BEYOND Housing and Vistry Partnerships North East have partnered to deliver a large housing scheme in Redcar, Teesside.
The new scheme on Kirkleatham Lane in Redcar will provide 375 new homes in total, with 108 for shared ownership sale and “affordable” rent, through Beyond Housing.
The “affordable” homes will offer 55 two bedroomed and 53 three bedroomed homes, including 37 homes for sale on a shared ownership basis. There will be 71 homes for affordable rent.
In addition, 187 homes would be built for open market sale through Vistry’s house building division, Linden Homes and 80 will be offered for private rent by Sigma Capital, through its Simple Life brand.
Beyond Housing and Vistry Partnerships North East have already worked together to deliver a number of high-profile developments in Redcar and Cleveland. With a contract value in excess of £13 million, (with £1.9m funded by Homes England), this latest initiative marks Beyond Housing’s largest development to date.
“We are delighted to be continuing our partnership with Vistry on this high-profile scheme which will deliver vital affordable rent and shared ownership homes in Redcar,” said Rosemary Du Rose, Beyond Housing’s chief executive.
Sean Egan, managing director of Vistry partnerships North East, added: “This new project has come about as part of our company’s UK wide strategy to work with Homes England to tackle UK housing need.
“It’s fantastic that we have been able to deliver such high-quality new homes on a superb site on Teesside, offering choice for local people – be they looking for affordable rent, private rent or home ownership. We share our partners’ ambition to help more people access better homes in the places they want to live.”
Main Image: Vistry Partnerships North East managing director, Sean Egan; Beyond Housing chief executive Rosemary Du Rose; Beyond Housing head of development and regeneration Clare Harrigan; and Vistry Partnerships North East development director, Andrew Rennie.