Housing finance advisory for local government
Independent strategic and financial advice for local authorities and the affordable housing sector. We structure funding, test viability and stabilise budgets so councils can deliver more homes with less risk.
Areas of practice
Recent transactions
Two funding structures for Westminster City Council's temporary accommodation portfolio, each drawing on a different pool of long-term, index-linked capital.
Institutional funding · Temporary accommodation
Westminster City Council
368homes acquired that were previously leased as temporary accommodation
Sale and leaseback · Temporary accommodation
City of Westminster Pension Fund
£50mcapital released from existing temporary accommodation stock
Two different pools of long-term capital, one goal: turning an unmanaged financial risk into planned, asset-backed housing supply.
Nick HaverlyDirectorSelected engagements
Guildford Borough Council
Guildford Borough Council brought us in to replace a Big Four firm as finance lead for its Weyside Urban Village regeneration programme.
Read the case studyWaverley Borough Council
We provide Waverley with detailed, independent development appraisals that strengthen the business case for delivering new homes on council-owned sites.
Read the case studyPortsmouth City Council · One Public Estate
Gosport faces particular challenges around development viability. In a One Public Estate commission from Portsmouth City Council, we helped Gosport Borough Council find new ways to turn its old housing depot into new homes.
Read the case studySelected clients
Who you work with
Director
Haverly Consulting is led by Nick Haverly, a CIPFA-qualified finance professional who has advised chief executives, elected members and central government on strategic financial matters.
How to buy
We are an approved supplier on three public sector procurement routes. How it works
Services
From an annual advisory subscription to a single independent appraisal, every engagement is led by practitioners who have run council finance functions themselves.
Unlimited, on-demand access to housing finance specialists through one annual subscription. No per-query charges.
Experienced partners embedded in your service teams to challenge assumptions and drive better decisions. Interim or long term.
Independent investment appraisals that stand up to scrutiny committees, auditors and government funders.
A fresh technical look at policies and treatments to find recurring savings. MRP reviews alone have delivered six-figure annual savings for some clients.
Structure and discipline for funded capital programmes, from Outline Business Case through to grant drawdown.
Practitioner-led seminars, in-house sessions and webinars, designed around your team's needs.
Client feedback
Haverly Consulting has provided ongoing financial support to Guildford Borough Council including financial modelling and analysis, ongoing cashflow management, submission of Housing Infrastructure Fund (HIF) grant claims, and preparation of viability appraisals. This work has been fundamental to the development of the scheme.
The team at Haverly Consulting Limited has consistently delivered high-quality services. Their independent reports have strengthened our business cases for investment, enabling us to advance the delivery of new homes on Waverley-owned sites and confidently appraise acquisition opportunities.
The report met all our requirements, gave clear advice, was provided quickly and in my opinion was very good value for money.
Insights
How a £50m, 40-year index-linked sale-and-leaseback with the City of Westminster Pension Fund released capital from 124 temporary accommodation properties to fund new supply.
London's social housing waiting list has grown 30% in a decade to 341,421 households. The data is in. This is a crisis made by policy choices.
Record numbers of families are living in temporary accommodation. What is driving the crisis, why B&B placements are a national shame, and what must change.
Free tools
Ask questions about the Housing Revenue Account in England and get answers drawn from our HRA knowledge base, with sources.
Calculate the premium or discount on early repayment of PWLB debt, whether EIP, annuity or maturity.
Compare the net present value of PWLB annuity, EIP and maturity borrowing with index-linked private placement, using live reference rates.
Free initial consultation
Whether it is an HRA business plan, a TA cost pressure in your MTFP or a developer viability assessment, a 30-minute conversation is usually enough to tell you where the opportunity is.
