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The external circumstances TCH works in will define the delivery method of this strategy. Property prices fell by -0.8% in March 2023, the sixth straight month of reduction according to Savills House prices now fall -4.6%, from their August 2022 pre-mini Budget peak.Five By 2023 the Office of Budget Responsibility anticipates a 0.2% reduction in the UK house market Resources and Wor Over the following five years, build cost inflation is 

predicted to grow between 17% and 27%. Land values and development margins will thereby be under pressure In construction, same manpower and skill shortages lead to higher and rising costs. This is especially important in emerging markets and technologies like supply and maintenance of air source heat pumps, which will soon become a significant 

specification item for our new homes Workers and instruments In April 2023 social housing rent increases were limited at 7%. Since they reduce our rental surplus, which influences our ongoing investment in both new and existing homes, rising inflation and the rent cap cause great anxiety. Our fundamental cost of funding will change in line with the Bank of England 

Bawill rise so influencing our interest 

rates and maybe reducing our capacity for new housing building The industry struggles to attract and keep employees. Studies by Bailes Partners Consulting indicate that 56% of social housing staff members plan to quit the industry in search of improved salary, benefits, and career opportunities.sixth Furthermore, if land purchasing gets more complicated, a skills 

shortage could result. Neutrality of nutrients Nutrient neutrality affects local authority areas within the River Stour basin. Projects not nitrogen and phosphate neutral will not be approved by the local planning authority in these areas. This has impacted the quantity of Kent homes approved for planning; from over Governmental doctrine Moreover affecting TCH's capacity t

offer fairly priced homes is government policy on First Homes. First houses' delivery style will influence the total supply of moderately priced houses under Section 106 agreements Furthermore, and even with a 30% discount, it is unlikely to make new homes more fairly affordable in areas like Tunbri with high property values.These homes are most 

Likely purchased by people who would have

done on the free market anyhow, unlike those who would have purchased under the shared ownership structure Section 106 agreements will be replaced, according to government announcements in May 2022 by a new flat rate National Infrastructure Levy. For the on-site delivery of new social homes, the charge will replace a tax, therefore substituting their 

obligation. The tax will provide a new method for calculating developer contributions toward affordably priced homes and could create a delivery risk even though some legislative details are yet unknown Maintaining 2021 the denial of Wealden District Council of Stonewater's application for remission from the Community Infrastructure Levy Policy, the Stonewater v. Welden case sustained in 2021 The decision was kept in place since Stonewater lacked 

enough evidence that every development house isThere are 409 homes under redevelopment or option contracts under our own landbank. Strong partners will help us to continue using our development skills to obtain suitable contracts for projects involving thd value creation We shall keep offering various home ownership options to provide reasonably 

Priced routes into home ownership

More especially, a range of intermediate choices including flexibuy, intermediate market rent housing, joint ownership, Private sales will support the initiative; should acceptable returns or investors in our area increase, we will still be able to offer private rental properties Supported accommodatio TCH acquired Peabody's South-East home improvement and support services, then formed the Home Improvement Support Team (HIST). Having internal 

knowledge and skills for support enables us to assess and carry out supported housing projects in the surrounding area far more successfully.mentorsPassed in 2022 after the 2017 Grenfell Fire disaster, the Building Safety Act We praise the government's revised building and fire safety policies as well as their positive impact on residents and the overall result of 

raising standards in the larger sector of home development. But the modification in building safety standards results in higher industrial costs The costs of doing remedial repairs could restrict our agenda of development. According to National Housing Federation research, 11% of new affordable homes are avoided from being created by the cost of building safety repairs over the next five years TCH has five high-rise bocks (above 18 meters), while fire safety 

Conclution

costs are presumably higher for social housing providers with a larger share of high and mid-rise property. Our building safety expenses will therefore most likely also increase. eligible for relief, however the Section 106 arrangement let just 35% of the homes be reasonably priced This case has set a legal precedent for Section 106 agreements to function as a cap 

on the extent of reasonably priced homes inside a development December 2022 government publication on Guidance on the Right to Shared Ownershi Subject to certain criteria, tenants under the plan will be able to buy an interest in their home worth between . Thisdelivery of new social homes, the charge will replace a tax, therefore substituting their