The future of Nautia – an announcement
News from Nautia
In recent months it’s become apparent that Nautia hasn’t been functioning as intended, and we’ve concluded that a decisive change of tack is in order. If things remain as they are, the house will soon be in a loss-making situation due to having too few tenants. We’ve made some efforts to to identify a suitable set of long-term tenants, but have not (so far) been able to do so. We’ve sadly decided that at this point we need start working towards selling the house in order to avoid a potentially ignominious end to the project. It would still be possible for a new group to come forward during the sales process, but time is running short, as is energy amongst Nautia’s current tenants.
We plan to put the house on the market shortly, and use the proceeds (ie. what’s left after the settlement of the mortgage) to fund similar projects. Ultimately we’d like to use the proceeds from the house to fund a local housing co-operative with similar aims to Nautia, but as this is unlikely to be formed right away the money will be placed in Rootstock, where it can be lent to similar projects in other areas.
If you’re involved in a relevant project that’s looking for funds (a housing co-op project with radical politics, or something similar), it might be worth keeping in touch with us. If you’re a group that wants to start a housing co-operative in Norwich we’d love to talk to you, either about your group taking on the existing house or about us potentially helping to fund your project.
In the meantime, the house could do with some fixing up before we put it on the market. If you think you might be up for helping, please get in touch (ideally quite soon). We’re mostly thinking along the lines of giving it a good clean and a coat of paint, but if you have awesome DIY skills we can probably think of ways to exploit you/them.
Nautia is a housing co-operative in the North of Norwich providing co-operative housing for people working for social change. The principle aim of the co-operative is to provide secure, tenant-managed housing for its members. Tenant management allows us to choose how to run or modify the house without interference from landlords.
Nautia is a member of Radical Routes, a national network of housing and worker co-ops.
We currently house three people and would like to find more like-minded people. Please contact us if you’d like to learn more.
Phone: 01603 663546
Mail: 3 Eade Road, Norwich, Norfolk, NR3 3EH