One of the UK’s top 10 homebuilders, Keepmoat Homes, has completed the purchase agreements for the Eldon Whins development site on the edge of Newton Aycliffe from Homes England. The development is being progressed under Homes England’s Accelerated Construction programme aimed to speed up the delivery of new homes across the country.
The first phase of site which was granted planning approval in October last year will see the creation of 154 new two, three and four bedroom homes for both private sale and affordable housing. The site is being delivered by Keepmoat Homes in partnership with Homes England and Believe Housing and the overall 256 dwelling scheme is expected to be fully developed out by the end of 2022.
The development will include 20 family homes being provided for affordable rent through Believe Housing along with a further 6 homes for discounted market sale. A new roundabout is also being created at the junction of Greenfield Way and Middridge Road to improve traffic movements in the area alongside a £250,000 financial package to aid the delivery of other off site highway improvements, biodiversity measures and allotment and recreation area works.
Ian Prescott, Land and Partnerships Director at Keepmoat Homes commented: “We’re delighted to have completed the purchase agreements for the Eldon Whins development site near Newton Aycliffe from Homes England. The development follows on from our very successful, recently completed scheme at nearby Cobblers Hall and gives us the opportunity to continue providing new homes for first time buyers and others looking for a competitively priced new home in the area.”
Neil Graham, Head of Accelerated Delivery for Homes England added: “Homes England is pleased to reach an agreement with Keepmoat Homes to construct new houses at Eldon Whins. Homes England and Keepmoat Homes share a joint ambition to build better homes faster. We look forward to seeing these much needed homes for people in Newton Aycliffe take shape whilst also supporting the local economy.”
Work is due to start on site at the Eldon Whins development this month with the first homes ready to move in to at the turn of the year.
For more information about the development visit www.keepmoat.com