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