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Home > Company News > Former Dorset hotel finds new lease of life in the community as low cost housing

Former Dorset hotel finds new lease of life in the community as low cost housing

Posted on: 20/10/2020

Charitable housing association BCHA has recently completed the purchase of a newly converted development in Bournemouth of 19 one- and two-bedroom flats – formerly a hotel and bar – with the help of grant support from Homes England’s Affordable Homes Programme. This will provide much needed modern accommodation for local residents and families.

There is also a two-bedroom detached house on the site, which is being marketed as a shared ownership property for first-time buyers.

The acquisition of these properties aligns with BCHA’s goal to build or acquire appropriate accommodation for social (low cost) rent and provide home ownership options for people on lower incomes and in need of more secure long term homes. It also contributes to the supply of affordable homes to support local authorities, such as BCP Council, to meet local housing need and bring us closer to ending homelessness.

BCHA is working closely with BCP Council to house tenants already on the housing waiting list who are in housing need.

This property will help meet the longer term needs of people successfully moving on from supported housing, as well as providing one flat for a Housing First solution.

Hony Premlal, BCHA’s new Director of Customer, Homes & Tenancy Services, said:

“BCHA is extremely proud to have played a part in bringing an empty building back to life, providing affordable homes for local people by working with BCP Council.  We are passionate about doing everything we can to tackle the housing crisis and homelessness.

“In addition to rented accommodation, this site has a brand new house, which we have marketed as shared ownership. This will provide a fantastic opportunity for a local, first time buyer to own their own home at 40% of its market value with opportunity to increase their ownership over time.

“This development is an excellent example of a redundant site being repurposed for the benefit of the local community and we hope that the new tenants/homeowners will enjoy the benefits of these properties for many years to come.

“We held a number of meetings with the local residents’ association to discuss with them how the scheme will benefit local residents, as there is a shortage of quality housing in Bournemouth.

“We are extremely grateful to Homes England for grant funding, which enabled us to buy this property, which will help make a local impact on housing needs.”

Councillor Robert Lawton, Portfolio Holder for Homes, BCP Council, said:

“We are delighted to support BCHA on this development, which will provide 100% much needed affordable homes in the BCP area. It is also a significant benefit that the development will provide a flat for the housing first scheme to help tackle homelessness and rough sleeping.”

 

 

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