Modular affordable housing units gets £12.9 million boost

Home Group is set to purchase 49 modular affordable housing units in a deal worth around £13 million that also includes 13 town houses. The location is in Chatham, Kent and the project will be delivered by modular developer Top Hat.

Top Hat: “TopHat brings certainty to property development by integrating all parts of the process into an integrated end-to-end service. TopHat develops fast, to high quality standards and at an affordable price to give you peace of mind.

Home Group is said to have a portfolio already of over 50,000 properties and will see more added with this latest venture that will consist of one and two bedroom units for shared ownership – All will be overseen by Knight Frank’s affordable housing investment team.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Breaking Property News 07/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Interest rates cut to 4%, inflation expected to rise to the same figure The Bank of Engaland after two ballots approve 0.25% cut in rate to 4%, but inflation is double target figure In what is the fourth rate cut since Labour came into power…
Read More
Breaking News

1 in 5 private rented homes could be illegal

More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
Read More
bank of england interest rate
Breaking News

Property Industry Response to Latest Bank of England Rate Cut

Following a hold in June, the rate has today been cut to 4.0%. This comes despite inflation (CPI) sitting at 3.6% in June 2025, higher than the Bank of England target rate of 2.0%. The decision to reduce the base rate by the Monetary Policy Committee was the result of five members voting for a…
Read More
Rightmove logo
Breaking News

Rightmove Comment on The Bank Rate Cut

Matt Smith, Rightmove’s mortgage expert says: “As expected we now have the third Bank Rate cut of the year, with the Bank continuing along its forecast trajectory. Mortgage lenders have had a bit of room to reduce rates over the last week, owing to the ongoing developments around global tariffs. However, we expect that lenders…
Read More
Breaking News

UK property at its strongest since 2022

The latest research from GetAgent.co.uk has found that the UK property market is currently performing at its strongest since 2022, with both mortgage approvals and transactions at their highest average monthly levels in three years. GetAgent analysed HMRC and Bank of England data on residential property transactions and mortgage approvals, looking at the year-to-date figures…
Read More
Estate Agent Talk

Subsidence: What it really means for your property – a guide for homebuyers

Discovering the word ‘subsidence’ in a property survey can strike fear into the heart of any prospective homebuyer. But while subsidence may sound daunting, it is a structural movement issue that can be manageable and with a certificate of structural adequacy and the correct insurance, your property plans don’t need to be derailed. Essex-based Chartered…
Read More