Families are settling into their newly built homes, secured by Cheltenham Borough Homes (CBH) on behalf of the council.
These new properties, at Hillfort Place on Shurdington Road, have been developed in partnership with Kendrick Homes as part of a Section 106 agreement*. The affordable homes on the development include 2 x 2 bed houses for rent, 2 x 3 bed houses for rent and 1 x 2 bed house for shared ownership.
The shared ownership scheme, also known as ‘part buy and part rent’, could ultimately see the home owned entirely by the shared owner. This is a direct outcome of Cheltenham Borough Council’s key priority to increase the supply of housing and investing to build resilient communities.
Cllr Victoria Atherstone, cabinet member for housing at Cheltenham Borough Council, said: “We’re delighted to have worked with local developers Kendrick Homes to bring forward five more affordable homes which include EV charging points and solar photo-voltaic panels for our customers. These new homes in Leckhampton, for affordable rent and shared ownership, form part of our wider £180m housing investment plan to provide much needed affordable homes for Cheltenham.”
Steve Slater, chief executive of Cheltenham Borough Homes, continues: “I’m delighted we have secured even more homes via this section 106 agreement with local developer Kendrick Homes. These homes have been built and fitted to an extremely high specification and I have no doubt that the families moving in will be as impressed as we are.
“This is just one of the many ways we are supporting the council in providing a variety of opportunities and tenures to help people find a home where they can feel safe and secure. At CBH we believe everyone deserves a place they can call home.’’
Cllr Max Wilkinson member for economic development, culture, tourism and wellbeing added: “As the cost of living crisis continues to bite, our £180million investment in affordable homes for Cheltenham is becoming more and more important. That’s why I was so pleased to see newly built affordable homes ready to go. I’d like to say thank you to everyone involved in this project and best wishes to all the families for when they move in.”
The homes are part of wider scheme, which will provide a further seven homes for sale through Kendrick Homes. In securing the five affordable homes on this site, CBH can ensure these go to local people most in need of affordable housing.
Increasing the supply of housing and investing to build resilient communities is one of the council’s key priorities. Find out more in the council’s corporate plan/ website.
Find out more about Cheltenham Borough Homes and shared ownership - which is a way for people unable to buy a property on the open market to purchase a share of a home - at www.cbh.org.
For media enquiries contact communications@cheltenham.gov.uk 01242 264 231
For Kendrick Homes marketing contact adam.cadman@kendrick.co.uk
Image: Councillor Victoria Atherstone Cheltenham Borough Council member for housing with CBH customer Sarah and her family at Hillfort Place.
Notes:
*Section 106 is a legally-binding agreement between the local authority and the applicant as part of the granting of planning permission.Contact the press office on communications@cheltenham.gov.uk | 0800 408 0000