From the football pitch to building homes

Rio Ferdinand’s career as a footballer for West Ham, Man Utd and England, is probably as good as you can get, I would say that having been a life long supporter of West Ham and a visitor to Upton Park on a number of occassions.

He has now become involved in building homes, along with ex-Fulham striker Bobby Zamora and current West Ham captain Mark Noble, they are part of the Legacy Foundation a regeneration company. Their first project  expected to start in 2017 will be to build 1,300 homes at a 22-hectare site at Houghton Regis, of which  fifty per cent will be social and affordable housing, the Bedfordshire site will include a sports academy, a creche, a leisure centre with a gym and swimming pool as well as education and community facilities.

According to the recent news report the footballers’ share of the profits from the housing projects will be put back into the foundation to ensure the continuation of youth and sports facilities on the sites where they build.

Well done  to Rio and fellow partners, hoping they make as good a success with the development projects  as they have with their footballing careers, and in so doing creating much needed social and affordable housing.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More
Breaking News

UK house price growth picks up in March

UK annual house price growth picked up to 2.2% in March, from 1.0% in February Northern Ireland best performing area in Q1 2026, with prices up 9.5% year-on-year Outer South East weakest performing region, with prices down 0.7% compared with Q1 2025 Headlines Mar-26 Feb-26 Monthly Index* 552.6 547.7 Monthly Change* 0.9% 0.3% Annual Change…
Read More
Breaking News

Mortgage approvals up in February

The latest mortgage approval data from the Bank of England show that: –   Mortgage approvals on house purchases for February sat at 62,584 up (3.9%) from 60,246 seen in January. Approvals are down (-3.9%) when compared to the 65,114 seen in February 2025. This annual decline was expected due to wider market slowdown and economic…
Read More
Breaking News

Pain for landlords as buy-to-let borrowing costs soar

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East, according to Moneyfactscompare.co.uk. Landlords also face further financial challenges over the next few years, to meet new private rental rules. Average buy-to-let fixed rates over a two- or five-year term have risen since the start of March 2026. The two-year rate is…
Read More