Track record

National affordable housing portfolio advice

Legal & General Affordable Homes

Delivery of co-ordinated valuation and cost consultancy advice on a national portfolio

Residential development

Affordable Housing

Cost Consultancy

Service

Residential

Industry

Will Maby

Will Maby

The project

The Residential Development Consultancy and Affordable Housing team at Rapleys was instructed to provide valuation advice to For-Profit Registered Provider Legal & General Affordable Homes (L&GAH) to support its acquisition of 251no. properties from Barratt Homes.

The properties will form part of a partnership between Barratt Homes and L&GAH to launch Kickstart, a new shared ownership scheme that will be rolled out nationally.

Our Cost Consultancy team was also instructed to provide Reinstatement Cost Assessments for each property for insurance purposes.

Will Maby

Partner – Residential

Will Maby

“Thank you to the team at Rapleys whose diligent, professional and expert work on the valuation side has been integral in getting this partnership and pilot off the ground.” Alex Stephens, Assistant Development Manager at L&GAH

Our solution

We provided L&GAH with detailed valuation and cost consultancy advice which included:

  • Red Book valuation on a portfolio of multiple sites across all regions of England.
  • Detailed Reinstatement Costs Assessments for insurance purposes for each property.

We were required to meet tight deadlines and react swiftly to any last-minute changes to the portfolio. We continue to provide updated valuations to support on-going sales of the properties.

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