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Tim Heatley | |
|---|---|
| Born | 1980 (age 43–44) |
| Occupation | Property developer |
Tim Heatley (born 1980) is a British property developer and co-founder of Capital & Centric. [1] [2] [3] [4]
Heatley was born and grew up in Eccles, Salford. [5] He studied law at Manchester Metropolitan University. [6] While studying at university, he began selling art and restoring cars. He used this money to buy and redevelop his first property after graduating from university. [7]
Heatley co-founded Capital & Centric with Adam Higgins in November 2011. [8] The company has been described as a "major disruptor" in property development by Insider Media. [9] The developer won a national placemaking award in 2020 for Kampus, a £250 million garden neighbourhood project in Manchester City Centre. [10] Business Insider ranked the co-founders 87 in its 2020 Power 100 list. [11]
In 2020, Heatley and a number of Capital & Centric's projects were featured in a 2020 BBC2 documentary, Manctopia: Billion Pound Property Boom, looking at Manchester's property boom and its impact on the housing market and local communities. [12] Heatley's real estate firm, while providing affordable housing solutions, is involved in multiple projects which do not provide affordable housing as well. [13] His proposals and planning regarding converting and developing old buildings and mills has witnessed mixed receptions, where certain groups of citizens believed that such initiatives would actually solve the basic problem of housing within Manchester, whereas some are apprehensive about their old neighborhoods becoming gentrified. [14] [15]
Heatley has faced questions around the shortage of affordable housing across Manchester and the company's record of delivering new affordable homes as part of its developments. [16] He identified the lack of a national policy on city centre affordable housing as a barrier for developers to deliver more affordable homes, arguing: "Developers who want to build affordable homes are being priced out when purchasing the land or buildings. A developer who decides to build non-affordable homes as part of a project can bid higher". [13] In an interview on the BBC2 Manctopia documentary, Heatley disclosed his company's aim to deliver a 100 per cent affordable housing scheme in Manchester city centre. [7]
Heatley's Capital & Centric founded the Regeneration Brainery initiative, a mentoring project that aims to support young people from a range of backgrounds to take up careers in the property and development sector and "widen the talent pool." [17] Capital & Centric also co-founded the Embassy Bus initiative with Stockport-based charity, Embassy, which converted a former luxury tour bus into temporary accommodation for the homeless in Greater Manchester. In 2017, Heatley and Higgins were in the news for the policy driven sale of flats at their Crusader Mill development in Manchester only to local owner occupiers while banning any foreign investors. [18]
Heatley is known as an active campaigner on tackling homelessness across Greater Manchester. He is the current chair of the Greater Manchester Mayor's Charity that prioritises ending rough sleeping and homelessness. [19] The charity has raised more than £2 million and during the COVID-19 pandemic opened a food and supplies depot in Manchester to support the homeless and rough sleepers in partnership with Capital & Centric. [20]
Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. Although the common goal of public housing is to provide affordable housing, the details, terminology, definitions of poverty, and other criteria for allocation vary within different contexts. Within the OECD, social housing represents an average of 7% of national housing stock (2020), ranging from ~34% in the Netherlands to less than 1% in Colombia.
The Downtown Eastside (DTES) is a neighbourhood in Vancouver, British Columbia, Canada. One of the city's oldest neighbourhoods, the DTES is the site of a complex set of social issues, including disproportionately high levels of drug use, homelessness, poverty, crime, mental illness and sex work. It is also known for its strong community resilience, history of social activism, and artistic contributions.
Centrepoint is a charity in the United Kingdom which provides accommodation and support to homeless people aged 16–25. The Prince of Wales has been a patron of the organization since 2005; his first patronage. His mother Diana, Princess of Wales, was patron of the organization before she died.
Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental, to formal and informal rental, indigenous housing, and ending with affordable home ownership.
In England, local authorities have duties to homeless people under Part VII of the Housing Act 1996 as amended by the Homelessness Act 2002. There are five hurdles which a homeless person must overcome in order to qualify as statutory homeless. If an applicant only meets the first three of these tests Councils still have a duty to provide interim accommodation. However an applicant must satisfy all five for a Council to have to give an applicant "reasonable preference" on the social housing register. Even if a person passes these five tests councils have the ability to use the private rented sector to end their duty to a homeless person.
