Developer outlines plans to build 530 homes

An East Midlands housebuilder has outlined plans to build 530 homes across the region after securing a series of land deals.

Peveril Homes has bought 75 acres of land across sites in Stapleford, Chilwell, Kirkby-in-Ashfield and Selston, from developer, W.Westerman.

With the support of parent company, The Bowmer + Kirkland Group, Peveril Homes was able to conclude negotiations, alongside another division, Peveril Securities, which purchased a further 650 acres of strategic land, spread across the region.

James Smith, managing director at Peveril Homes, said: “Interest in our homes continues to increase, and this acquisition means that we are in a strong position to meet ongoing demand. We are proud to be able to continue to deliver homes of exceptional quality, generating thriving new communities, across the East Midlands, that can flourish for decades to come.”

Ralph Jones, main board director of The Bowmer + Kirkland Group and managing director of Peveril Securities added: “We are delighted this transaction has completed and has emphasised the flexibility in The Bowmer + Kirkland Group of companies working together utilising our internal resources and finances to provide opportunities for the group in the future.”