Affordable Housing Package Deals Completed
The construction and delivery of new affordable homes continues to be high up the political agenda, particularly within Greater London. With most new developments now needing to provide at least 35% affordable homes on site, Registered Providers remain one of our most active sectors for our development site transactions.
Whilst we sell land directly to RP’s, we often facilitate “package deals” whereby the land is sold with a construction contract in place to deliver the scheme, which manages risk for the RP and maximises value for the land owner.
Recent examples include our sale of Phoebe’s Garden Centre in Catford SE6 for £4,425,000, where Skillcrown and Moat will develop 27 houses and apartments for shared ownership, and Woodgrange Road in Forest Gate E7, sold for in excess of £12,000,000 where V10 and Clarion will develop 74 apartments and a new supermarket.
If you own site which may be suitable for an Affordable Housing provider, or if you are a contractor interested in similar package deals, please contact firstname.lastname@example.org
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