About us
Our mission
We help solve the homelessness crisis for families by delivering high-quality homes that build foundations for successful lives.
Where it all began
Originally formed by the London Borough of Newham as an innovative and independent vehicle for the acquisition and refurbishment of temporary accommodation; we work in 19 local authority areas across London and Essex. We continue to acquire and refurbish properties and we also offer intermediate rented homes for local key workers.
Our Objectives
- Doing what is right.
- Data quality.
- Equality, Diversity and Inclusion (EDI).
- Value for money.
Our mission
Working together to provide safe and quality homes for those in need
Where it all began
Originally formed by the London Borough of Newham as an innovative and independent vehicle for the acquisition and refurbishment of temporary accommodation; we work in nine local authority areas across London and Essex. We continue to acquire and refurbish properties and we also offer intermediate rented homes for local key workers.
Our Corporate Objectives
- Homes that people want to live in
- Services that our customers are happy with
- Being a successful and well managed organisation
- Beyond Bricks
Who we are & what we do
We believe that everyone deserves a safe, stable place to call home. Our mission is simple but ambitious: to help solve the homelessness crisis for families by providing high-quality settled homes that create strong foundations for successful lives. For us, a settled home means residents can stay for as long as they need, and a high-quality home means it is safe, warm, sustainable, and affordable to run.
Since our founding, we have focused on expanding the number of homes available to people in urgent housing need. As safety standards and regulations have evolved, we’ve made it our priority to ensure that every home we own is safe, well-maintained, and affordable for our residents.
Our bold five-year strategy reflects our ambition not only to adapt to changes in the social housing sector but to lead the way. By aligning with new regulatory standards and deepening our commitment to residents, we are determined to enrich lives and create lasting impact.
Our housing model
Our unique approach benefits residents, local authorities, and funders.
- For residents: We provide safe, warm, and affordable homes where people can stay for as long as they need – homes that are sustainable and cost-effective to run.
- For local authorities: We offer a more cost-effective alternative to temporary accommodation, reducing costs by at least 20% per home per week compared to the private sector.
- For funders: We represent a secure and responsible investment, delivering measurable social impact alongside financial stability.
Who we are & what we do
We provide safe, secure, good quality homes for those who need them most. We help local authorities by offering an alternative to the poor quality, expensive private sector accommodation often used for temporary accommodation. During our growth period commencing in 2016 we partnered with Newham Council to purchase 800 new homes. The remaining 76 properties will be completed by 2021.
Our customers are often families and individuals who have needs other than just housing. To help them to maintain their tenancies successfully we want to ensure that they can easily access all the support they need. We will assess the value of forging new partnerships with other services which work alongside housing such as health, care, support and education because we recognise that our resources are likely to be more effective when they are joined up.
Our customers’ health and safety is at the forefront of our new strategic direction. We provide good quality and safe housing, investing in both our new and existing homes. We will reduce our carbon footprint wherever we can in the investment in our homes. Our tenants are our customers: by respecting their views, wishes, needs and feedback we will deliver a service that meets their needs and continuously improves. We want our tenants to feel valued and we will provide as wide a service as possible to support our customers to have sustainable and successful tenancies.
Our business model is innovative and financially successful. We have been re-affirmed a top credit rating of AA – credit rating from S&P Global Ratings 4 years on the run. In 2020 our AA- rating came with a Stable outlook for the future and Local Space was the only housing association to achieve that rating for the year. At our last IDA we achieved G1 and V1 ratings from our Regulator, the HCA.
Our Values
Our values are the foundation of our organisation and shape how we deliver services. This is what our values mean to us:
Genuine team players
- We collaborate.
- We champion the success of others and the team.
- We have each other’s back – we know and trust each other.
Ambitious and proactive
- We are self-starters and eager to learn.
- We are empowered to solve problems.
- We constantly find ways to add value and improve.
Do the right thing, even when it is hard
- We know when to speak up when something isn’t right, even if it means having uncomfortable conversations.
- We are courageous in exploring new ways of working in service of our customers.
- We hold each other accountable.
Take the work seriously, but don't take ourselves too seriously
- We care about people experiencing homelessness and the work we do to provide homes for them matters to us.
- We bring joy and energy to all that we do.
- We have a sense of humour and laugh with our colleagues.