Stewardship — a blueprint for the future
Innovation is a primary factor behind the development of Lawley Village, and the introduction of a long-term stewardship initiative is set to become a blueprint for future developments of this scale.
What is Long Term Stewardship (LTS)?
The concept of long-term stewardship is relatively new in the UK. It involves high quality estate management, ensuring that the development is well maintained as a clean and pleasant place to live.
LTS also involves the home-owners becoming actively involved in the management of their neighbourhood and environment; this encourages residents to not only take pride in their village, but also make decisions on its future.
Through community involvement, LTS gives residents the opportunity to meet each other to create and enhance good community spirit, giving residents a real opportunity to have their say and influence how their development is managed.
Who pays for Long Term Stewardship?
The cost of running Long Term Stewardship is paid for by residents through the Community Charge.
Each household within Lawley Village, irrespective of tenure or property type, pays the same annual community charge (£250 for 2012-2014) to Ironstone Management Services (IMS). There will also be a nominal service charge for shared areas and a standard service charge for leasehold apartments. Interested residents will have the opportunity to take part in the decision making process, to ensure value for money and most appropriate use of financial resources.
Key benefits of the LTS scheme include:
- Maximise property values
- Security and general wellbeing
- Encourage neighbourliness and community involvement
- Properly managed local environment
- Support and assistance where required
- Reduced anti-social behaviour
Find out more about Long Term Stewardship, how it affects life at Lawley Village and how the charges are calculated via the IMS website www.bvtlawleyvillage.org.uk
New Morrisons store at Lawley Village...
...is now open!