Transit rent, monthly and in advance
Paid on the first, for the full period, whatever happens to our programme. A delay on our side is not a member's problem.
Ageing colonies, society buildings and institutional estates taken through approvals, transit, demolition and rebuild. Transit rent on the first of the month, and the rehab block finished before the sale block starts selling.
Redevelopment is a construction job wrapped in a trust problem. The building part we have done many times. The part that decides whether it finishes is whether sixty families believe you will still be there in the fourth year.
Old society buildings rebuilt for existing members, with the additional area funded by the sale component.
Institutional and departmental housing estates rebuilt in phases so that occupants move once rather than twice.
Disused industrial plots cleared, remediated where needed, and rebuilt for a permitted use.
Where the development rights sit with somebody else and they need the rehab block built to programme.
The order matters more than the speed. Most stalled redevelopments moved people out before the approvals were safe, and then everybody waited in a rented flat while a file sat somewhere.
Title, plot area, permitted development, structural condition of what stands, and an honest first view of what the members can actually be offered.
The offer put to the general body in writing, in plain language, with the area statement and the corpus set out. Consent taken the way the local rules require it.
Development agreement registered, individual agreements signed, then the approval run through the local authority. This is the stage that takes the longest and the one worth taking slowly.
Transit accommodation or rent arranged and the first payment made before a single family moves. Then demolition and debris clearance.
The rehab block is built and handed over before the sale block is offered to the market. It is slower for us and it is the only version members should accept.
Occupation certificate, possession to members, corpus paid, defect liability run, and the conveyance completed rather than left open.
Plot lines, access and the members' rights stay exactly where they were. Everything above ground is on the table.
Paid on the first, for the full period, whatever happens to our programme. A delay on our side is not a member's problem.
Issued before demolition and held until possession, so the security is not our balance sheet.
The amount and the payment date go into the agreement rather than into a conversation.
Completion date in the agreement, with the penalty for overrun written in the same clause.
Piling, formwork, plumbing, electrical, lifts, joinery and facade work go out on their own. We are open to separate bids from people who want to be part of our tender.
Plot area, the building that stands on it today and the number of members. We come back with an area statement, a corpus figure, a transit arrangement and a dated programme, as an offer rather than an opinion.