Council’s housing programme ready for business

Thanet District Council receives coveted ‘Housing Business Ready’ status

The Housing & Finance Institute (HFi) has bestowed the prestigious National Housing Business Ready Status on Thanet District Council. This recognises the ‘great work’ that the Council has achieved in housing with its commitment to increase the supply of new homes in the area.

The status recognises the Council’s progressive plans and its ability to use its resources in a forward thinking way, rather than simply meet minimum requirements. Only 50 councils across the UK have received this status and Thanet is only the second council in Kent to be recognised.

Effective housing delivery brings significant additional benefits to the local economy in terms of jobs, economic activity and growth.

And it’s working. Over the past few years, Thanet has seen employment rates growing five times faster than the UK average, an 18% rise in registered businesses, a visitor economy growing at ten times the national average and some of the highest house price rises in the country with property values increasing in Margate by 32%, Broadstairs by 28% and Ramsgate by 30%.

Natalie Elphicke, Natalie Elphicke OBE, Chief Executive, The Housing & Finance Institute, said:

"Thanet District Council's commitment to see more homes built and improve housing quality is impressive. Much has already been achieved in its coastal renewal programme. There is great opportunity in Thanet to deliver new, high quality and affordable homes."

Councillor Stuart Piper, Cabinet Member for Housing and Open Spaces at Thanet District Council said:

“It is fantastic that the Housing & Finance Institute has assessed our housing plans against 18 stringent metrics and bestowed ‘Housing Business Ready’ status. In practical terms, this means that they will be supporting and promoting our strategy as an example of best practice nationwide.”

“We are committed to building high quality homes and have an ambitious new build programme for which we are inviting interest from contractors. Thanet is the perfect place to invest. It benefits from great transport connections, world class cultural, heritage and natural assets as well as a distinctive local economy with substantial opportunities for growth.”

“Along with initiatives, such as our Selective Licencing Scheme, which ensures landlords are fulfilling their duties to provide acceptable housing conditions and good property management, and loans for home-owners looking to renovate and move into former empty properties, the council also has a £28m development programme to supply 140 homes. We work with the Homes and Communities Agency, Kent County Council and other partners to deliver significant public sector land for housing.”

“Thanet District Council brings more empty properties back into use than any other council in Kent and its intervention programmes in Cliftonville and Ramsgate are regenerating homes and communities.”

Press Office