AnnualReportFinancialStatments2023

Annual Report &

Annual Report & Financial Statements 2023 Our Partnership Model Strategic Report Our Partnership Model 2023 Our partnership business model is what sets us apart from our competitors. It is a model of homebuilding well suited to building sustainable developments that align with our Building Communities, Transforming Lives Vision. It mitigates some of the market challenges discussed in the previous chapter while maximising opportunities. This is through the ability to secure land on a capital light basis by agreeing payment terms aligned to site development which, combined with other aspects of our partnership operating model, deliver strong capital returns and lower business risk. We have built our reputation by aligning our approach with our partners’ objectives to deliver successful, mixed-tenure, developments. We have a proven track record of revitalising communities through the delivery of high-quality homes, in well-designed and well-connected neighbourhoods and at prices that customers can afford. Over the last 25 years we have successfully delivered new homes in some of the country’s most challenging housing markets, demonstrating our commitment to delivery even in the most demanding market conditions. Our partnership approach delivers many advantages including: • An ability to deliver multi-phased development sites, providing a strong forward pipeline of land • The opportunity to work with partners who are motivated not only by financial returns, but also by non-financial outcomes (including accelerated delivery, social value, sustainability, and design quality) • The potential to access grant funding or investment support from Homes England and Local Authority partners; and • The opportunity to secure repeat business from existing partners and landowners, or to generate new business opportunities on the strength of our track record and reputation for delivery. Proud, dedicated and happy workforce Community and social benefits Reputation and track record Delighted partners Land and Partnerships Securing land on a capital light basis, delivering excellent return on investment on both private and public-sector land and cultivating partnerships Our Partnership Business Model is our key differentiator, driving growth and resilience Product design and placemaking Technical and engineering expertise Efficient construction Procurement of trades and materials Happy customers Customer service Sales and Marketing We are one of the largest strategic partners of Homes England. 2024 2025 2026 32 KEEPMOAT.COM 33