Lovell signs deal with HCA to build £53m development in Lancashire

Partnership housing developer Lovell has signed an agreement with the Homes and Communities Agency (HCA) to  deliver a £53m housing development near Chorley in Lancashire.

Subject to planning consent, Lovell will start construction work in late summer 2017 on a housing development at Clayton-le-Woods on land purchased from the HCA.

It will create 198 homes for open market sale and 22 affordable starter homes – some of the first to be built in the UK – in this attractive, semi-rural village location.

Situated at the northern edge of Clayton-le-Woods, the development is close to the 650-acre Cuerden Valley Park and minutes from the M6.

The new housing for open market sale will feature a mix of 18 two-bedroom and 118 three-bedroom houses as well as 67 four-bedroom and 17 five-bedroom houses.

Twenty-two of the two- and three-bedroom houses will be sold through the Government’s Starter Homes Initiative which enables eligible first-time buyers (under 40) to buy homes priced up to £250,000 at a minimum 20 per cent discount.

The overall scheme, on land north of Lancaster Lane, is set for completion in 2023 with the first homes expected to be available for sale in Spring 2018.

Lovell regional managing director Nigel Yates said: “We’re delighted to be working in partnership with the Homes and Communities Agency to deliver this outstanding development of beautifully designed, much-needed homes for Lancashire.

“The location gives residents access to some stunning scenery on their doorstep while also providing superb transport connections across Lancashire and beyond. Our house styles have been designed with a variety of buyers in mind, from families to young professionals, while our starter homes will help first-time purchasers take their initial step on to the housing ladder.”