The continued demand and supply in new housing in London and more widely across the general UK demands new ways to deliver new and affordable homes.

Airspace development brings an innovative and unique option to create new value in untouched areas, and furthermore alleviate both the financial and housing pressures – not just in respect of new supply but also in terms of saving on maintenance and roof replacement programmes and many other costs.

With advanced offsite modular construction, airspace development offers a sound and effective solution to develop new and affordable homes in urban areas of tight density, in approximately half the time it would take to undertake a traditional construction build, with only slight disruption to the existing residents and local community.

In majority instances the freeholder, which can either be a single entity or collection of leaseholders, will engage into an agreement with a developer to purchase the air rights above their property. Working in synergy, a viable solution will be determined to provide new homes above the existing building, while also applying a number of enhancements to the public realm including new entrances, lifts, an improved facade, renovated common areas etc.