Category Archives: Property

Property

The Shrinking British Home: Maximising Space in London’s Smallest Living Spaces

As London’s housing market continues to spiral, with space becoming an increasingly short supply, the necessity of maximising every square foot in the capital’s smallest homes has never been more critical. The trend towards compact living across the UK is rising with the co-living market currently being at 1.9 million people in 2024 and 31.6% of those being based in the capital. Co-Living Group has reported London is set to reach a population of 9.5 million by 2026 it is expected we see the number of people co-living increase. Those homeowners and renters will be seeking smart design solutions to ensure their living spaces remain functional and comfortable despite their reduced size.

The Rise of Micro-Apartments in London

With the predicted rise of the population in London by 2026 London is witnessing a significant surge in the development of micro-apartments with 1 in 20 homes in London being a micro-home or apartment providing less than 37 metres of living space (King’s College London). With the number of these dense living spaces in London having doubled in the past 5 years this emphasises the the growing trend towards minimalist living.

This is a direct response to an increase in property prices and the vast limit of property available leading to landlords to turn their properties into flats with 49% of London’s housing stock being made up of flats (English Housing Survey). This is making smaller homes for individuals to co-share not just a choice but often the only affordable option for those seeking places to live in London.

London’s Rental Market: Space vs. Location

London is a city where location is perceived as more important than size, London’s renters often find themselves in smaller and smaller spaces. The average London floor area of dwellings in London as reported by the English Housing Survey was 84 sq m which is the smallest average for England as a whole. With London having the smallest average this has led to renters being forced to prioritise efficient use of space. The English Housing Survey indicates that the number of households renting privately has doubled since 2000, reflecting a  growing need for adaptable, space-saving solutions in rental properties across the capital.

Architects Journal reported that 74% of completed co-living developments have been delivered in London. This highlights that in the capital has a big pull compared to the rest of England with a trade-off between location and space being a critical factor in housing factors. With those seeking a more populated city with more opportunities, they are willing to sacrifice space for location.

The Downsizing Phenomenon: A London Reality

Property prices in London have continued sitting atop when it comes to property price performance over the last half-century. Even after adjusting for inflation, London prices have increased by a huge 13.5% per year on average, up 677% in total. That’s an average increase of over £9,000 every year over the last 50 years (Mortgage Introducer). This is leading to many London choosing to downsize. The UK House Price Index revealed that smaller, more affordable properties are in high demand, making the ability to maximise space a key  consideration for both buyers and renters in the city.

Alice Haine, Personal Finance Analyst at Bestinvest, says:

“If people need to be in the office two or three days a week, it’s more likely their aspirations will be limited to smaller properties. In London, 90% of first-time buyer homes were either  flats or terraced properties, suggesting a shift towards living closer to work. Naturally buying a home in the capital will constrain affordability even more, which is why a smaller  property makes sense over something more spacious”.

The Minimalism Movement Gains Momentum

Coinciding with these trends is a short surge of public interest in minimalism and decluttering. In 2024, there have been 6,400 Google searches for the term minimalism living and 234K searches for decluttering reflecting the shift towards a more efficient and space-conscious living. For Londoners embracing is not just a lifestyle choice but a necessity with those choosing to live in the capital having little choice but to maximise the functionality of their increasingly smaller living spaces. With the prediction of London’s population rising which  will increase the number of co-living places, London will continue to face challenges in housing availability and affordability. The ability to efficiently utilise space in the city’s smallest homes will be key to maintaining a high quality of living.

For effective space-maximising strategies expert Ezgi Cebi, Architectural Designer at Planning By Design, has crafted a blog on maximising space in the UK’s smallest homes.

Property

Insatiable desire to own a home is pushing up house prices, and it’s showing no sign of stopping.

