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Business news 25/11/2021

Keepmoat Homes to build 300 homes at Homes England’s new town at Northstowe

National homebuilder, Keepmoat Homes, has exchanged contracts to purchase a site on phase 2 of the new town of Northstowe, Cambridgeshire  

 

Contracts have been exchanged on the 300-home site between Keepmoat Homes and Homes England, the government’s housing agency.

Keepmoat are the second homebuilder to be appointed to build on Homes England land at this phase of the new town, where 3,500 new homes including 1,000 town centre apartments will be developed.

The new housing development, situated between Cambridge and Huntingdon, will feature a mix of one and two-bedroom apartments and two, three and four-bedroom houses, and will be designed to the Nationally Described Space Standard using sustainable and modern construction methods. Keepmoat Homes will offer a variety of purchase options on the site including open market, affordable rent, as well as Discounted Market Sale with South Cambridgeshire Council.

Planning permission has been submitted to South Cambridgeshire District Council to build 300 new homes on the site, along with community spaces, play areas, quiet gardens, and a retail unit.

 

 

Michael O’Farrell, Regional Managing Director at Keepmoat Homes said: “We’re thrilled to have exchanged contracts on this exciting project in Northstowe and be working in partnership with Homes England to bring much-needed homes to the area.

“This is our fourth site in the region with Homes England and is another flagship development for us. Our plans are to deliver these new homes using modern construction methods and, working with key industry partners, we aim to provide homes which are both energy efficient and environmentally friendly.”

“We’re committed to providing new homes that support a range of buyers, and the variety that will be available at Northstowe will help a lot of people achieve their dream of owning a new home.

Mike Goulding, Project Director for Homes England said: “We’re pleased to welcome Keepmoat as our second developer on Homes England land at Northstowe.

“Keepmoat’s commitment to creating sustainable homes for everyone using MMC is central to our ambitions for phase 2 of this new town for Cambridgeshire and we look forward to seeing this new  neighbourhood at Northstowe grow.”

 

 

This latest land acquisition comes after the relocation of the regional office from their premises in Luton to Northampton. The move marks another positive step for the developer’s ambitious growth plans in the South Midlands.

Work is due to start on site in autumn 2021 with the first homes will be available in the spring of 2022.