The regeneration of the Queensway Estate in Southend will be carried out by Porters Place Southend-on-Sea LLP, which is the partnership between Southend-on-Sea Borough Council and Swan Housing Association (Swan). Working together in partnership through what is known as a joint venture. By working with Swan, the council is confident they have a partner with an excellent track record of carrying out this work and also that they will retain equal control over the project.
We have now developed a masterplan for the scheme, which will deliver a mix of high-quality homes including one, two and three bedrooms. The outline planning application is due to be presented to the council’s development control committee on Tuesday 30th March 2021.
As part of the design process, we first consulted with residents on their wider aspirations for the Queensway area and sought residents’ views on our proposed scheme. We also carried out an initial housing needs assessment on residents so this could inform the planning design.
Following the launch event, Swan and the Council carried out three public consultation events in October 2019, February 2020, and November 2020 in which members of the public, residents, business and other key stakeholders were invited to attend and discuss the proposals for the regeneration. The information obtained at these events helped develop the design team and work on the planning application.
Residents have also been invited to join the Better Queensway Steering Group, which was set up to discuss the future designs for the first phase of the Queensway regeneration scheme. The resident’s comments and feedback have been taken onboard and will be included in our future designs.
Letters have been sent to all leaseholders, confirming that the regeneration will require the demolition of all tower blocks on the Queensway estate. Leaseholders have also been provided with an outline of the options available and contact details for the relevant officers at Swan and the Council that can help you, should you wish to discuss this further. Due to Covid restrictions, face to face contact is not currently allowed however you will continue to be contacted through letters, telephone, email and will be offered virtual meetings to answer any questions you may have.
The planning application for the overall redevelopment scheme has been submitted and will be considered by Southend-on-Sea Borough Council’s Development Control Committee on Tuesday 30th March 2021.
As a leasehold owner you can sell your property to the council. Swan or the council will be happy to discuss your options and to advise when your property is needed for the regeneration. All leaseholders will be provided with assistance, support and advice to make their decision.
A qualified chartered surveyor will survey your home and assess the market value. The value will be calculated ignoring the effect of the scheme on property values.
After the valuation we will write to you with an offer. If you have lived in the property as your principal home for at least the last 12 months you will receive two additional payments known as ‘Home Loss’ and a Disturbance. The Disturbance payment is to cover the cost of moving. The current statutory home loss payment is 10% of the market value of the property subject to a minimum of £6,500 and a maximum of £65,000. These figures are set by the Government and are subject to review from time to time. Your entitlement will be based on the current figure at the time that you move out of your property. The offer will clearly state the value of your property and any additional payments you are entitled. We will also cover your reasonable legal fees, subject to agreeing these in advance. Please note that it is the Council who will purchase your property.
If you are a leaseholder and have lived in your property for at least the last 12 months as your principal home, you will be eligible to swap your property for a new property with the same number of bedrooms as you currently occupy, on the development. The value of the properties on the new development will be higher than the value of your current property but you will not be asked to make up the difference in value. Instead you will own a share of the new property equal to the value of your current home with Swan owning the rest. For example, if your current home is worth £80,000 and the new flat you want to swap with is worth £160,000, the value of your current property is reflected in the value of new property and you will own a 50% share. Should you ever wish to sell your property, you will receive the percentage that you own, so that you are not disadvantaged from only owning a share in the value of the property. In addition you will not pay rent on Swan’s share and can continue to live in your property with the share that you own. You will be able to choose whether you keep your ‘Home Loss’ payment or use it to buy a bigger share of the new property.
Should you ever decide to sell your property, Swan will be given first refusal to buy your share.
As a non-resident homeowner you can sell your property to the council and purchase another investment property elsewhere. You may be entitled to a basic loss payment and the reasonable re-investment costs incurred in buying another property, but not the actual cost of the new property itself. Basic loss payments are set at 7.5% of the market value, subject to a maximum of £75,000. These figures are set by the Government and are subject to review from time to time.