We've announced a major boost to affordable housing in Bristol with a £13m investment to build almost 100 homes.
A week after the Government announced its goal of building 400,000 new affordable homes by 2020, we have just signed a deal with Barratt Homes for 65 homes being built on the site of the former St Matthias College in Fishponds. The deal comes as work on our first Bristol development of 30 new homes at Weir House in Whitby Road has been completed.
Of the 95 new affordable homes, 80 are for rent with 15 being available to part purchase through shared ownership
Head of Development Amanda Swann said: “The development at St Matthias College is our single biggest development to date. We’re pleased to be working with Barratts to deliver the new homes in Fishponds. This is an important development that is going to provide much-needed affordable housing in the city. We’re also pleased that we’ll be giving people the chance to get on the housing ladder with the shared ownership properties we’re developing.
“Together with the homes at Weir House, these are the first new properties we have developed in Bristol and we’ll be looking for more opportunities to build affordable homes in the city in the future. The National Housing Federation’s recent Home Truths report revealed just how expensive it is live in Bristol, there is a real need for more affordable housing in the city.”
We are currently onsite building more than 100 properties in Bristol and South Gloucestershire and has plans to start work on at least another 150 next year. It’s all part of our plan to build at least 300 new homes every year by 2019.
More details about the shared ownership properties will be available in spring 2016 but initial interest can be registered by calling our sales team on 0300 123 2222.