Pause strive to build and operate excellent accommodation to both live and work in. As well as developing the site, Pause will also operate and maintain the site when construction is complete.
Pause has undertaken extensive research to better understand the needs of its future occupiers, including to identifing key user groups which have informed the accommodation and service offer.
This “bottom up” approach places the end-user at the heart of the project from the outset, resulting in an offer that directly addresses a combination of social, community and housing needs.
Co-living is an innovative form of housing that meets the needs of sharing households as an alternative to traditional house / flat shares, or Housing in Multiple Occupation (HMO) accommodation, in the private rented sector.
There has been a significant shift towards private renting within the UK housing market in recent years, which is predicted to continue in response to wider housing market trends, household composition and occupiers needs.
Rented accommodation has become an established flexible form of tenure, especially for younger workers. The number of under-45s living in the sector has more than doubled during the last decade with 25-34-year olds now accounting for nearly 37% of private rented households.
In addition to increased demand for private rented accommodation, there is also a general reduction in household size across the country as a whole, which is even more apparent in London.
Hackney Council are dedicated to making renting better within their borough. In 2017, the Mayor of Hackney launched a campaign to ensure that renting within the borough was fair and transparent. In line with the commitments, Pause has made the following pledges for their accommodation offer in line with this campaign: