Housebuilder signs £15m new homes deal

Housebuilder Vistry Group has signed a £15m deal to bring 60 homes to Towcester Road, Northampton, in partnership with emh Group.

The site already has outline planning permission and the application to approve the reserved matters has recently been submitted.

The new development will consist of 2-, 3-, and 4-bedroom homes through Vistry’s, Countryside Partnerships brand. The firm has agreed a Section 106 settlement of £550,000 of investment in the local community.

Andy Reynolds, managing director of Vistry South East Midlands, said: “We are thrilled to be working with emh on this development which will not only meet the housing needs of the community but will also blend with the local environment.

“We’re excited to be a part of Northampton’s growth and to be entrusted with the build of these much-needed new homes which will contribute to the unique character of the area as well as releasing over half a million pounds of investment in local services to create a thriving and sustainable community.”

Chris Jones, executive director of development at emh, said: “We’re proud to be working alongside Vistry Group to provide this new affordable home development in Northampton. The scheme has been thoughtfully designed to meet the needs of local people, with community, green spaces and the environment in mind. We look forward to seeing the development progress in the coming months.”