Andium Homes Limited: Assistant Ownership Schemes Approval: Samares Nurseries and Cefn, St. Clement, and Fields No. P632 & P559 'Ville du Manoir' St. Peter

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A decision made 25 October 2017:

Decision Reference: MD-H-2017-0013
Decision Summary Title:	Andium Homes Ltd. – Approval of Assisted Ownership Schemes		Date of Decision Summary:	20th October 2017
Decision Summary Author:	Policy Principal		Decision Summary: Public or Exempt?	Public
Type of Report:	Written		Person Giving Oral Report:	n/a
Written Report Title:	Andium Homes Ltd. – Approval of Assisted Ownership Schemes		Date of Written Report:	20th October 2017
Written Report Author:	Policy Principal		Written Report: Public or Exempt?	Public
Subject: Andium Homes Ltd. – Approval of Assisted Ownership Schemes
Decision(s): The Minister approved the allocation policy and sales mechanism for the Andium Homes Ltd. Assisted Ownership Schemes at: Samarès Nurseries and Cefn, St, Clement Fields No. P632 and P559 (“Ville Du Manoir”), St. Peter
Reason(s) for Decision: The Planning Obligation Agreement for the Samarès Nurseries and Cefn site, St. Clement, requires the Minister to approve the sales mechanism for the Assisted Ownership Scheme and the Eligible Persons to whom properties must be sold. The Ville Du Manoir development, whilst subject to the planning process at this point, is likely to include similar POA requirements should the development be approved. Accordingly, the Minister is also giving in principle consent to the proposed scheme, subject to the outcome of the planning decision.
Resource Implications: There are no resource implications arising from this Ministerial Decision.
Action required: The Minister for Housing to inform the Minister for Environment of the decision and to confirm approval, in writing, to the Chief Executive of Andium Homes Ltd.
Signature:		Position: Deputy Anne Pryke Minister for Housing
Date Signed:		Date of Decision (If different from Date Signed):

Andium Homes Limited: Assistant Ownership Schemes Approval: Samares Nurseries and Cefn, St. Clement, and Fields No. P632 & P559 'Ville du Manoir' St. Peter

Andium Homes Ltd. – Approval of Assisted Ownership Schemes

Introduction

1.1. Andium Homes has commenced work on two affordable housing schemes:-

Samarès Nurseries and Cefn, St. Clement
Ville Du Manoir, St. Peter

Both schemes include units of accommodation for sale to first time buyers.

1.2. The schemes are at different stages of development – the Samarès Nurseries and Cefn scheme has received planning permission and will commence soon; the Ville Du Manoir scheme is presently subject to the planning process.

1.3. The Planning Obligation Agreement (POA) for Samarès Nurseries requires the Minister for Housing to approve the allocation policy for the properties and the sales mechanism.

1.4. Although Ville Du Manoir has not received planning permission, it is anticipated that the POA will require the Minister’s agreement of the Assisted Ownership Scheme – should the scheme receive planning approval.

Samarès Nurseries and Cefn site

2.1. The Samarès Nurseries and Cefn development was approved on 25 July 2017 (P/2016/ 1757). The development will provide 200 affordable homes, 40 which will be sold to first time buyers. The first time buyer properties will be constructed first and are expected to be delivered in 12 to 18 months.

2.2. The allocation policy includes a requirement that properties must be allocated to people registered in Band 5 of the Affordable Housing Gateway and who are first time buyers.

2.3. The proposed sales mechanism used to sell the properties will be the Andium Homebuy scheme. The scheme allows applicants to purchase a property with a deferred payment of 25% the first time buyer value, which remains with the property in perpetuity.

Ville Du Manoir

3.1. The Ville Du Manoir scheme (Fields No. P632 and P559, La Petite Rue de L’Eglise) was submitted for planning consideration at the end of September. The proposed scheme is for 65 first time buyer units of accommodation.

3.2. The proposed allocation policy and Assisted Ownership Scheme for Ville Du Manoir are consistent with other POAs for affordable housing developments. However, should there be any changes to the terms of the POA – if the scheme is given planning permission – then the policy and scheme will be reviewed as required.

3.3. The allocation policy includes a requirement that properties must be allocated to people registered in Band 5 of the Affordable Housing Gateway and who are first time buyers. It is also expected that the properties will be allocated to applicants who “have strong links to the Parish” in recognition of the fact that the scheme is being developed together with the Parish of St. Peter.

3.4. The proposed sales mechanism used to sell the properties will be the Andium Homebuy scheme. The scheme allows applicants to purchase a property with a deferred payment of 25% the first time buyer value, which remains with the property in perpetuity.

Financial and resource implications

4.1. There are no resource implications arising from the Ministerial Decisions.

Recommendation

5.1. The Minister is recommended to approve the allocation policies and Assisted Ownership Schemes for Samarès Nurseries and Cefn and Ville Du Manoir.

Policy Principal

Strategic Housing Unit

20 October 2017