RFP QuestBeta
ClosedStage · contract

Homes England

Homes England - First Homes Pilot

Real EstateCPV 70000000
Value£134.0m
Deadline13 Sept 2021
Published30 May 2022
RegionLondon
Timeline
Published 30 May 2022ClosedCloses 13 Sept 2021
Contract value in context
£134.0mtotal contract value
median £100k
this tender£0£144.7m

This is a large award for Real Estate Services — above three-quarters of comparable contracts. Based on 3,366 valued Real Estate Services tenders in our corpus.

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The brief

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 found here. https://www.gov.uk/government/consultations/first-homes The First Homes discount will be registered on each home title in perpetuity.

This notice 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 £150m.

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 opportunity may be access via Homes England's etendering system, ProContract ( https://procontract.due-north.com/ ) by searching for reference number DN531227.

Key requirements

What the supplier must deliver

01

The new First Homes Affordable Housing scheme

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.

02

The early pilot delivery will provide learning

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.

03

Homes England intends to procure house builders

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 £150m.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
df9e3217-91dc-42e4-8b2d-9079d8f26739
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
HCA001-DN531227-52239142
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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