Asset acquisition
Creating more quality homes through a fully integrated Purchase & Repair programme
Madison Brook partnered with the London Borough of Hackney to deliver a GLA-backed Purchase & Repair programme designed to increase the supply of affordable homes across the borough.
Project statistics
Madison Brook partnered with the London Borough of Hackney to deliver a fully integrated Purchase & Repair programme that increased the supply of high-quality homes across the borough. Acting as a single delivery partner, we combined property acquisition, refurbishment and programme management to identify suitable homes, improve them to the Council’s standards and prepare them for occupation.
Working closely with Hackney’s housing and regeneration teams, we created a transparent, scalable model that helped accelerate housing delivery while supporting the Council’s long-term housing ambitions.
- 125
- Homes acquired
- £16.2m
- in GLA funding
- £2m
- Overall saving on purchase prices across portfolio
The challenge
Like many local authorities, Hackney faced growing demand for affordable housing alongside increasing financial pressures and a highly competitive property market.
The challenge wasn’t simply acquiring more homes. It was finding the right properties, improving them to the required standard and bringing them into use quickly, while ensuring every investment delivered long-term value for residents and the Council
The solution
Madison Brook delivered an end-to-end Purchase & Repair programme, managing every stage from property identification through to handover. We sourced suitable properties through our market network, carried out detailed due diligence and managed negotiations, surveys and conveyancing to support informed acquisition decisions. Following purchase, we delivered refurbishment works focused on safety, compliance, energy efficiency and long-term asset performance, creating homes ready for occupation. Throughout the programme, we maintained transparent reporting, programme oversight and collaborative working with Hackney’s housing and regeneration teams, helping the Council make confident decisions while keeping delivery on track.
The outcome
The programme brought underutilised properties back into use as safe, energy-efficient homes for local residents, increasing housing supply within established communities and helping reduce pressure on temporary accommodation. By combining acquisition with refurbishment, Hackney created high-quality homes while making better use of existing housing stock and delivering long-term value from every investment.
The programme also demonstrated a successful and scalable delivery model, helping the Council secure additional Greater London Authority (GLA) funding to expand the initiative and accelerate the delivery of more affordable homes across the borough.
Project FAQs
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Although the programme works best as a single integrated operation, our services are completely independent and intentionally modular. You can choose exactly which components your borough needs. If you only require our sourcing expertise to find properties or only want our construction team to repair assets you already own, you can deploy us for that specific standalone element.
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Following instruction, we typically have a collaborative kick off meeting and can thereafter mobilise immediately. Because our acquisition, legal and construction teams operate under one delivery framework, there is no need for lengthy mobilisation periods or multiple procurement exercises.
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Yes. We can tailor our sourcing to meet specific requirements including family homes, larger accommodation, adapted properties, accessible homes, HMOs or dispersed housing portfolios.
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More than 50% of the properties we acquire are entirely off market. Leveraging our deep historical agency expertise, and extensive networks, we source pipelines directly without driving up local property inflation or competing against local families. This delivers a significant price and availability advantage over our competitors and standard in-house council teams.
Work with Madison Brook
Whether you are assembling a portfolio, running a purchase and repair programme or exploring how to fund acquisition without placing the full burden on public budgets, we are ready to talk. Tell us about your organisation and what you need and we will come back to you quickly with the right person.
