Modular affordable housing units gets £12.9 million boost
January 25, 2019
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.
You May Also Enjoy
3 Ways to Maximize Efficiency During a Construction Project
Managing a construction project requires serious juggling. You’re handling dangerous machinery, delegating jobs to multiple (sometimes dozens) of workers, and making sure everything you do fits into the approved budget. It’s not a job for someone who can’t work under pressure, but you do it well. Still, there’s always room to grow, and with the…
Read More 
Rightmove’s most viewed homes of the year 2024
New data from the UK’s biggest property website Rightmove reveals the most viewed homes of the year. Rightmove’s property expert, Tim Bannister, said: “From a luxurious former football manager’s residence to a historic Grade I listed Abbey, the most viewed homes of the year reflect the wide-ranging dreams of home-hunters this year across Great Britain. Whether…
Read More 
House prices and sales volume expected to grow in 2025 House prices and sales volume expected to grow in 2025 despite Budget headwinds
The housing market has returned to growth with house price growth now positive across all regions and countries of the UK The number of sales is expected to increase by five per cent over 2025 to 1.15m sales completions Strong growth in household incomes over the last 2 years (totalling 15 per cent to 2024…
Read More 
Rented Housing Database Needs To Deliver Meaningful Results Warn Landlords
PLANS for a database of private rented properties risk providing little help to tenants unless it includes meaningful information. The warning from the National Residential Landlords Association (NRLA) comes as the Renters’ Rights Bill sets out to establish a database of all private rented properties and landlords in England. Whilst ministers pledge that it will…
Read More 
Enduring Architectural Influence of Charles Barry
Sir Charles Barry (FRSA RA) (1795 – 1860) is perhaps one of the most revered British architects, and even won the Royal Gold Medal in 1850. But, how did his style come to be, and which buildings celebrate his architecture to this day? Let’s take a look. Barry’s Iconic Buildings The architecture of Charles Barry…
Read More
First-time buyers rush to beat stamp duty deadline in higher-priced areas
New real-time analysis from Rightmove shows early signs of first-time buyers rushing to beat the stamp duty deadline on 1st April 2025 in higher-priced areas of England: In the Autumn Budget, it was confirmed that stamp duty thresholds in England would lower from 1st April, and the rate at which properties are exempt from stamp duty would…
Read More