Merlin awarded £2.5m for new homes | Latest news

Merlin awarded £2.5m for new homes | Latest news

Merlin awarded £2.5m for new homes

We've secured £2.5m of Government money to fund the development of shared ownership homes.

We've been allocated the money to deliver 89 much needed homes under the Shared Ownership and Affordable Homes Programme. The homes will be built between now and 2021.

Head of Development Amanda Swann said: “We’re delighted to have received this funding, which was exactly what we applied for. We’ve got ambitious plans to increase our development programme over the next few years and this funding will help us deliver these much-needed new shared ownership homes.

“We have already identified sites in Filton and Cadbury Heath for around half of these homes and will be seeking planning permission for the first of these very soon. But although shared ownership is growing in importance for us as a type of tenure we can offer to new customers, we remain committed to providing homes for rent and the majority of new homes that we build will be for people to rent.”

Our funding was part of £1.28bn that has been awarded to build 39,403 homes across the country. We had previously received funding from the Homes and Communities Agency to finance the construction of new affordable homes.

We currently have a number of homes available to buy for shared ownership in Bath, Bristol, Thornbury and Stone. Click or tap here for more details about these homes.

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