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Homes England buys land to build new homes in Nottinghamshire

Homes England has bought 250 acres of land in Rushcliffe, Nottinghamshire as part of a scheme to build 3,000 new homes.

The acquisition will see Homes England working with another land owner, CWC and Rushcliffe Borough Council on a project that will also 100,000 square metres of employment space over the next 10 years.

The site has been acquired through the government’s £1.3 billion Land Assembly Fund, which is used to acquire land needing work to get it ready for the market.

‘This Government is on an urgent mission to deliver 300,000 new homes a year by the mid-2020s, helping a new generation to realise the dream of home ownership,’ said housing minister, Kit Malthouse.

‘Our £1.3 billion Land Assembly Fund is supporting more than 3,000 new homes in Rushcliffe but it is also about building a community, with new space for culture and commerce – as we create a place the people of Nottinghamshire can be proud of.’

Rushcliffe Borough Council’s executive manager for communities, Dave Mitchell added: ‘Rushcliffe has been working hard to deliver its local plan which commits to building 13,150 new homes by 2028. Delivery of the Fairham site is essential to our ability to maintain the momentum required, whilst is it is also a strategically important site locally, regionally and nationally for Nottinghamshire County Council, Nottingham City Council and ourselves.

‘We will now look forward and remain committed to working closely with Homes England and CWC to ensure the delivery of a high quality scheme that continues to enhance the attractiveness Rushcliffe as a great place to live and work.’

And Robert Hepwood, land and planning director at the CWC Group, commented: ‘Our priorities are first and foremost around delivering an exemplar development that will enhance the region and locality, as well as being of the very highest quality and sustainability. With this new investment from Homes England we can move forward more quickly with infrastructure and preparatory work across the site, readying Fairham for its first homes and commercial buildings in 2020.’

Photo by 3844328 (Pixabay)

Jamie Hailstone
Senior reporter - NewStart

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