Can you briefly explain what operational living means and why it matters?
In a nutshell, operational living encompasses a range of housing options designed to cater to people’s needs at different stages of life. This includes student housing, co-living spaces, build-to-rent properties, and senior living. It matters because it provides flexibility and accessibility, allowing people to live in a way that suits their lifestyle and aspirations.
Why are you such an advocate for the sector?
I’m passionate about exploring how we can unlock the full potential of operational living to benefit society as a whole. Having been involved in the sector for many years, I’ve seen the positive impact it can have on people’s lives. The sector is about so much more than putting a roof over someone’s head; it’s about creating diverse communities, providing security and roots for people to flourish in an area they want to be in, not just can afford to be in.
What are the key challenges hindering the UK sector’s growth?
There are a few significant hurdles. Firstly, the high value of land for other types of development can make schemes less financially attractive. There’s a lack of coordinated planning from local authorities, with only a handful incorporating
the living sector into their plans. And planning frameworks across the UK haven’t quite caught up with its unique requirements, such as size, amenities and long term management and maintenance, which puts pressure on investment