Source: https://tendernation.io/opportunities/01a13c24-a701-712c-a276-4823e245e22e/housing-annuity-leaseback-model awarded GB restricted procedure # Housing annuity Leaseback Model [Newcastle City Council](https://tendernation.io/buyers/newcastle-city-council) Pays 94% within 30 days Estimated value £12,000,000 to £18,000,000 Published 24 Mar 2017 Deadline Closed 23 Mar 2017 ## About this tender Newcastle Council wishes to invite organisations to finance, design and build and fit out new homes on specific sites and to certain standards and specification which the Council will lease back for a set period of time under an Annuity Lease Back Model 'ALBM',. At the end of this period of time all property and assets will revert back to Council ownership. By leasing the properties back to the Council the partner will secure a long term fixed return for the investment. There are 148 new homes (including Assisted Living apartments, Tyneside flats and bungalows) on 5 sites across the city envisaged for inclusion. This will deliver older persons housing, and an assisted living scheme. ## CPV classification Construction work Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/6589f5b9-1c0d-43f8-9c6c-eb2b20b7458f) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. [Track tenders free](https://tendernation.io/register) [Buyer profile Newcastle City Council: past awards and live tenders](https://tendernation.io/buyers/newcastle-city-council) [Sector More Construction work tenders](https://tendernation.io/sectors/construction-work) ## More tenders like this [Bannister Sports Centre Athletic Track Soft Market Testing Exercise · Harrow Council · 38 days left · 26 Nov 2026](https://tendernation.io/opportunities/01a1540d-d9e4-71cb-ad57-1603e9042fec/bannister-sports-centre-athletic-track-soft-market-testing-exercise) [Treloweth Community Hall Alterations and Extension Project · Carn Brea Parish Council · 49 days left · 7 Dec 2026](https://tendernation.io/opportunities/01a154e4-4991-71db-baac-ffae413f1c41/treloweth-community-hall-alterations-and-extension-project) [Norwich City Verges Mowing 2026 · Norse Eastern Ltd · 30 days left · 18 Nov 2026](https://tendernation.io/opportunities/01a15476-5fd9-70eb-b920-a66dc3e661e1/norwich-city-verges-mowing-2026) [Gwasanaethau Toeau - Gwaith cyfalaf wedi'i gynllunio ac atgyweiriadau ymatebol / Roofing Services - Planned capital works and responsive repairs · Denbighshire County Council · 28 days left · 16 Nov 2026](https://tendernation.io/opportunities/01a15476-6094-72b9-928b-5c887e7ceea4/gwasanaethau-toeau-gwaith-cyfalaf-wedii-gynllunio-ac-atgyweiriadau-ymatebol) [Repair of St Michaels and All Angels Church Wall · Aylsham Town Council · 31 days left · 19 Nov 2026](https://tendernation.io/opportunities/01a15476-6316-7235-8948-8f108b3da399/repair-of-st-michaels-and-all-angels-church-wall) [Building Minor Works · Derbyshire Support and Facilities Services Limited · 25 days left · 13 Nov 2026](https://tendernation.io/opportunities/01a15408-9087-7003-bd47-df7bc19d7ff7/building-minor-works)