan products under the Help to Buy scheme. The PIN aims to gather feedback from the market and discusses the potential structure of future procurement.

This tender represents a significant opportunity for businesses, particularly those specialising in technology solutions and financial services, to contribute to a transformative project within the housing sector. Small and medium-sized enterprises (SMEs) are encouraged to participate, especially those with expertise in mortgage administration and financial technology. By engaging with Homes England through the upcoming supplier briefing event, interested firms can tailor their proposals to better align with the organisation's needs for a seamless service delivery between customers, agents, and advisors.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Homes England - Help to Buy Equity Loan (Mortgage) Administration

Notice Description

Homes England issued a Prior Information Notice (PIN) in February 2020. This PIN is a further update to the original notice (ref 2020/S 035-083918). This Prior Information Notice (PIN) is not a call to competition. Following the original PIN, Homes England have secured approval of a Digital Transformation Business Case which aims to design and own an end-to-end service that: * Meets the needs of both users and Stakeholders * Provides a seamless service between customers, agents and advisors * Delivers a better service to users (customers) and stakeholders This PIN has therefore been updated, to re-engage with the market to share our latest thinking and Digital Transformation principles. This PIN seeks to gain feedback from potential suppliers, with an intention to primarily focus on technology solutions/suppliers for the Equity Loan Administration service. Suppliers who responded to the original PIN are encouraged to supply any further details they feel relevant, however it should be noted that this PIN does not supersede the original notice and is not to the detriment of any suppliers that originally responded. The current Mortgage Administration service administers all Homes England equity loan products from the point of approval through to redemption. This includes older 'legacy' products (First Time Buyers Initiative, LondonWide Initiative, Armed Forces Home Ownership Scheme, HomeBuy Direct and FirstBuy) as well as the current help to buy scheme. Homes England have a small number of approved agents who handle the process of approving applications for Home England's equity loan products up to and including the release of funds to allow completion of an approved home purchase. The PIN Process: *All interested parties will be invited to a supplier briefing event (via a webinar - access details will be issued via ProContract @https:// procontract.due-north.com/Home/About) where Homes England will explain our current thinking with regards to the possible structure of the formal procurement and an overview of our requirements with regards to the Equity Loan Administration. *After the supplier briefing event, suppliers are invited to respond via ProContract to the questions included in this document. We strongly suggest that suppliers hold their responses until after the supplier briefing event. *At the discretion of Homes England, where we require clarification or further understanding of issues with specific suppliers, we may also speak to these suppliers to inform our requirements *Suppliers should note that this PIN is focused predominantly on requirements to support Help to Buy Equity Loan Administration, although some information is also being sought to support t

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6ecb2f84-50f2-4cb3-9abf-3872368c17b9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b58c2e89-07f9-4b94-b062-dc01acca4ff9
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
7 May 20205 years ago
Submission Deadline
Not specified
Future Notice Date
25 May 2020Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
SW1H 0TL
Post Town
South West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-6ecb2f84-50f2-4cb3-9abf-3872368c17b9-2020-05-07T10:53:09+01:00",
    "date": "2020-05-07T10:53:09+01:00",
    "ocid": "ocds-b5fd17-6ecb2f84-50f2-4cb3-9abf-3872368c17b9",
    "language": "en",
    "initiationType": "tender",
    "title": "Homes England - Help to Buy Equity Loan (Mortgage) Administration",
    "planning": {
        "milestones": [
            {
                "id": "1",
                "title": "Engagement end date",
                "type": "engagement",
                "dueDate": "2020-05-25T23:59:59+01:00"
            }
        ],
        "documents": [
            {
                "id": "1",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/4ca0ef09-c7f8-40ac-a1c1-51738cec26fd",
                "datePublished": "2020-05-06T17:26:18+01:00",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "marketEngagementNotice",
                "description": "Early engagement notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/b58c2e89-07f9-4b94-b062-dc01acca4ff9",
                "datePublished": "2020-05-07T00:00:00+01:00",
                "dateModified": "2020-05-07T10:53:09+01:00",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "tender": {
        "id": "HCA001-DN464076-54600475",
        "title": "Homes England - Help to Buy Equity Loan (Mortgage) Administration",
        "description": "Homes England issued a Prior Information Notice (PIN) in February 2020. This PIN is a further update to the original notice (ref 2020/S 035-083918). This Prior Information Notice (PIN) is not a call to competition. Following the original PIN, Homes England have secured approval of a Digital Transformation Business Case which aims to design and own an end-to-end service that: * Meets the needs of both users and Stakeholders * Provides a seamless service between customers, agents and advisors * Delivers a better service to users (customers) and stakeholders This PIN has therefore been updated, to re-engage with the market to share our latest thinking and Digital Transformation principles. This PIN seeks to gain feedback from potential suppliers, with an intention to primarily focus on technology solutions/suppliers for the Equity Loan Administration service. Suppliers who responded to the original PIN are encouraged to supply any further details they feel relevant, however it should be noted that this PIN does not supersede the original notice and is not to the detriment of any suppliers that originally responded. The current Mortgage Administration service administers all Homes England equity loan products from the point of approval through to redemption. This includes older 'legacy' products (First Time Buyers Initiative, LondonWide Initiative, Armed Forces Home Ownership Scheme, HomeBuy Direct and FirstBuy) as well as the current help to buy scheme. Homes England have a small number of approved agents who handle the process of approving applications for Home England's equity loan products up to and including the release of funds to allow completion of an approved home purchase. The PIN Process: *All interested parties will be invited to a supplier briefing event (via a webinar - access details will be issued via ProContract @https:// procontract.due-north.com/Home/About) where Homes England will explain our current thinking with regards to the possible structure of the formal procurement and an overview of our requirements with regards to the Equity Loan Administration. *After the supplier briefing event, suppliers are invited to respond via ProContract to the questions included in this document. We strongly suggest that suppliers hold their responses until after the supplier briefing event. *At the discretion of Homes England, where we require clarification or further understanding of issues with specific suppliers, we may also speak to these suppliers to inform our requirements *Suppliers should note that this PIN is focused predominantly on requirements to support Help to Buy Equity Loan Administration, although some information is also being sought to support t",
        "status": "planning",
        "classification": {
            "scheme": "CPV",
            "id": "66000000",
            "description": "Financial and insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    },
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "suitability": {
            "sme": true,
            "vcse": false
        }
    },
    "parties": [
        {
            "id": "GB-CFS-143253",
            "name": "Homes England (the name adopted by the Homes and Communities Agency)",
            "identifier": {
                "legalName": "Homes England (the name adopted by the Homes and Communities Agency)"
            },
            "address": {
                "streetAddress": "50 Victoria Street, Westminster",
                "locality": "London",
                "postalCode": "SW1H 0TL",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "David Minto",
                "email": "david.minto@homesengland.gov.uk",
                "telephone": "+44 1914977667"
            },
            "details": {
                "url": "https://www.gov.uk/government/organisations/homes-england"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-143253",
        "name": "Homes England (the name adopted by the Homes and Communities Agency)"
    }
}