Capital Letters

🏠 How ESG Investing is Transforming Social Housing The rise of ESG investing has brought the Social dimension into sharp focus. Our article explores how the Social Return on Investment (SROI) helps measure the impact of investments in social housing, improving lives and strengthening communities. Ready to learn more about aligning your investments with purpose? Read the full article here: https://bit.ly/4dIkXbN #ESG #SocialImpact #SROI #SocialHousing #InvestWithPurpose

Great to see Property Industry Eye pick up on the news that Capital Letters new ethical letting agency is now live - https://lnkd.in/eMk662Ea Amy C. and Erol Hussein (MARLA), (LLAS) have been working so hard on this and it's going to be brilliant! #property #londonproperty #ethicalproperty #ethical #lettings #letting #agent

We wish our colleagues, partners, and communities a joyous and prosperous Diwali. May this festive season bring you happiness, success, and new beginnings. #diwali #festivaloflights

We were thrilled to be acknowledged by the Joseph Rowntree Foundation (JRF) for our contribution to creating better housing solutions in London. JRF’s report, “Bringing Private Homes into Social Ownership can Rewire the Housing System,” highlights how the Capital Letters model can help reduce costs and raise standards in temporary accommodation (TA) across the city. Read more about how we’re making a difference: https://bit.ly/482u9WX #HousingSolutions #SocialImpact #CapitalLetters #AffordableHousing #JosephRowntreeFoundation

On Monday Capital Letters CEO Sue Edmonds will be speaking at the Devonshires / Campbell Tickell Temporary Accommodation Conference in the "Models for investment in new housing" session. https://bit.ly/3UlnFgc There needs to be bold action to address the £114m a month London boroughs are spending each month on TA. There needs to be bold action to address the situation in London and nationally. Capital Letters is committed to finding safe, secure, affordable, good quality homes for Londoners experiencing homelessness. #TemporaryAccommodation #HomelessnessCrisis #LondonHousing #AffordableHousing #HousingSolutions #CapitalLetters #HousingConference #BoldAction #SecureHomes #SupportForFamilies

🏠 **We Need a Healthy PRS** 🏠 Exciting news from Angela Rayner: a £500m boost to the affordable homes programme! But building alone won't solve the housing crisis. We need immediate action to support the Private Rented Sector (PRS) and Local Housing Allowance (LHA) rates. In urban areas, where space and costs are high, increased LHA funding and support for good landlords are crucial. London Boroughs spend £114m monthly on temporary accommodation for 65,000 homeless households. Building new homes is a long-term solution, but we need short-term measures too. The Renter’s Rights Bill is a step in the right direction, but smaller landlords are leaving the sector due to economic pressures. We must incentivize them to stay with tax breaks and support. Let's create an environment that encourages more landlords to enter the PRS market and help reduce homelessness. Read more about our proposals and how we can make a difference together. 🔗 https://bit.ly/3NI4xp7 #HousingCrisis #AffordableHousing #PRS #LHA #Homelessness #HousingPolicy #RealEstate #SocialHousing #Landlords #RentersRights #UrbanDevelopment

It was great to work with Which? on this expose of the companies who are (as Elizabeth Harper says) "leeching money from local councils at a time when they are already underfunded – this isn't allocated budget, this is emergency overspend and it is taxpayers’ money." https://lnkd.in/e8g5knyr These organisations are directly profiting from human misery. Across the UK the number of households forced to live in Temporary Accommodation is the same size as the number of households in Reading. In London alone (where we work) there are 85,000 children living in Temporary Accommodation, and it’s horrifying to think that companies see that dreadful situation as an opportunity to make large profits. Temporary Accommodation should only be used for initial assessment, and then families should be found a safe, secure, good quality affordable home. However, the lack of investment in housing over the last 4 decades has left a broken system. We are a socially responsible, not-for-profit organisation owned by our member London boroughs. We work with reputable ESG Investment organisations using “patient capital” over multiple decades, providing safe, secure, affordable, good quality homes to households leaving expensive Temporary Accommodation.   We need a cross departmental, cross party, national strategy for Temporary Accommodation in the same way there is a national strategy for Rough Sleeping. A mixed economy of investment and tenure is hugely important, but it must be used to solve the housing crisis, not profit from the worst period in a family’s life. #ethicalinvesting #ethicalproperty #ethicalletting #esg #esginvesting #esginvestor #propertyinvestment #londonproperty #rogue #poorinvestment #unregulated #ta #temporaryaccommodation #profit

The financial strain and social impact of Temporary Accommodation (TA) in London is reaching critical levels. With 65,280 households and 86,810 children currently in TA, the cost is unsustainable, exceeding £1 billion annually. This crisis is diverting resources from essential services and crippling council budgets. • £114 million/month spent on TA. • Councils face a £700 million budget shortfall. • Families in TA suffer from instability, affecting children’s education and well-being. Urgent Actions Needed: 1. Increase affordable housing supply to save councils £12,000 per household/year. 2. Align Local Housing Allowance (LHA) with local rents to prevent homelessness. 3. Bring empty homes back into use to house families in need. 4. Regulate short-term lets to ensure long-term housing availability. Read our full analysis and recommendations to understand the depth of the crisis and the steps we must take to address it. Together, we can create sustainable solutions and ensure stable, affordable housing for all. 🔗 https://bit.ly/40gNXEg #HousingCrisis #TemporaryAccommodation #AffordableHousing #LocalAuthority #SocialImpact #LondonHousing #LocalAuthority

Affordable housing is often blocked by infrastructure, planning, and funding—but what if the biggest issue is the system itself? Our CEO, Sue Edmonds shares how the government’s new approach, from Grey Belt re-designation to commercial-to-residential conversions, could provide faster, more efficient solutions to the housing crisis. Read the full article to explore these ideas: https://bit.ly/3zVTAgq #AffordableHousing #ESG #HousingCrisis #CommercialConversions #CapitalLetters

There is a Temporary Accommodation emergency in London. Boroughs are spending £114m a month finding somewhere for families who are experiencing homelessness to stay. There needs to be bold action to address the situation in London and nationally. On Monday 4th November Capital Letters CEO Sue Edmonds will be speaking at the Devonshires / Campbell Tickell Temporary Accommodation Conference in the "Models for investment in new housing" session. https://lnkd.in/et9fqxU7 Capital Letters is committed to finding safe, secure, affordable, good quality homes for Londoners experiencing homelessness. #TemporaryAccommodation #HomelessnessCrisis #LondonHousing #AffordableHousing #HousingSolutions #CapitalLetters #HousingConference #BoldAction #SecureHomes #SupportForFamilies