Housebuilder strikes 300 affordable housing deal at Tewkesbury site
Persimmon Homes has agreed a deal with housing association Aster Group for the delivery of nearly 300 affordable homes as part of its new 800-plus development in Fiddington, Tewkesbury.
The housebuilder recently secured planning permission at the Fiddington site for two phases, starting with ‘Fiddington Fields Phase 1’, which is set to deliver 114 homes.
The affordable homes will be delivered in phases; the first phase will comprise 39 homes including 24 for affordable rent and 15 for purchase through the shared ownership scheme.
Phase two, which received reserved matters planning permission from Tewkesbury Borough Council at the end of February, will see 73 affordable homes delivered. Of these, 44 will be for affordable rent and 29 for shared ownership. The remaining 186 affordable homes will be delivered in further phases to be determined.
The shared ownership homes in all phases will be available specifically for people with a local connection to Tewkesbury.
Persimmon’s group director of partnership homes, Paul Rodgers, said: “We’re delighted to be working in partnership with Aster and Tewkesbury Council at Persimmon’s new site at Fiddington.
“As a business, Persimmon recognises the important part we play in developing much needed homes and communities across the UK, creating social value for our local areas. The agreement with Aster at this site is very exciting, helping towards meeting the local housing need for people in Tewkesbury.
“Given the current challenges faced within the Registered Provider and Construction sector this deal represents a positive outlook on how the sectors can work together to maintain construction output. Not only will the development deliver quality new homes, it will also create 80 local jobs as part of the construction, and generate a significant investment in the local economy.
“This will be hugely positive for the local community, and this has only been possible due to the positive working relationships between all partners. We look forward to continuing to work productively with Aster and Tewkesbury in the years ahead to deliver these new homes.”
Amanda Williams, chief investment officer at Aster, said: “We’re delighted to be working with Persimmon to deliver a fantastic new mix of much-needed affordable homes for the community of Tewkesbury.
“Whether looking to rent or purchase through the shared ownership scheme, these new homes will cater to a range of people enabling them to live in an area they love, close to family and friends.”
