TWENTY-SEVEN new Northwich homes will be made available for shared ownership as part of a new Weaver Vale Housing Trust venture.
The trust (WVHT) has launched a new shared ownership and sales arm, Prospa Homes, as it bids to build 500 new homes by 2021.
WVHT owns more than 6,200 homes across Cheshire, and is aiming to increase housing choice across the county to 'help tackle the housing crisis'.
The 27 homes available for shared ownership will be built at Barratt Homes' Dane View development, between the A556 and Shipbrook Road in Rudheath.
The Dane View development within the context of Northwich
Wayne Gales, chief executive of WVHT, said: “The launch of Prospa Homes marks a proud and pivotal moment in the history of WVHT and will enable us to deliver on our ambitions to build hundreds of desperately needed new and affordable homes of all tenures across Cheshire.
“The housing crisis is no secret with demand massively outstripping supply, and as a long-standing and trusted social housing provider, we firmly believe that we are perfectly placed to deliver the right type of housing that people want, in the right places.
“Cheshire is a fantastic place to live and work, however people are being unfairly priced out of the area, but our vision at Prospa Homes is to make Cheshire-living affordable.”
Prices for the first homes available at Dane View, Northwich start at £68,250 for a 50 per cent shared ownership sale full market price £137,000.
The Dane View development
As a not-for-profit housing provider, all WVHT profits raised from the new venture will be invested back into social housing in Cheshire, helping to improve housing provision and support communities.
Further Prospa Homes sites will be added soon, marketed to individuals, couples and families struggling to get a foot on the housing ladder.
WVHT is a member of JV North and works with Homes England to access grants for affordable housing, using local contractors where possible, to help bring new affordable homes to Cheshire.
prospahomes.co.uk
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