House prices are on track to rise again in September, a leading property expert has predicted.
Property expert Jonathan Rolande, the founder of House Buy Fast and lead spokesman for the National Association of Property Buyers says “the insatiable desire” to own a home is continuing to push up prices.
And despite an impending Budget which the Government has warned will bring challenges, Mr Rolande thinks prices will continue to increase.
Mr Rolande said: “I expect to see a small but important increase to house prices this month. Savvy buyers are purchasing just ahead of the anticipated interest rate reduction as the speed of price rises will increase once rates are cut. Recent wage growth will also have a positive effect.”
 Explaining why, he continued: “The seemingly insatiable desire to own a home has helped to push house prices up again, the fifth month in a row. This has been fuelled by the increased availability of mortgages at cheaper rates. Mortgage approvals are at a two-year high with some rates below 4% for the first time this year.
“Confidence is somewhat fragile and buyers are being far more selective about what they buy and will walk away from properties that have issues or are overpriced. This something they were not doing in the immediate post-pandemic boom. Sellers and their estate agents must pitch the price accurately to avoid having to reduce later, to entice the still relatively small number of people able to buy.
“This means we have a quite well balanced market where neither side, buyer or seller, holds all of the cards. Each must play the game fairly to get a sale over the line.
 The lack of supply of property is still an acute issue but it has been improved by landlords who have decided to sell their rental properties to beat tax and regulation changes that look set to hit them hard in October and beyond.
“This small but significant exodus looks set to continue at least until lower interest rates make retaining a buy-to-let more viable for landlords with a mortgage. Increasing prices will also deter many from selling, creating, perhaps a greater shortage in the future that will, again fuel prices.
“But we have a lot to get through before then. The new Government has settled in, the honeymoon phase is over and we now need to listen carefully to see in which direction we’ll be taken. Much of what has been said already is rather downbeat, dour even. But it will take more than words to dampen the property market because the British desire to own a home seems as strong as ever.”
Mr Rolande’s comments come in the wake of the latest data which show how, over the first seven months of 2024, house prices have risen by 1.4%.  All areas of market activity are up year-on-year – the long-awaited base rate cut has not had a major impact so far. Price inflation has improved across all regions of the UK. It remains slightly negative in southern England, but London’s positive at 0.2%
One in five homes have had their asking price cut by 5% or more, an above-average level showing continued price sensitivity amongst buyers.
It takes 28 days to sell a home with no asking price reduction, but 73 days if you overprice and then need to reduce by 5% or more House prices are on track to be 2.5% higher over 2024 with 1.1m sales
Property

Wealth tax on homes would damage uk society, warns businessman

Former MEP and businessman Ben Habib has said a wealth tax on homes would be damaging to the social and economic fabric of this country.

Speaking to Michelle Dewberry on GB News Mr Habib said:

“I think a wealth tax imposed on a home is absolutely iniquitous. We are a home owning nation by culture: We aspire to owning a home.

“If, having bought that, having saved the money, having paid tax, saved the money, put down your deposit, taken the risk of mortgage, you’ve bought your home and you’re living in it comfortably, the aspiration which you set out in life to fulfil has to some extent been fulfilled.

“But then the government taps you on the shoulder and says, ‘Guess what, I’m going to tax you again. And guess what, it’s going to really hurt,’ because actually, your home doesn’t produce any income for you. It’s not producing cash. It is a standing asset. It is a costly asset.

“All of a sudden, in addition to paying your council tax, your energy bills, your maintenance costs, etc, you’ve now got to pay the government more tax for the privilege of investing the money that you’ve already paid tax on in a home to look after your family and bring your family up. It would be so damaging to the social and economic fabric of this country if they taxed your home.”

Property

Starmer now has a golden opportunity to drive through the planning and housing reforms relatively unopposed.

Keir Starmer now has a “golden opportunity” to tackle Britain’s housing crisis, a leading expert says today.

Jonathan Rolande, from the National Association of Property Buyers, believes the super-majority the new Prime Minister now boasts can help rescue a whole generation left fearful they will never own their own home.

Mr Rolande said; “The appalling state of housing cannot be swept under the carpet any longer. The average first time buyer is in their mid-thirties and if things continue as they have been, children today won’t be buying until they are in their 50’s, if ever.

For many young people who voted, the availability of housing was very high on their agenda. With such a large majority and an opposition who will now tear themselves into even smaller pieces as they struggle to regroup, Starmer now has a golden opportunity to drive through the planning and housing reforms relatively unopposed.”

Outlining the impact this will likely have across the sector, Mr Rolande added: “

“This will cause some ripples in the property market. Buyers and especially investors do not like change.  Predictability is key for landlords, house builders and developers and a lack of confidence is contagious, it soon affects homebuyers too.

To re-balance the market I believe we shall soon see things that give us, in the business of buying, selling or letting homes plenty to complain about.

Expect more regulation to protect tenants especially. It will stop short of rent capping, but only just.

A turbo-charged Renters Reform Bill is likely to be the first thing we’ll see.

Councils will be freed up to build more homes, creating competition that has been lacking in recent years. This may help to suppress prices and rents.

Bold initiatives will shock the housing market and we may see adverse effects.

