October 6, 2021
Living Space Housing has appointed Steve Oldacre as its new Commercial Manager. Steve will play a key role in driving the commercial function of the business, both pre and post contract.
Solihull-based Living Space Housing launched to the market in 2019 as a specialist in affordable homes. The company has grown at such a pace, it has been able to respond to the industry-wide issues of low output caused by the Covid-19 pandemic by ramping up production. Living Space has a total of 674 residential plots under control, representing a combined value in excess of £113million. The company is on track to deliver 12 developments over the next two years.
Steve Oldacre has joined Living Space from PLC housebuilder Vistry Group, where he held the position of Group Senior Surveyor. Prior to that he was employed as United Living’s Regional Commercial Manager for eight years, and by Mansell Construction as a Commercial Manager for 13 years. He brings a total of 35 years’ industry experience to his new role at Living Space.
Steve Oldacre, Commercial Manager for Living Space Housing said: “This role at Living Space presents a great opportunity to work for a young and progressive affordable housing specialist. I have 35 years’ experience in the housebuilding and construction industry but have predominantly worked for large companies to date. Living Space is doing something really innovative and I am excited to take up this position and help drive the commercial department, as the business continues to expand.”
The vast majority of the homes Living Space builds are delivered to Registered Providers (RPs) for affordable rent and shared ownership. Approximately five per cent of the plots currently being delivered are being sold on the open market. Living Space sources the land, achieves Full Detailed Planning consent and builds the homes for the RP, enabling them to focus on the funding and management of high-quality homes for their residents.
Living Space’s live developments comprise 51 homes at Malvern Oaks in Cradley, on the outskirts of Malvern, Herefordshire, which is in conjunction with affordable housing provider Stonewater. In Telford, 38 homes located off Park Road in the Malinslee ward of the town, and 39 homes on former Homes England land at Majestic Way are being delivered for The Wrekin Housing Group. 40 affordable eco-friendly homes are being constructed for housing provider Paradigm on a site off Oak Farm Drive in the Oxfordshire village of Milcombe, while 36 homes are being delivered in conjunction with Hightown Housing Association in the Bedfordshire village of Moggerhanger. Living Space Housing has also recently commenced work on the 72-acre Hawkesbury canal village scheme in Warwickshire.
Paul Breen, Commercial Director of Living Space Housing said: “Steve has a very strong track record and excellent industry experience, so he has a lot to bring to this pivotal role. Steve and the wider team are constantly working to varying needs and specifications in order to deliver homes for affordable rent and shared ownership, as well as homes to be sold on the open market. We now have 674 homes in our immediate pipeline and are very excited about how quickly the company is growing.”