The Southern housing association Sovereign has started building 33 new affordable homes on an old industrial estate in Berkshire.
Sovereign is working with developers EG Carter & Co Ltd on the new development, named Crownbrook Place, on the former Crown Yard site in Thatcham, Berkshire.
Planning permission was given in 2017 for the land’s original owner to build 33 private homes on site, with no affordable housing provision. However, the land was soon placed on the open market.
Using Homes England strategic partnership funding, Sovereign were able to acquire the site, secure planning permission from the local authority and start building.
Earlier this week, Sovereign’s CEO Mark Washer and E G Carter & Co Ltd’s associate director Phil Barnes were on site at Crownbrook Place where they were joined by Laura Farris, MP for Newbury.
Washer said: “We are delighted that we were able to acquire this land and secure the planning permission for the affordable homes people in the local area need and want to live in. This is also an example of the true benefits of our strategic partnership with Homes England.
“Sovereign designed all the homes and this is a land led deal which is in keeping with our development ambitions: delivering homes and places that are fit for today and tomorrow.
“With over 6,000 homes in the Newbury area we are by far the largest registered social housing provider, and it has been great to meet with Laura to discuss the plans for Crownbrook Place and other development ambitions we have in the region.”
The development consists of 33 homes which are a mix of two-, three- and four-bedroom houses and one- and two-bed flats. 18 of the homes will be made available for shared ownership while 15 are for affordable rent.
Work began on the homes in October this year, and it is expected they will be ready for residents to move into by February 2022.
Barnes said: “We are delighted to have commenced this land led development on behalf of Sovereign which is a result of a collaborative effort to successfully purchase the property and negotiate planning permission for these much needed affordable homes. We are looking forward to welcoming the new residents to their new homes in 2022.”
Sovereign is one of the country’s largest housing associations, managing nearly 60,000 homes across the South of England covering Berkshire, Hampshire, Oxfordshire, Gloucestershire, Dorset, Devon, Wiltshire, the West of England and the Isle of Wight.