Michael Shapcott is Executive Director of the Sorrento Centre, a retreat and conference centre in the Shuswap region of British Columbia, Canada, that offers in-person and on-line events and activities. Previously, he served as Director of National Business and Community Strategy for Prince's Charities Canada.
The Guinness Partnership is one of the largest providers of affordable housing and care in England. Founded as a charitable trust in 1890, it is now a Community Benefit Society with eight members. Bloomberg classify it as a real estate owner and developer.
Aneel Mussarat is a British businessman, philanthropist and founder of MCR Property Group.
The 2005 Chinese property bubble was a real estate bubble in residential and commercial real estate in China. The New York Times reported that the bubble started to deflate in 2011, while observing increased complaints that members of the middle class were unable to afford homes in large cities. The deflation of the property bubble is seen as one of the primary causes for China's declining economic growth in 2013.
In England and Wales, squatting – taking possession of land or an empty house the squatter does not own – is a criminal or civil offence, depending on circumstances. People squat for a variety of reasons which include needing a home, protest, poverty, and recreation. Many squats are residential; some are also opened as social centres. Land may be occupied by New Age travellers or treesitters.
Affordable housing in Canada refers to living spaces that are deemed financially accessible to households with a median household income. Housing affordability is generally measured based on a shelter-cost-to-income ratio (STIR) of 30% by the Canada Mortgage and Housing Corporation (CMHC), the national housing agency of Canada. It encompasses a continuum ranging from market-based options like affordable rental housing and affordable home ownership, to non-market alternatives such as government-subsidized housing. Canada ranks among the lowest of the most developed countries for housing affordability.
Tom Phillip Copley is a British Labour Party and Co-operative Party politician, serving as the Deputy Mayor of London for Housing and Residential Development. He served as a London wide member of the London Assembly from 2012 to 2020 and is a former councillor on Lewisham Council.
Capital & Centric Ltd is a British property development and investment company based in Manchester.
Homelessness is a social crisis that has been rapidly accelerating in the Canadian city of Vancouver, British Columbia, over the last decade. According to the United Nations, homelessness can either be relative or absolute. Absolute homelessness describes people living in absence of proper physical shelter. Relative homelessness describes people living in poor conditions of health or security, including an absence of both personal safety and steady income despite having physical shelter to reside in. As of 2023, roughly 2,420 people in Vancouver are subject to one of these types of homelessness, or are transitioning between them.
Nicholas Brendan Buckley is a British charity worker and political candidate. He spent 15 years working with the homeless.
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, putting increasing pressure on public housing providers as fewer households have access to housing on the private market. The property bubble has produced significant impacts on inequality in New Zealand, which now has one of the highest homelessness rate in the OECD and a record-high waiting list for public housing. Government policies have attempted to address the crisis since 2013, but have produced limited impacts to reduce prices or increase the supply of affordable housing. However, prices started falling in 2022 in response to tightening of mortgage availability and supply increasing. Some areas saw drops as high as around 9% - albeit from very high prices.
Since about 1970, California has been experiencing an extended and increasing housing shortage, such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. This shortage has been estimated to be 3-4 million housing units as of 2017. As of 2018, experts said that California needs to double its current rate of housing production to keep up with expected population growth and prevent prices from further increasing, and needs to quadruple the current rate of housing production over the next seven years in order for prices and rents to decline.
Onward is a housing association in North West England which manages 35,000 properties. Onward is based in Liverpool. Bronwen Rapley is the Chief Executive. In 2020 it moved its headquarters to the new Watson Building in Liverpool’s Renshaw Street. It also from Manchester’s Christie Fields. Rob Loughenbury, former campaign manager for the Conservative Party, was appointed director of strategy in 2020 with a brief to contribute to the regional plans to ‘build back better’ in the wake of the coronavirus pandemic, both as a social landlord and a housebuilder working across Liverpool, Manchester and Cheshire.
Housing in the United States comes in a variety of forms and tenures. The rate of homeownership in the United States, as measured by the fraction of units that are owner-occupied, was 64% as of 2017. This rate is less than the rates in other large countries such as China (90%), Russia (89%) Mexico (80%), or Brazil (73%).
