Monday, 25 January 2016

Self-build Scheme for Ladywell - update

Proposal for the Ladywell site by designers Architype
Last week the Guardian reported - in the context of Walter Segal's pioneering Walters Way self-build scheme of the 1980s - on the self-build scheme planned for the former Watergate School site, at the end of Church Grove in Ladywell.  The article says:
"On a site in Ladywell, a couple of miles east of Walters Way, the council has agreed to hand over the land on a long-term lease to the Rural Urban Synthesis Society (Russ), a community land trust (CLT) set up by Dayes, to develop 33 new homes for a mix of affordable tenures. Unlike the original Lewisham self-builds of the 80s, the Ladywell development will remain affordable in perpetuity, with rents linked to local incomes through the community land trust, which will retain a stake of at least 20% in each home.
"The proposal includes five flats for social rent; two shared flats – each with three purpose-designed studios for young people unable to afford full market rents; 14 flats offered on a discounted shared-equity basis (the CLT’s stake will enable control of subsequent resales to people similarly in need); and 12 homes available shared-ownership, where residents buy a 25% share and can 'earn' up to a further 12% ownership to reflect the sweat equity in building their homes."
Robert Sheppard

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