Homes England funding brings thousands of new homes

Housing Tue, Jan 15, 2019 11:17 AM

Around 8,500 new houses will be built in Northamptonshire following a funding injection from Homes England, the government’s housing delivery agency.

Located within an hour of London and Birmingham and inside the Cambridge/Oxford corridor, the two new residential schemes will help create around 3,000 jobs as well as schools, leisure and commercial space.

The developments in Kettering and Wellingborough have been made possible with a £70 million loan from Homes England.

The schemes have a projected combined value of £2.5 billion over their lifetime, which is estimated to be 20 years.

The agency has agreed the loan as part of its £4.5 billion Home Building Fund, which provides development and infrastructure finance to home builders. The investment will be used to create roads, utilities and other works to enable the delivery of homes at Kettering and at phase one of the site at Wellingborough.

Sir Edward Lister, Chairman of Homes England said: “We’re working with partners across the country to ensure land is available to build more new homes where they’re most needed.

“Providing infrastructure upfront is key to unlocking significant housing growth and Homes England’s investment in Kettering and Wellingborough will enable two major housing projects to be delivered after many years of delay.”

Featured News

Specification news
Stannah launches new homelift brand, Uplifts

A new, revolutionary homelifts brand, Uplifts has been unveiled. Founded and led by...

Read More >>

Specification news
Schlüter-Systems creates a stylish and well-protected...

A magnificent high-end residential project located in the peaks of Saddleworth in ...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Mermet | Kibo Darkening | 2024–2027 | EN Brochure

Mermet | Kibo Darken...
By Mermet UK

Download Now >>

Mermet | Karellis Darkening | 2024–2027 | EN Brochure

Mermet | Karellis Da...
By Mermet UK

Download Now >>

Mermet | Flocké Darkening | 2024–2027 | EN Brochure

Mermet | Flocké Dark...
By Mermet UK

Download Now >>

Mermet | Shadow 24 Basics | 2024–2027 | EN Brochure

Mermet | Shadow 24 B...
By Mermet UK

Download Now >>

Mermet | Natté PES Basics | 2024–2027 | EN Brochure

Mermet | Natté PES B...
By Mermet UK

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Straightcurve®
Straightcurve®

Straightcurve® – headquartered in Australia, is renowned for high-end innovative garden edging,...

Read More >>

RLG600 Access Flooring System
RLG600 Access Flooring System

The Kingspan RLG600 raised access floor panel is intended for light office use and is capable of...

Read More >>

RHG600 Simploc
RHG600 Simploc

Kingspan RHG600 Simploc is the heavy grade floor system, capable of handling up to a 12kN/m2...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Specification Insights with Majestic London Showers
Specification Insights with Majestic London Showers

Specification Insights with Majestic London Showers

Watch Now >>

Discover the first-ever reference book for stone wool insulated sandwich panels
Discover the first-ever reference book for stone wool insulated sandwich panels

“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...

Watch Now >>

Portakabin | Installation at the iconic Admiralty Arch, London
Portakabin | Installation at the iconic Admiralty Arch, London

Portakabin | Installation at the iconic Admiralty Arch, London

Watch Now >>