Eldon Whins purchase agreement aims to speed up delivery of new homes in County Durham

KEEPMOAT Homes has completed its agreements with Homes England to buy a development site in County Durham to speed up the delivery of new housing.

The Eldon Whins development is situated on the edge of Newton Aycliffe and delivered through Homes England’s accelerate construction programme.

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.

Keepmoat Homes is delivering the scheme in partnership with Homes England and Believe Housing. The overall 256 dwelling scheme is expected to be fully developed by the end of 2022.

Eldon Whins include 20 family homes being provided for “affordable” rent through Believe Housing, along with a further six 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.

“We’re delighted to have completed the purchase agreements for the Eldon Whins development site near Newton Aycliffe from Homes England,” said Ian Prescott, Keepmoat Homes’ land and partnerships director. “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.

NH

 

%d bloggers like this: