Growth and Development update – October 2021
Six months into the financial year and 2021/22 is shaping up to be one of our most successful years, with close to 500 starts, 300 completions and 120 sales already.
Some of the highlights include:
- Securing £230m and maintaining Strategic Partner status with Homes England as part of the AHP 21–26 programme
- Securing £100m as a deferred bond to support the business plan for 5,000 new homes
- Gaining a place on the new Homes England Dynamic Purchasing System (DPS)
- Being on track to deliver 750 new homes this year – a new record for the Group
- Launching a refreshed Development Strategy
- Starting on site with our first major MMC site – a 56 home development in Huntingdon
However, we continue to face a number of challenges, including rising material and resource costs, securing positive planning decisions and maintaining a pipeline to sustain 800 homes a year.
Working together, I believe we can overcome these challenges and help raise the quality of design and delivery on site – which are key areas of focus within our development strategy.
The Growth and Development team is open for a conversation about how we can work together to deliver our ambitious programme and growth aspirations across the East and East Midlands.
Marcus Keys, Executive Director of Growth and Development
Launching our Growth and Development Strategy
To achieve our strategy's ambitious vision of developing 800 new homes a year, we're looking for new land opportunities across the East Midlands and East of England.
Building great partnerships
Affordable housing partner for landmark scheme
Longhurst Group is delighted to have been appointment as the affordable housing partner for a landmark scheme at Waterbeach Barracks near Cambridge.
Group appointed to new national framework
Longhurst Group is delighted to have been appointed to Homes England’s new £20bn Dynamic Purchasing System (DPS) procurement framework, making it easier for the Group to access land owned by Homes England.
Start on site
We’ve been granted planning permission for the California Road site, formerly part of the Regional College’s Huntingdon campus…