Contracts FinderAwarded contract
Published 21 Jul 2020

Contracts Finder notice

Homes England - Help to Buy Mortgage Administration

Authority: Homes England (the name adopted by the Homes and Communities Agency)

Other -
CPV: Financial and insurance services (66000000)
Published contract value£30,000,000Exc. VAT
Contract ends 12 Jun 2027
Awarded to Equiniti Group plc
Contract starts 13 Jun 2022

What is being bought

Published requirement description

Homes England is seeking a solution to administer loans entered into by borrowers participating in a range of nominated Government home ownership schemes principally the Help to Buy Equity Mortgage Scheme (and the new proposed Help to Buy First time Buyers starting in April 2021). There are some Legacy schemes with small numbers of borrowers (the London wide initiative, first time buyers initiative, home buy direct (including kick start) and FirstBuy).

Homes England is procuring the service through separate Lots. This procurement provides for the delivery via:

  • A systems supplier for the processing of the equity loans
  • An operations supplier to manage the loan book and handling customer enquiries
  • Or a provider to deliver the combined services

The estimated value at II.1.5 is the value to the concessionaire and is for the initial 5 years only (60 months).

Homes England reserves the right to extend the contract term by up to a further 5 years (60 months).

Published procurement details

Procedure
Other -
Buyer reference
HCA001-DN464076-37506162
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
No
Suitable for voluntary, community and social enterprises
No
Tender deadline
Published
Procurement method
Selective
Tender contract period: Start date
Tender contract period: End date
Item 1: Delivery locations as published
England, United Kingdom

Key dates

Published dates
  1. Notice published
    21 Jul 2020
  2. Award decision
    2 Sept 2021
  3. Contract starts
    13 Jun 2022
  4. Contract ends
    12 Jun 2027

Contracting authority & participating public bodies

Suppliers named on the notice

  • Equiniti Group plcSupplier The Broadgate Tower, 20 Primrose Street London EC2A 2EW
    Voluntary, community or social enterprise
    No
    Business size
    Large

Official documents & specifications (3)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-9fdb811d-e882-422d-8aa1-1e832c3f47e5-2021-11-04T14:17:42Z
Published
21 Jul 2020
Latest update
4 Nov 2021
Procedure reference
ocds-b5fd17-9fdb811d-e882-422d-8aa1-1e832c3f47e5
Contract reference
ocds-b5fd17-9fdb811d-e882-422d-8aa1-1e832c3f47e5-1