But we should also see the positives. Good landlords will be rewarded, bad will be ones driven out. The same with good employers. As more homes become available and the pressure on prices and rents eases, younger colleagues will have a proper chance to buy or rent a decent home, put down roots and have something worth working for. Employing good people should become easier. The medicine is likely to be bitter, but its results will, I hope, be worth that temporary discomfort.”

Meanwhile one of the country’s leading lending specialists has outlined what Mr

Starmer needs to focus on in his first 100 days in office.

Ryan Etchells, Chief Commercial Officer, Together, who have been delivering secured lending for 50 years, said: “Now that there is certainty over the next administration, there is a need for strong leadership to show swift action and delivery on promises made.

“Top of the agenda should be looking at boosting the UK’s housing stock, which has not kept pace

with our increasing population to such a level in recent years that we are now in a deepening

housing crisis.

“Before the election, Labour vowed to build 1.5million homes over the next parliament – effectively re-instating the previous Government’s 300,000-a-year targets. But to achieve such ambitious numbers we need to see real change.

“We want to see a radical overhaul of the broken planning system to speed up town hall decision-making by removing red tape and unlocking opportunities for developers. There needs to be real incentives for SME housebuilders to create quality, modern and affordable homes in the right places to boost local economies.”

Property

We need a new ministry of housing to tackle property crisis – expert

The next Government should create a Ministry of Housing and encourage MPs of all parties to work together to solve the country’s property crisis.

That’s the verdict of one of the country’s leading property experts – who says the next Prime Minister needs to make housing a priority from day one.

Jonathan Rolande, the founder of House Buy Fast, said: “We can’t say for sure who will be heading into Number Ten. But there is one issue which millions of people can agree on, and that’s the importance of addressing the country’s housing crisis.

“There is a chronic shortage in the supply of new homes which is denying an entire generation the right to own their own property.

“This, in turn, is leading to rental prices in some areas soaring to new highs. We are now seeing situations, regularly, where dozens of people are fighting to let a very average property for a staggering sum, just so they can get a roof over their head.

“This isn’t sustainable.  And it’s not acceptable. That’s why the very first priority from day one, for whoever wins the Election, must be to start building new homes. That is the first thing I’d like to see.

“The second, which will be key to ensuring those homes can be built, is a root and branch review and transformation of the planning application system that stifles builders. We need policies which ensure builders can get spades in the ground.

“Third, I’d like to see the next Government create a new Ministry for Housing and have cross-party involvement within it. Politicians should all agree that we  need more affordable housing and they should be working together, outside of party politics, to deliver it.

“Four, we need a housing minister who is in it for the long haul. In the last decade we’ve seen countless ministers come and go. The removal van outside the Housing Minister’s office has been doing overtime. We need stability and a long term strategy that delivers change and which provides solutions to our housing crisis.

“And, finally, we need to provide more incentives to encourage older homeowners to downsize. Whether that’s through stamp duty or tax benefits, we urgently need to find a way to ensure retired homeowners who want to move – can.

“Again and again I see cases where older homeowners are interested in moving and potentially releasing a property that would be snapped up quickly. But many are put off by the process and the associated costs of moving. When they sit down and crunch the numbers they decide downsizing is too difficult to justify. We need to change that.”

News, Property, Retirement

Summer prompts a move to the coast for Britain’s retirees keen to downsize and rent in a retirement community

Longer and lighter days make summer the perfect time for Britain’s retirees to embark on their dream of coastal living. My Future Living, the UK’s leading retirement rentals brand, is encouraging retirees considering downsizing and renting in a retirement community to explore the benefits of coastal living.

Recent data from Pegasus highlights a shift in attitudes towards downsizing, with those aged 55-65 most inclined to downsize (88%), compared to 8% of those aged 66-75[i]. Additionally, research by the Pensions Policy Institute (PPI) suggests that the number of pensioners renting could double by 2041[ii]. These trends indicate a growing interest among older people in downsizing and renting in retirement.

Moving to the coast offers many health benefits, including improved mental wellbeing[iii], increased physical activity, and a higher quality of life. According to data from the Centre for Ageing Better[iv], in some coastal local authority areas, one in three people are aged 65 and over, highlighting the popularity of living by the sea among retirees

My Future Living provides quality, affordable rental apartments in some of the UK’s most desirable coastal towns. Downsizing and renting can free up capital and mean people no longer need to worry about ongoing property maintenance. Renting also offers an affordable way to move to popular seaside resorts that may be expensive to buy in.

One retiree who relocated to the coast from London is Dutch-born retired stockbroker, Diederik (Rik) Schmull who is in his late seventies and rents a two-bedroom apartment at Homecove House, a retirement development in Westcliff-On-Sea in Essex.

