Extra Care Homes

Affordable, Sustainable, Care Efficient, Future Proofed

Working with Local Authorities and Homes England to Deliver a New Generation of Affordable Housing

Year Build Program

Target New Sites

0 +

Apartments each development

£ 300 m

Investment

Our Vision

To deliver, own and manage, sustainable, community based, outward facing Homes for Life at affordable rent for qualifying tenants who can live independently and have intermediate care needs.

Registered Provider of Social Housing

Preferred Homes Limited is a registered provider of social housing approved by the Regulator of Social Housing in April 2020 (reg. no. 5093) to develop, own and manage social housing.

Our objective is to deliver, own and manage a portfolio of new sustainable affordable rented Extra Care apartments with available on-site care, assisting Local Authorities under pressure to provide more social housing suitable for older residents, reducing care budgets and a current reliance on more expensive and unsuitable care alternatives.

We are significantly investing in the sector to become a market leader in the provision of Extra Care housing to qualifying tenants in areas of unfulfilled demand across England.

We are developing new supported independent retirement housing into which our partnering Local Authorities provide or procure intermediate care services for our qualifying residents.

We are working with Local Authority partners where we have identified local demand for affordable rented Extra Care.

We work collaboratively with Local Authority Commissioners identifying suitable sites in community settings and develop apartments with shared facilities, gardens and parking. We have carefully researched the Extra Care market in order to understand and challenge existing design trends, adopt assistive technologies and deliver in accordance with HAPPI principles and Housing LIN guidelines.

We are looking to significantly invest in the sector over the next 10 years and become a market leader in the provision of Extra Care housing to qualifying tenants across the whole of England

Management team

Meet the team

Our multi-disciplinary executive team has more than 30 years hands-on experience in the sourcing, delivery and management of real estate development and investment, including regeneration and housing. The team brings together proven resource in property development and management, legal and accountancy, banking and finance, risk and governance and Local Authority understanding.

Findlay MacAlpine

Chief Executive Officer

Findlay is a qualified chartered surveyor with a 30+ year property investment and management career with Standard Life, Colliers and Mason Philips before investing in Preferred Homes Limited.

Stephen Sorrell

Social Partnership Director

Stephen is a qualified solicitor with a 30+ year social housing specialism, acting for local authorities across England and Homes England since it’s original establishment as English Partnerships before setting up and investing in Preferred Homes Limited.

David Newsome

Chief Financial Officer

David is a qualified chartered accountant with a 30+ year career in structuring, administration, compliance and property acquisition and management before investing in Preferred Homes Limited.

Richard Frank

Property Director

Richard is a qualified chartered surveyor with a 30+ year property development and acquisition career with Asda, Sainsbury and as a self-employed consultant before investing in Preferred Homes Limited.

Alan Ferguson

Risk Director

Alan is a former banker with a 30+ year career in Real Estate and Corporate Asset Restructuring with Chemical Bank, The Bank of Tokyo Mitsubishi and The Royal Bank of Scotland before investing in Preferred Homes Limited.

Non-executive Directors

The Executive Team is supported by it’s non-executive directors;
Jean Bray, Ian Brown and the boards Chairperson, Judith Watson.