Page 10 - Land Trust Annual Review 2023
P. 10
The Land Trust
Service Charge
At the Land Trust we believe that creating a new community does not end when
the houses are built; in 2022/23 we managed 12 residential service charge sites
across England, managing green space on behalf of 7,387 homeowners, with
emphasis on placekeeping rather than simply placemaking.
Our focus is on providing sustainable stewardship solutions. We operate by taking
the freehold, or a long-term interest, of the open space and community assets, for
which we undertake management and maintenance through our preferred
approach of working with local delivery groups.
These groups deliver a suitable and community-based management regime and
are robustly and ethically procured to ensure value for money for the community.
This is guided and overseen by the Land Trust in partnership with a community or
residents’ group. We work closely with the residents of each community, striving
to deliver quality customer service.
The Land Trust service charge offering, unlike some other commercial models, is
not-for-profit, and we place great importance on delivering social, economic and
environmental value in line with our charitable objectives.
In 2022-2023, we delivered over £6.8m in social value for our service charge
communities.
Upton, Northampton
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