Lyvennet - Our Journey David Graham 24th September 2014 Agenda • Location • Background • Housing • Community Pub • Learning • CLT Network Lyvennet - Location The Lyvennet Valley • Villages - Crosby Ravensworth, Maulds Meaburn, Reagill and Sleagill • Population 750 • Shop – 4mls • Bank – 7 mls • A&E – 30mls • Services – • Church, • Primary School, • p/t Post Office • 1 bus / week • Pub The Start – late 2008 • Community Plan • Housing Needs Survey • Community Feedback Cumbria Rural Housing Trust Community Land Trust (CLT) The problem • 5 new houses in last 15 years • Service Centre but losing services • Stagnating • Affordability Ratio 9.8 (House price / income) Lyvennet Valley 5 Yearly Average House Price £325 Cumbria £300 £275 0 £250 0 Average 0 , £ £225 £182k £200 £175 £150 2000- 2001- 2002- 2003- 2004- 2005- 2006- 2004 2005 2006 2007 2008 2009 2010 Years LCT “Everything under one roof” Local Residents Volunteers Common interest Various backgrounds Community ‘activists’ Why – Community Land Trust • Local occupancy a first priority • No right to buy • Remain in perpetuity for the benefit of the community • All properties covered by a Local Occupancy agreement. • Reduced density of housing • Community control The community view was that direct local stewardship via a CLT with expert support from a housing association is the right option, removing all doubt that the scheme will work for local people. Our Journey End March2011 Tenders Lyvennet 25th Jan -28th Feb £660kHCAFunding Community 2011 £1mCharityBank Developments FullPlanning 25th Jan2011 Full Planning Builder-Atkinsons 20th Jan2011 Selfbuildplanninglodged Site Acquired 24th Dec 2010 CAF £300,000 CharitableStatus CharityCommission Pre-Qualified as 15th Dec 2010 InvestmentPartner Registered Provider HCA TSA 20th Sept 2010 28th Sept 2010 BIG Tudor Trust SOCIETY £3,500 Vanguard Eden DC CAF £30,000 £30,000 Lyvennet Community Trust Business Plan 2010 RegisteredCompany Feb2010 20th Aug2009 Tudor Trust 1stMeeting Parish £2,500 Jan2009 £1,000 2009 Big Society • We are, were and will continue to be • No change then! Our community knew what it needed Government support – “bureaucracy busters” – Simplifying processes / procedures – Changing departmental attitudes – Providing support and guidance • Rory Stewart MP – our Champion • Eden District Council Housing Our Scheme • 20 houses – 10 rented – 2 shared ownership – 8 self build • Village green • Local Occupancy Circa £2m The Site • Old Stone Works • Bats • Asbestos • Planning issues • Slurry Pits • Edge of Flood plain • Foul Drainage • Surface water Stoneworks Garth Funding • HCA - £660k • Mortgage - £500k • Sale self-build plots - £600k • Grants - £50k • CAF - £330k loan • Charity Bank Loan - £1.5m • Fundraising £8k July 2012 Official Opening 27th October 2012 Outcome • 12 homes + 2 under construction + 3 planned • Further plots to sell • 13% increase in primary school roll • Our rents 66% of ave. open market • 8 homes with children • 15% increase in village population Journey is not over • Plots to sell • In process of re-financing • Road adoption • Self-management THEN ? Lyvennet Community Pub £290,000 Butchers Arms Purchase £250,000 • Shareholders £300k £200,000 • Grants / Loan – Key Fund £150,000 – Cumbria County Council £100,000 – Eden District Council £50,000 – Coops £45k Total £345k The Facts • Industrial & Provident Society • 301 shareholders • Investing between £250 and £20,000 each • Irrespective investment – 1 vote • Investors – America, Australia, Singapore, Spain, Netherlands, France, • Board 9 • 1st Interest 3% Shop Maintaining Momentum The Challenge ! • Strong focused group • Commitment and drive • Be pushy, demanding • Planning – Plan the trip • Engage professionals at key stages • Involve community – information key • Have fun along the way Lyvennet Learning • Make the connections + use the CLT Network • Have a good plan • Never accept ‘NO’ • Think out of the box • Keeptrying–donotgiveup • There is money out there – you just have to find it • Every little helps • Community support is crucial • Review, review, review – be flexible HAVE SOME FUN as well Capacity, Confidence, Pride, Community, Support ,Trust, Friendship, Etc etc etc Lyvennet Community Trust www.lyvennetcommunitytrust.org Lyvennet Community Pub (The Butchers Arms) www.lyvennetcommunitypub.com [email protected] National CLT Network • Lobbying and influencing • Support • Grants • Resources & best practice • Step by Step guides • Training and events • Case studies www.communitylandtrusts.org.uk.