Planning

Homes England - First Homes Pilot

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

This public procurement record has 2 releases in its history.

Planning

23 Apr 2021 at 09:55

Planning

06 Apr 2021 at 14:39

Summary of the contracting process

The procurement process is initiated by Homes England (the name adopted by the Homes and Communities Agency) for the "First Homes Pilot", which falls under the real estate services category. This tender is currently in the planning stage, with an engagement end date set for 7th May 2021. The pilot is aimed at delivering approximately 1,500 First Homes available for eligible first-time buyers at a discount of at least 30% compared to market prices. Relevant details can be found within official documents linked from the procurement notice, with an estimated budget of £150 million allocated for this initiative targeting locations across England, excluding London.

This tender presents significant opportunities for house builders who wish to engage in the affordable housing market, especially those specialising in residential property development. Businesses capable of providing innovative solutions in home construction, and those with connections to mortgage lenders or local authorities, would be well-suited to compete for this pilot. Participation in this early engagement exercise is designed to help Homes England in refining the pilot's requirements, thus enabling builders to provide the kind of housing that buyers need while facilitating the successful implementation of the First Homes scheme.

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Notice Title

Homes England - First Homes Pilot

Notice Description

Documents for this market engagement can now be found here: https://procontract.due-north.com/Advert?advertId=f28881db-d096-eb11-810c-005056b64545&p=315ec497-7ab1-e611-8118-000c29c9ba21 The new First Homes Affordable Housing scheme will seek to support eligible first-time buyers to buy a home for a discount of at least 30% compared to the open market price. Full details of the scheme can be found here. https://www.gov.uk/government/consultations/first-homes The First Homes discount will be registered on each home title in perpetuity. This Early Engagement relates to a First Homes Pilot scheme for 2021-23 that will deliver an estimated 1,500 First Homes for sale. The early pilot delivery will provide learning to Homes England to assist the national implementation of First Homes which will deliver at scale via the planning system. Homes England intends to procure house builders to offer Pilot First Homes for sale from summer 2021 with the support of Homes England grant funding estimated to be up to PS150m. These Pilot First Homes made available in this way will be from homes intended for market sale (not any Affordable Housing provision already agreed between builders and Local Authorities) discounted by 30%, marketed as First Homes and purchased by eligible buyers. This Early Engagement is not a call to competition. The purpose is to invite potential suppliers, house builders and relevant third-party stakeholders e.g. mortgage lenders and Local Authorities, to participate in a market testing exercise to assist Homes England in the design of the Pilot and our requirements. This market testing exercise consists of an Information Document and questionnaire which is now available on procontract and, at the discretion of Homes England, may also include one or more information days at which feedback may be provided on a face-to-face basis. The First Homes Pilot with grant funding will apply to England excluding London. A decision on whether the Pilot will be divided into lots has yet to be made. Additional information: Those wishing to request an Information Document and questionnaire must email their request to first.homes@homesengland.gov.uk

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-dfd81d8c-a2d1-4831-8859-4c41ec463e8f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9049cdc8-551a-4a86-a1c1-952818cb7567
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

70 - Real estate services


CPV Codes

70000000 - Real estate services

Notice Value(s)

Tender Value
£150,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 20214 years ago
Submission Deadline
Not specified
Future Notice Date
7 May 2021Expired
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

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
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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