A range of high-quality affordable homes will help local people in housing need, thanks to a project involving Grand Union and Persimmon Homes.
A total of 95 new homes, developed at Towcester Grange – ranging from one to four bedrooms – have now been transferred to Grand Union. We will own and manage the homes as the Persimmon’s housing association partner in Towcester. A further 40 affordable homes are planned for completion through 2024 and 2025.
Grand Union’s Dave Lakin said: “It’s great to work in partnership with national housebuilders like Persimmon. Our partnership at Towcester is enabling us to deliver more affordable homes than planning required. As a result, we’ve been able to deliver more homes for social and affordable rent and for shared ownership, all of which are in high demand and are let or sold really quickly.
“We’re pleased to be able to help meet the need for affordable housing locally. We’ve built 385 homes in Northants over the last three years, and we plan to build 355 more over the next few years, to help play our part in solving the UK’s housing crisis.”
David Ablett, Construction Director Designate at Persimmon Homes Midlands, said: “Handing over a portion of our homes at Towcester Grange is the latest example of our successful partnership with Grand Union which is delivering much-needed affordable homes for local families across the Midlands. It was great to welcome Dave to the site to see the positive impact these homes are having in the region.”
“We’re continuing to work hard to prioritise quality and affordability for all our customers. As well as the homes which have now been transferred, the average price of a Persimmon home is 25% below the market average in England and Wales – extending the opportunity of home ownership to more local families.
“We’ll continue to work closely with our local partners to ensure our investment makes a positive difference to communities.”
