Latest Package Deals Delivered
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 the former Belvedere Police Station in Bexley DA17 for £1,925,000, where Skillcrown and Moat will develop 26 apartments for affordable rent, and Derrick Avenue in Croydon CR2 which sold for £2,950,000 where Providence Group and Hexagon will develop 37 new homes.
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 a member of our team.
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