Published: 5th Jan 2021

Croydon Council’s housing development company Brick By Brick has struck a £29m deal with Residential Secure Income (ReSI) to sell off 85 shared ownership homes. The 85 homes will be owned by ReSI’s social housing arm, ReSI Housing and part financed by government grant. Under the agreement, Brick By Brick will offer these homes as shared ownership. The acquisitions will be completed in a staggered manner to align with when purchasers are ready to occupy the properties. This is expected to happen rapidly, as 90% of Brick By Brick’s available homes for sale are already reserved. The portfolio consists of one, two and three-bedroom apartments in new developments in Upper Norwood, Thornton Heath and South Croydon in South London, designed by outstanding architects, including RIBA Stirling Prize-winning Mikhail Riches. The homes have been developed to a high specification, with timber parquet flooring, Silestone worktops, Bosch appliances and private balconies. The … (To read the full article, subscribe below)