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Contract award record

Homes England - Help to Buy Mortgage Administration

Notice details

Published
Category
services
Buyer region
London

Public buyer and contract winner

awarded to

Contract winner

Equiniti Group plc

Award value£30,000,000

  1. Awarded
    Completed
  2. Start
    Current phase
  3. End
    Upcoming

Work 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).

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Source: Contracts Finder · Notice d63e10f4-a620-443e-88b0-6c58f4e4b685-482772

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