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Growth and Development Update – June 2024

Growth and Development update – June 2024

Welcome to our latest newsletter, bringing you all the latest on the work currently being undertaken across the Development and Asset Investment Teams.

It’s fair to say that 2023/2024 was a challenging but ultimately rewarding year for Longhurst Group. We took handover of 611 new homes and completed nearly 200 sales.

Asset Investment also saw a record £20m spent on planned works and more than £5m on decarbonisation works. You’ll read more about this later on in the update.

This year is set to continue in the same vein – new home completions will be close to 600 and the spend on our assets will increase to around £28m. Our Social Housing Decarbonisation Fund programme will also mean that nearly 600 homes will have been improved by March 2025.

A key driver of our development strategy is to deliver 5,000 homes by March 2030, and I’m pleased to say that we’re well on our way to achieving that target. To date, we’ve completed 2,386 homes, have nearly 1,200 on-site or approved and a further 350 currently in the pipeline.

We cannot achieve this alone and rely on the strong stakeholder relationships we have in place across the development spectrum to ensure this ambitious programme is delivered.

Finally, the Development and New Business Team will be at Housing 2024 in Manchester between 25 and 27 June, so please get in contact to discuss how we can work together and bring forward much-needed new housing across our region.

Marcus Keys
Executive Director of Growth and Development.

Staying in touch

We've got a dedicated website focused on our sales and development activity. The site, which includes the latest news about our joint ventures, land requirements, site updates and planning submissions, can be viewed here.

You can also keep up-to-date with our news and announcements on social media by following us using the links in our footer.

Building great partnerships

More than 600 new build homes completed

We’ve exceeded our target for the number of completed new build homes in the last year.

Asset investment

Improving the energy efficiency of our homes

Our work to improve the energy efficiency of nearly 600 of our homes is continuing.

The last financial year saw the Group’s largest major works programme since consolidation in 2019.

Latest developments

Vasey Fields – an 18-home fully affordable development in Bassingham – is being delivered in partnership with Lindum Group.

We’ve completed more than 50 new affordable homes having used an innovative modern method of construction.

Our customers and colleagues

How our Aftercare Team is playing a key role in our success

The team, which excels in relationship management with our new customers and our development partners, has played a key role as we completed more than 600 homes.

Get in touch

Subscribe to Longhurst Group's Growth and Development updates

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