We firmly believe in creating the right partnerships. We look for partners who share our ambition to push boundaries and do things differently.
We are proud to have support from both the public and private sectors, helping us to deliver homes for London's city makers.
Related Companies has a long history in affordable housing and believes passionately in the transformation of urban life through the built environment and cultural experiences.
In 2016 Related Companies invested in Pocket Living and in 2019 acquired a controlling shareholding.
During this time, Pocket have unlocked over £100 million of equity into affordable housing delivery in Londen from Related.
In 2013, the Mayor of London London invested £25m into Pocket and in 2017 he increased his investment in Pocket Living to £51.4m. This came from the Mayor’s Innovation Fund to boost new affordable homes for first time buyers in the capital.
We have completed 1,250 affordable homes since 2013 under this initiative. Those schemes have one over 20 development and design awards.
A partnership has never been greater. In 2024/25 we delivered four 100% affordable schemes all across London totalling 370 homes.
Sadiq Khan, Mayor of London, said:
"I invested in Pocket Living to deliver genuinely affordable housing"
In 2018, Pocket Living agreed a new partnership with Transport for London to deliver 100% affordable housing on TfL land.
During that time, we have delivered 86 affordable homes on our award on our award-winning scheme at Woodside Park station in Barnet and have further schemes In the pipeline.
Graeme Craig, Director & Chief Executive of Places for London, said:
"Pocket Living is building a great reputation for high quality, genuinely affordable housing for first-time buyers, and will help us develop sites that would not otherwise come forward."
Our largest and original funder, Lloyds supported us to grow and deliver 17 schemes and 1,000 affordable homes. In 2023, Pocket Living secured a senior debt package with Lloyds Bank for up to £100m to help deliver our pipeline.
In 2021, Barclays & Housing Growth Partnership supported Pocket in the delivery of 90 one-bedroom discounted homes at our award winning Forest Road scheme in Waltham Forest, providing a senior and mezzanine loan of £16.5 million. The deal was shortlisted for Deal of the Year at the RESI Awards 2022.
Barclays also supported us with a 16.5 million construction loan for our Woodside Park scheme in Barnet.
In 2021, we received £4.3 million in equity from Housing Growth Partnership to deliver Forest Road. The scheme has gone on to win three separate awards and is currently shortlisted for another 5.
Octopus Real Estate supported us with the delivery of The Heights in Greenwich in 2024.
We partnered with the likes of United Trust Bank, Shawbrook Bank, Pluto Finance separately to deliver homes for our city makers across London.