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12/08/2019

150 Build to Rent homes secured for Northamptonshire

Words: Laura Edgar
Housing / iStock_000074406885

The government’s housing agency, Homes England, has sold land next to Corby railway station, where 150 homes will be built.

It has been sold to Hecurl, a joint venture between developer and investor Hector Newton and fund and asset manager Curlew.

They will deliver 150 one and two-bed apartments, all of which will be for private rent.

Charles Amies, head of South East public sector land at Homes England, said: “Our role is to accelerate the delivery of new properties on the land we own so more people can access the quality homes they need in the areas they want to live.

“We’re pleased to have agreed the sale of this well-located site to Hecurl, especially as they’ve taken the innovative step of creating a development entirely available to people looking to rent a home.”

Athar Rashid, managing partner at Hecurl, said the scheme “will give local residents the opportunity to rent an affordable modern home [that is] professionally managed and close to the town centre and local amenities”.

Work on the new homes is expected to begin this autumn.

Image credit | iStock

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