Homes England - Help to Buy Mortgage Administration

A Contract Award Notice
by HOMES ENGLAND (THE NAME ADOPTED BY THE HOMES AND COMMUNITIES AGENCY)

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£30M
Sector
BUSINESS
Published
04 Nov 2021
Delivery
01 Mar 2021 to 28 Feb 2026
Deadline
20 Aug 2020 00:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Homes England is seeking a solution to administer loans entered into by borrowers participating in a range of nominated Government home ownership schemes principally the Help to Buy Equity Mortgage Scheme (and the new proposed Help to Buy First time Buyers starting in April 2021). There are some Legacy schemes with small numbers of borrowers (the London wide initiative, first time buyers initiative, home buy direct (including kick start) and FirstBuy). Homes England is procuring the service through separate Lots. This procurement provides for the delivery via: • A systems supplier for the processing of the equity loans • An operations supplier to manage the loan book and handling customer enquiries • Or a provider to deliver the combined services The estimated value at II.1.5 is the value to the concessionaire and is for the initial 5 years only (60 months). Homes England reserves the right to extend the contract term by up to a further 5 years (60 months).

Award Detail

1 Equiniti Group (London)
  • Value: £30,000,000

CPV Codes

  • 66000000 - Financial and insurance services

Reference

Domains