Senior Acquisitions Manager

THE ESSENTIALS

Platform: PPHA

Status: Full time, permanent.

Salary: £80-90k

Bonus: TBD

Working arrangement: We typically work 4 days in the office, 1 day from home.

Hours: 37.5 hours per week.

Start: March/April 2026

THE BENEFITS

• 25 holiday days per year
• 4 ‘Me Days’ per year (take a Me Day – focus on you)
• Team social events and trips
• Wellness allowance of £70 per month to be used for gym, classes, physio or other wellness costs
• Private healthcare with Vitality
• Mintago financial platform
• Drive Electric salary sacrifice
• Enhanced maternity, paternity and parental leave
• Employee referral scheme: £2,000 towards a getaway of your choice

HSPG: A social impact real estate company

Our mission is simple: Building partnerships, creating homes, developing communities.

There is a critical lack of affordable housing across the UK, affecting the most vulnerable people in our community.

We build long‑term partnerships with Local Authorities to acquire and manage demand‑driven social and affordable housing across various tenures, as per the image below.

Across HSPG’s Living Sector platforms, we are actively acquiring 2,500 high‑quality homes from national housebuilders and developers by the end of 2025. These properties are managed by our experienced team, grouped into portfolios, and funded by our institutional investment partners.

HSPG aims to positively impact our residents’ lives, while providing long‑term, sustainable returns for our investment partners.

Core Behaviours

As Senior Acquisitions Manager, your mission is to acquire £100m of high‑quality housing for PPHA, ensuring every home is of a quality that you’d be happy to move your own family (or yourself) into, and that delivers strong returns for PPHA.

You are responsible for executing the strategic growth of PPHA’s affordable housing portfolio, influencing our acquisitions approach, mentoring your analysts, and ensuring every transaction contributes to our mission: building partnerships, creating homes, developing communities.

You will contribute evenly to the acquisition target (£400m pa) and ensure that you transact according to our buy box and specifications. You should treat every acquisition and scheme as if it were your own business, aiming to achieve the best metrics, quality and overall service for PPHA and our customers.

You will source new deal opportunities nationwide through a network of house builders, developers and agents and personally manage the deal process from site identification through to legal exchange/completion. You will have detailed knowledge of the contractual and legal processes involved, and will be able to oversee it to completion, ensuring the deal achieves all commercial objectives.

You will be a trusted voice in the Investment Committee, using your expertise to influence decisions and drive value. You will ensure our acquisitions pipeline is diverse, resilient, and forward‑looking.

Obsess:

These points get you out of bed in the morning and keep you up at night! If you’re not obsessed with these, the role isn’t for you.

• Pipeline powerhouse: you live and breathe your pipeline. You know exactly where every opportunity sits, what’s next to convert, and how to remove obstacles that slow momentum. You ensure the team’s pipeline aligns with PPHA’s strategy and supports our £400m+ annual target.
• Relationships that deliver: you nurture long‑term, trusted relationships with developers, housebuilders, investors and agents. You’re not chasing deals, you’re building partnerships that create repeat, high‑quality deal flow.
• Flawless execution: you ensure every deal is watertight: commercially sound, legally clean, and aligned with our buy box. You take pride in the detail because you know precision is what keeps deals alive.

Excel:

You are excellent at these areas: an expert.

• Strategic deal leadership: you can quickly assess whether a site fits PPHA’s commercial and social objectives. You understand how yield, tenure mix, and location affect long‑term performance for both investors and residents. You are comfortable challenging assumptions and guiding the team toward optimal deal structures.
• Financial and commercial acumen: you can lead detailed appraisals, stress‑test returns, and translate complex financial outcomes into clear strategic recommendations. You anticipate how variables (grant, programme, OMV, rent levels) impact NIY and investor appetite. You understand the levers that influence value across the full transaction lifecycle.
• Building relationships: you are a senior relationship owner with developers, funders, and local authorities. You negotiate confidently to secure the best commercial and quality outcomes. You represent PPHA with professionalism and authority in all interactions, ensuring we are the preferred partner of choice.

Specific experience:

• Led transactions totaling £200m+ in aggregate GDV across affordable housing, build‑to‐rent, or mixed‑tenure residential schemes.
• Strong command of investment appraisal and financial modelling, with the ability to interpret outputs and drive strategic recommendations.
• Exposure to institutional or fund‑backed investment partners, and experience preparing and presenting at Investment Committees or similar governance forums.

Outcomes & Metrics: the desired result and how we measure it

Months

0-3

Outcomes: the desired result

Metrics: how we measure it

Establish yourself as a visible leader within the acquisitions and wider PPHA team.

Feedback from direct reports, peers, and department heads via pulse survey or informal review.

Gain a comprehensive understanding of PPHA’s investment criteria, funding structures, and governance framework.

Demonstrated application of criteria within IC submissions and internal discussions.

Review and refine the current acquisitions pipeline and prioritisation, identifying quick wins and high‑potential opportunities.

Completion of formal pipeline review report and presentation to Head of Acquisitions.

Develop a 12‑month acquisition strategy outline for your region or portfolio, aligned with business targets and investor objectives.

Draft completed and approved by end of month 3.

Reconnect with existing developer, agent, and investment relationships, ensuring continuity and confidence in leadership transition.

Pipeline tracker updated; meetings logged and summarised.

Introduce at least 5–10 new developer or intermediary relationships, expanding deal flow potential.

New contacts recorded in tracker with meeting notes or proposals logged.

Attend key industry events or meetings to represent PPHA as a senior acquisitions lead.

Attendance log; event summary or post‑meeting action notes.

Identify and implement one improvement in the acquisition process or Investment Committee workflow that increases speed or quality.

Documented improvement proposal with measurable impact (e.g. reduced IC turnaround time, enhanced data accuracy).

Personally lead at least two schemes through to Investment Committee approval, ensuring robust commercial rationale and presentation quality.

2 IC approvals led by role‑holder with positive quality feedback.

Ensure at least one scheme progresses to legal heads of terms or exchange readiness within this period.

1 scheme at HoTs or exchange‑ready stage by month 3.

Deliver accurate, insightful monthly acquisition reports to the Head of Acquisitions.

Reports submitted on schedule and rated as accurate and actionable by line manager.

3-6

Own a defined regional or tenure‑based acquisition portfolio with accountability for delivery against target.

Portfolio ownership agreed; clear financial and volume targets established.

Lead the acquisition of multiple schemes, demonstrating command of deal structures, negotiation, and execution.

Number of deals under heads of terms, exchanged, or at IC stage.

Drive measurable improvement in the quality, pace, or profitability of the acquisition process.

10–15% faster IC‑to‑exchange timeline or improved yield margins demonstrated.

Personally lead at least ten new schemes through to Investment Committee approval, ensuring robust commercial rationale and presentation quality.

10+ IC approvals led by role‑holder with positive quality feedback.

Demonstrate full‑cycle deal leadership from origination to legal completion and handover.

Minimum of 8+ schemes completed through full cycle with clean internal handovers.

Present with confidence and authority at Investment Committee, representing PPHA’s commercial objectives.

90% IC approval rate on presented deals; positive commentary on clarity and rationale.

6-12

Deliver sustained acquisition performance across portfolio, achieving annualised contribution targets.

Delivery of £100m+ GDV within portfolio, achieving target yield and margin parameters.

Collaborate with the Investments and Sales teams to inform portfolio strategy and product mix.

Cross‑departmental input into investment strategy, sales feedback loops.

Represent PPHA at senior forums and external stakeholder meetings, positioning the brand as a trusted delivery partner.

Active representation at 2 senior forums or public sector partnership groups.

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