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FutureProof

Company:

DAEDALUS ENVIRONMENTAL LIMITED, Haven Gateway Partnership, HOMES ENGLAND, SWAN NEW HOMES LIMITED

‘FutureProof’ is a new business model designed to increase the quality, variety, sustainability and speed of delivery of new homes in the UK starting in the
south east. It is a whole lifecycle based, housing tenure and delivery model, an alternative to the business-as-usual housing developer approach with the
specific aim of accelerating the delivery of zero carbon new homes at scale and overcoming traditionally perceived barriers to the supply of sustainable new
homes including low absorption rates.
By redistributing the value created through homebuilding (that would normally be extracted as development profit to shareholders, and acting as a constraint
on increased supply), creating new value by reducing waste, increasing speed and productivity, and adopting innovative technologies and construction
methods, a genuine, viable route to the acceleration of very high quality, zero carbon development will result.
In FutureProof the value in home construction will be redistributed across the supply chain and used to directly incentivise quality focused outcomes rather
than a transactional, lowest cost approach. FutureProof is then financed by introducing an institutional investor whose primary interest is securing a long
term, low risk investment return.
From a demand side perspective, FutureProof uses a new ultra-flexible tenure model designed to increase affordability and maximise market reach, ensuring
homes are occupied expediently upon completion.
In short, FutureProof:
* Facilitates very high quality, zero carbon homes by providing a mechanism for institutional investment in strategic housing sites at scale
* Delivers a new, ultra-flexible tenure model to increase affordability and enable easier access to home ownership for a wide spectrum of potential occupiers
thus overcoming market absorption barriers to the acceleration of housing delivery. It establishes a long term relationship between the occupier and the
investor
* Will solely use modern methods of construction to significantly enhance productivity, efficiency and construction standards on site
* Ensures open market land value to landowners and is therefore competitive in the housing market. It has the flexibility to either offer quicker landowner
returns or the option to take an equity stake in the development and receive long term investment income
* Offers a real alternative to current methods of delivery to help to overcome the shortage of new homes