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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.

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