Deals round-up: December 2021

Moat and Morgan Sindall Property Services

Moat has awarded a 10-year contract to Morgan Sindall Property Services to deliver property repairs and maintenance services.

The contract, worth over £200m, will start from the beginning of April 2022, with Morgan Sindall Property Services providing responsive repairs, out-of-hours services and void works to 11,500 of the 20,000 homes the association manages across south-east London, Kent, Essex and Sussex.

The contract is for an initial period of 10 years, with the option to extend for a further five, and has the flexibility to include additional requirements, such as cyclical redecoration and building safety works.

Countryside and Sovereign

Countryside, a mixed-tenure developer, and Sovereign Housing Association, a provider in the South of England, have exchanged contracts with Ainscough Strategic Land for the acquisition of Lotmead Farm, a 365-acre site in Swindon.

The pair expect to deliver up to 2,500-homes and create individually designed neighbourhoods, with planning permission already secured by Ainscough Strategic Land. A Section 106 agreement allows 30 per cent of the scheme to be affordable, with additional units delivered specifically for Sovereign.

Up to 400 homes will be delivered for private rented accommodation.

Gresham House ReSI LP and Charles Church

Residential Secure Income LP (ReSI LP), the affordable homes arm of Gresham House, has struck a deal with developer Charles Church, a subsidiary of Persimmon Homes.

The deal is expected to deliver 61 shared ownership homes in Solihull, in a deal worth £16m.

Situated near Birmingham city centre and Birmingham Airport, the scheme will comprise a mix of houses and apartments, with ReSI LP gaining freehold of the properties.

Latimer and City of York Council

City of York Council has granted planning permission for a mixed-tenure housing scheme with a gross development value worth more than £98m, brought forward by Latimer, the development arm of Clarion Housing Group.

Latimer’s proposals for the site adjacent to the former Rowntree factory in the centre of York will see 302 new homes built, of which 110 – more than 35 per cent – will be available through shared ownership and social rent.

Work is expected to begin in early 2022, with the first residents due to move into their new homes in summer 2023.

Brighton & Hove City Council and Hyde Group

The delivery of 346 “low-cost homes” has begun in Brighton & Hove, with the first homes due to be ready in summer 2023.

Homes for Brighton & Hove, a partnership of Brighton & Hove City Council and Hyde Group, is working with PMC Construction to build 242 homes on land to the east of Coldean Lane, on the north-east edge of the city, and 104 more on the site of the former Belgrave Day Centre in Portslade.

More than half the homes will be available for rent and the rest will be available to buy through shared ownership.

Together Housing and Caddick Construction

Housing association Together Housing and developer Caddick Construction have begun work on an £11.5m affordable housing development in Tinsley, Sheffield.

The six-acre development will comprise 93 homes made up of 19 two-bedroom houses, 70 three-bedroom houses and four four-bedroom dwellings.

The scheme, funded by Homes England, will be owned and managed by Together Housing on completion. It is set to be completed in 2023, with the first phase of homes released to new residents in Q3 of 2022.