Guest blog: Building genuinely and permanently affordable homes is part of the solution

Oliver Bulleid, Executive Director at the London Community Land Trust, outlines how innnovative thinking and alternative solutions are essential to achieve housebuilding targets. 

Oliver Bulleid, London Community Land TrustThe Labour government has pledged to build 1.5m homes, but this will never happen without innovative thinking and alternative solutions. Community Land Trusts are one of the alternatives.  

CLTs, like London CLT (LCLT), build genuinely and permanently affordable homes and – crucially when we need Nimbys to become Yimbys – they give communities agency in developing those homes. We work with the community to build homes that are wanted and needed.  

People – the Community – are at the heart of a CLT. Land is the asset being held, where the price of a CLT home is linked to average local incomes in perpetuity. The final piece, Trust, is the long-term stewardship of that asset. 

In practice this works through an entirely community-led process, backed by London CLT’s technical and practical guidance. It begins with finding a site and continues beyond when residents move in. 

With Citizens House (our direct development of 11 homes in Lewisham that opened in 2023), a community campaign group walked the neighbourhood, plotted potential sites on a map and presented it to the council. Lewisham Council transferred a piece of land – a tricky site of underused garages backing onto a school – and a community steering group open to all local residents took this forward. 

What’s interesting is that the community campaigners are rarely residents of the finished affordable homes. They are creating homes that will directly benefit others but indirectly benefit the community as a whole for years to come. CLTs are a demonstration of the wider community’s deep sense of ownership and value. 

Day to day, residents take on stewardship by forming a Resident Management Company to manage their own homes. They choose a managing agent to carry out repairs and works, but could specify that these are done by local people, supporting the local economy. The key is they are invested in their community and empowered through the RMC. When the residents of Citizens House recently got together for a gardening day to spruce up the public spaces around their homes, residents from the wider neighbourhood stopped by to chat. It all fosters connections, engagement and long-term good. A point of note when loneliness is another acute issue in the London housing mix. 

Engagement is a win for community members, who are being heard, having genuine input and creating genuinely affordable homes for local people. It is a win for the council: they no longer have a difficult site to manage through disrepair or even anti-social behaviour, and they can add additional affordable homes to their target without managing that process themselves. 

London CLT is working on eight sites across seven London boroughs. For instance, we have a project at Cable Street, Shadwell, for 41 affordable CLT homes that recently secured enough Greater London Authority funding to take it to planning.  

And CLTs are proven providers; there are 500 working or forming across England, Scotland and Wales with projects big and small. CLTs can work with larger-scale private developers, too. With good community engagement, you hear voices and concerns you wouldn’t hear otherwise. This leads to buy-in, and if there’s something to offer the community, a developer could end up with more homes than it originally foresaw, and a project supported through the planning system. 

UK housing needs additionality and alternatives if it’s to solve what is a decades-old crisis. Community Land Trusts are part of that solution.  

Find out more: www.londonclt.org  

This article was first published in Society Matters magazine

You may also be interested in...

BSA Card
  • BSA.Event Event
  • Prudential Regulation

Risk appetite training for credit unions

This course has been postponed. Please contact the events team if you're interested in attending a future course. With increasing regulatory focus ...

BSA Card
  • BSA.Newsbite_1 Society Matters
  • Thought leadership

The future is mutual if we want it to be

Featuring many of the brilliant speakers from the Building Societies Conference, with plenty to inspire, challenge, and empower.

BSA Card
  • BSA.Event Event
  • Prudential Regulation

Treasury management training for credit unions

The objective of the course is to introduce participants to the role of Treasury, providing an introduction to financial markets, yield curves and how...

BSA Card
  • BSA.Event Event
  • Audit & Taxation

Risk, regulatory, audit and accounting seminar

After a successful in-person event in 2024, and responding to delegate feedback, this year's annual update will once again take place in Birmingham. ...

BSA Card
  • BSA.PressRelease Press Release
  • Prudential Regulation

BSA responds to Bank of England announcements

Responding to today's announcement from the Bank of England, Ruth Doubleday, Head of Prudential Regulation at the BSA said: "The BSA welcomes the c...

BSA Card
  • BSA.Event Event
  • Thought leadership

Navigating Uncertainty: Omnichannel Customer Communications That Build Trust in Financial Services

A free webinar hosted by BSA Associate, Quadient We’re excited to invite you to our upcoming thought leadership webinar: "Navigating Uncertaint...

BSA Card
  • BSA.PressRelease Press Release
  • Savings

Open letter to the Chancellor to save Cash ISAs

Open letter to the Chancellor highlighting the importance of retaining the Cash ISA limit

BSA Card
  • BSA.PressRelease Press Release
  • Savings

BSA comments on the news that reform of Cash ISAs on hold

The BSA welcomes the announcement

BSA Card
  • BSA.Event Event
  • Prudential Regulation

Treasury risk and balance sheet management

Due to popular demand, we now offer three tiers of treasury management training for BSA Members, Associates and Non-members. The courses will be repea...