Homes England agrees £55m of deals to help councils with stalled schemes

To be sure, not all local authorities are land-constrained. Stoke-on-Trent City Council, for example, has identified capacity for nearly 8,000 new homes on council-owned land. But these are exceptions.

Homes England has also provided 2.1m to City of Lincoln Council to build 52 properties while High Peak Borough Council has been given 467,688 towards 82 houses. The government agency has agreed deals with 12 councils to help provide 4,000 homes across England.

They have agreed 55m of funding deals with 12 local authorities in England to help finance site preparation for sites that will include more than 4,000 homes. The first scheme to benefit from the funding pot was a local site in Welwyn Garden City, which received 10.6m to prepare three sites for 670 new homes back in February 2019.

Expert brokers will spearhead a fresh drive to get stalled UK housing deals up and running and builders back on moth balled sites, it has been announced.

Homes England will be able to use the funds to help the government deliver its promise of building 300,000 homes a year by the mid-2020s. The government proposes that the funds should address problems such as land contamination, infrastructure requirements and complex land ownership that prevent homes being built "where they are needed most".

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The S4B consortium that includes Contour Homes and Galliford Try has signed a development agreement with Manchester City Council to regenerate Brunswick over 25 years. There will be more than 500 new family homes, of which 200 will be council homes for rent and 300 homes for sale. Construction will.

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Dominic Raab, housing minister at the time, said: “To help councils build more homes, we believe there is a case for greater flexibility on the use of receipts from Right to Buy sales,” and would.

Having completed major schemes across the UK, we are experienced at working with local councils and multiple partners to maximise the potential of disused sites and are really pleased to be collaborating with M&G Real Estate, Yarlington, Bristol City Council and Homes England on this exciting development."

Homes England has agreed grant funding deals with 12 local authorities to deliver 4,000 homes across England. The funding totalling 55m has been awarded through the Government’s 450m Local Authority.