Land sold for affordable housing scheme

Property consultancy Mather Jamie has facilitated the sale of land on Cossington Lane in Rothley for the purpose of developing an affordable housing scheme.

Acting on behalf of a private landowner, Mather Jamie sought developer interest in a site in Rothley that had already secured outline planning permission for 40 houses through the landowner’s self-promotion efforts.

The purchaser of the land is Longhurst Group, a housing provider that manages over 24,000 homes across the Midlands and East of England.

Marcus Keys, executive director of growth, development and assets at Longhurst Group, said: “We’re committed to providing the homes people want, where they’re needed most and so this opportunity to build much-needed affordable housing in this part of
Leicestershire is an exciting one for the Group.

“We’ve been working closely with our partners to make this deal happen and develop our reserved matters planning application.
I’m looking forward to the next stage of this process and seeing our plans become a reality as we enable more local people to take their first step onto the property ladder.”

The land transaction was managed by MyPad, a residential developer. As the main contractor, MyPad plans to commence construction in July 2025, aiming for the first units to be ready for occupancy by January 2026.

John Turner, land and partnerships director at MyPad said: “We are thrilled to have secured the delivery of this new development. The opportunity aligns with the growth ambitions of our business and our commitment to addressing the acute need for affordable housing in the area.

“We extend our gratitude to Mather Jamie, the landowner’s agent, and Longhurst, our Registered Provider Partner, for their professionalism and pragmatic approach throughout the negotiations. We intend to build on our positive early engagement with Charnwood Borough Council to ensure our proposals address specific affordable housing need and make a positive impact
on the local community.”