1999 the buyout owned7 properties all in substandard condition 2001 Park House and Inverie house sold Income generated 200k to support hydro refurbishment ID: 223925
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Slide1
1999 – the buyout – owned7 properties
all in substandard condition
2001 - Park House and Inverie
house sold. Income generated – 200k
to support hydro refurbishmentSlide2
And don’t forget the paperwork…!
Housing and tourism survey in 2001 led to clear support for the need for temporary accommodation to support the local economy
Start keeping statistics
Establish housing list
Make sure you know your AT5’s from your AT6’sSlide3
2001 – A frame built – temporary fully furnished, shared accommodation for temporary workers
- local labour worked for half normal rates
- funded from KF reserves
- total cost around 25k ( rental levels to reflect 10 year payback)
- in 2013 , refurbished to provide 1 unitSlide4
And don’t forget the paperwork…!
New property means new tenants means……allocations.
Draft allocation policy and procedure drawn up and implemented in 2002Slide5
2002 - single bedsit created – own fundsSlide6
2003 – Foreman’s and Stalkers refurbished to
provide affordable accommodation
- empty properties grant
- improving housing for older people grant
- Mortgage through Triodos bankSlide7
And don’t forget the paperwork…!
Sale of land policy started in 2002
Sites identified, valued, discussions and arguments
Continue with statistic collation, collecting rents etc……Slide8
2002 – 3 sites start sale process for homes but with no conditions –
generated income for KF projects but raises issues:
- residential or commercial?
- length of time to build?
Sale of 3 sites led to revised housing policy and shared equity
schemeSlide9
2004 – KFT ( local charity) build A Frame on KF land using own funds and
labour - KF receives nominal land rental. Tied accommodation.
2005 – Son rise a Frame built by local building
Contractor, no land rental – becomes a Foundation
property in 2015Slide10
And don’t forget the paperwork…!
Housing policy drawn together in 2006
Keep collecting statistics
Lodger agreements drawn up
First housing needs survey in 2006
Shared equity scheme starts being discussed in 06 – finalised in 2009!
Yurt site
Landbanking
discussions?Slide11
And don’t forget the paperwork….!
Preparation for rural homes for rent
Join landlord accreditation scheme?
Joined SLE
Revised housing need survey 2008
Update statistics
Registered as a landlord with Highland council ( better late than never….)
Training Slide12
2011 – Rural Homes for rent, funded by
- Rural Homes for Rent grant
- Mortgage with Triodos bank
- Knoydart Foundation reserves
- Highland Housing Alliance charitable trust
( specific items eg solar panels)Slide13
2011 – Rural Homes for rent ( details as per previous slide)
2012 – 2 more shared equity schemes start
- aim is to generate 5k per plot cash for KF
2012 – start sale of plot on open market to raise funds (hoping for around 60k) for refurbishment of….Slide14
And don’t forget the paperwork
Revisit housing needs survey
Re register with highland council
Get tenants pack drawn up ( now a legal requirement)
trainingSlide15
2016 – refurbish Farm Bothy? Part of proposed
major redevelopment in area creating new
bunkhouse and single person housing………….Slide16
But building a property is only the start of the story………….
( bet you didn’t want to know that did you…..)
Don’t forget about the maintenance!!!Slide17Slide18
And don’t forget the paperwork…..
Keep records of build and changes
Keep design simple
Plan maintenance
Record it
Keep plans of plumbing and electrics
Keep suppliers handbooks, guarantees
Make sure tenants have information
Be clear on
responsiblities
( yours and tenants)