Establishing a For-Profit Registered Provider

Many developers and investors are looking at establishing their own / investing in For Profit Registered Providers (FPRP). There are many reasons for doing this. For developers, it allows them to not only retain greater control over the affordable housing segment of their projects but also to overcome the challenges of finding a third party RP to purchase the affordable housing under the s106 agreements. By keeping the affordable housing within its group, developers can benefit from the increase in value of affordable units over time as well as the opportunity to respond to market fluctuations.

For investors, the opportunity of investing in a stable, inflation linked, ESG friendly asset class is key. Investors are increasingly recognising the sectors resilience and establishing a FPRP often aligns well with its overarching investment goals.

Our specialist social housing team is at the forefront of advising both developers and investors on setting up and investing in FPRPs as well as being experts on all related funding, governance and regulatory matters which are fundamental to the process.