Places for People

Places for People (PfP) is one of the largest property management, development, regeneration companies and leisure companies in the UK.

PfP is made of over 20 companies, has assets in excess of £3 billion, and manages more than 150,000 homes. Places for People companies deliver a number of services including:

PfP was founded as North British Housing Association in 1965. Bristol Churches Housing Association joined the group in 1999, and the name was changed to Places for People Group Ltd on 1 June 2000.

Places for People is made of over 20 companies including:

Other Group companies include:

Housing groups borrow money to pay for new homes and improvements. Like some other large groups, PfP raises money from investors by issuing corporate bonds in its own name.

As the late-2000s financial crisis progressed, first-time buyers had difficulty in obtaining bank mortgages. PfP was the first housing group to respond by providing mortgages for shared ownership or 100% buyers on its own developments.

In April 2008 PfP launched the Ownhome equity loan scheme in partnership with the Co-operative Bank. This was aimed at enabling first time buyers, key workers and occupants of social housing to purchase homes on the open market through a combination of a standard co-operative bank mortgage for between 60-80% of value with the balance funded via an equity loan from Places for People. The scheme ended in April 2010 when funding support for the equity loan was withdrawn by the government.

In 2010 the group recorded a £25 million impairment in the value of its assets, the largest write-down by a UK housing association up to that date.

PfP raised the social housing sector's first unsecured UK bond in May 2011.

PfP has won various awards, and is the only housing provider to have been named Landlord of the Year twice at Property Week's RESI awards, winning the accolade in both 2012 and 2014.

Other awards include:

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