Welcome Letter

Jitinder Takhar

Dear Applicant,

Thank you for your interest in joining Local Space.

We have two vacancies in our Finance Team which are pivotal to our on-going success, financial stability and our future growth commitments.

We are an innovative and dynamic social landlord with charitable status dedicated to delivering affordable and quality social housing to people on lower incomes to help them improve their quality of life. Our work is focussed in Newham and the wider London area where high private sector rents and fast rising house prices impact on people seeking good quality affordable housing. We have a successful track record in delivery and of adding to Social Value through working with other stakeholders - all from a very solid financial base.

We were created in 2006 by a partnership between the London Borough of Newham and a group of housing professionals. We currently own approximately 2,000 homes, mainly in the east end of London the majority of which give homeless people a place to live. The rest of our homes are for keyworkers, most of whom work in the public sector.

In 2016 we refreshed our partnership agreement with Newham Council to grow our housing stock even further. Our growth strategy which we started in 2016, is for a further increase in our stock of approximately 800 homes over a 4-year period. To date, approximately 100 homes have been purchased.

Our business model is innovative and financially successful. We have been re-affirmed a top credit rating of AA - credit rating from S&P Global Ratings as well as G1 and V1 ratings from our Regulator, the HCA.

We are at an exciting stage in our journey and are now looking for a Director of Finance and Resources and a Head of Finance who will have experience, skills, vision and strategic ability to further develop and grow the business and our financial platform in support of our aims and ambition.

We are seeking applicants who will work inclusively, constructively and collaboratively with us and stakeholders, who will demonstrate our values and who have the passion and energy to maintain and further develop a high performing cohesive organisation.

These are challenging and stimulating jobs in an organisation with great people and a great future. If you have good business acumen and are excited by the prospect of working with us I look forward to hearing from you.

Yours sincerely

Jitinder Takhar
Chief Executive

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