Having previously owned a flat, Rik was attracted to renting in a retirement community because it’s flexible, so he could quickly move back to Amsterdam if he wanted. He also has an assured tenancy which means that as long as he sticks to the terms of his agreement he can live there for as long as he wishes.

He says, “Having rented a few places on shorthold tenancies before moving here, I ended up having to move twice at fairly short notice. I didn’t want that to happen again, especially as I’m getting older. Having the security of tenure that I can stay as long as I want is really reassuring.”

Rik enjoys being part of a community and has made friends with people in the development. He never feels isolated or alone, and highly recommends renting in a retirement community.

“For me it’s worked out really well and I’m very happy. It’s all about independent living but with the reassurance there is help available should you need it,” he adds.

My Future Living currently has several coastal rental apartments available in friendly retirement communities:

  • Chapel Court, Filey: A one-bedroom apartment for £725 per calendar month. Filey in North Yorkshire is a popular resort with bus and rail links, making York, Scarborough, Whitby, and Bridlington also easily accessible.
  • Homeprior House, Monkseaton: A one-bedroom apartment in Monkseaton, North Tyneside for £750 per calendar month. Monkseaton is a delightful coastal village with convenient access to Whitley Bay billed as the best beach to drive to in the UK[v].
  • Restharrow, Bournemouth: A one-bedroom apartment close to the train station for £900 per calendar month. Bournemouth boasts miles of sandy beaches, a large shopping centre, numerous entertainment facilities, and beautiful public gardens.

    Flat 16, Rose Court, Gloucester Road, Littlehampton, BN17 7EL

  • Rose Court, Littlehampton: A one-bedroom apartment for £975 per calendar month. Littlehampton offers access to unspoilt Sussex countryside and long expanses of beautiful coastline and sandy beaches.

These retirement developments offer communal lounges where residents can enjoy coffee mornings and other events, maintained communal gardens, a lift, guest suite and the security of the onsite manager, plus a 24-hour careline for out of hours emergencies. Most My Future Living properties are available on long term assured tenancies.

For more information about My Future Living, please visit www.myfutureliving.co.uk.

 

 

References

[i] https://thenegotiator.co.uk/news/stamp-duty-costs-drive-downsizing-dilemma-for-over-55s/

[ii] https://www.telegraph.co.uk/money/retirement/number-pensioners-renting-property-retirement-double-2041/#:~:text=By%20the%20year%202041%20there,Pensions%20Policy%20Institute%20(PPI).

[iii] https://news-archive.exeter.ac.uk/featurednews/title_754908_en.html

[iv] https://ageing-better.org.uk/our-ageing-population-state-ageing-2023-4

[v] https://www.chroniclelive.co.uk/news/north-east-news/best-beach-drive-uk-revealed-21221166

Property

As property evictions soar, expert shares his advice for renters and landlords

NEW figures reveal bailiffs are evicting more renting households than at any time in the last six years. MoJ figures released earlier this month showed county court bailiffs evicted 2,682 households in England and Wales in the first three months of this year as a result of landlords issuing section 21 “no fault” eviction notices.
This was the highest level since the start of 2017 despite the government first promising to end the practice in April 2019.
Commenting on the figures, property expert Jonathan Rolande, founder of House Buy Fast, said: “The use of Section 21, so-called ‘no-fault eviction’ notices, was up 19% in the first quarter of 2024. The use of bailiffs is now at a six-year high.
“Many landlords and the court system are still catching up on the Covid backlog. Historic debts are now being addressed. Calling the ‘top of the market’, many landlords have issued 21’s to sell – it is now almost impossible to profit from a rental property if it has a high percentage mortgage.
Outlining the impact on landlords, Mr Rolande, a spokesman for the National Association of Property Buyers continued: “Landlords are opting to take the capital growth instead. Government dithering on the Section 21 ban has been the worst of all worlds – the ban has not materialised, but the threat is there, which has unnerved owners, many of whom have quit the sector. Now, unless it gets through by the end of May, it is likely to be off the table.”
“The cost of living crisis will have played its part too. Landlords are now forced to pay more to insure and maintain their properties. Tenants are more likely to default given that wages have not kept pace with inflation in the food and energy sectors.
“Interestingly, Section 21 is not usually used to evict a bad payer, that is the job of Section 8. 21’s are used to bring to an end a fixed term simply. The use of bailiffs in the case of a 21 indicates tenants have not vacated as arranged, many no doubt hanging on as long as possible when accommodation elsewhere is scarce or out of budget. Such difficult situations serve nobody and it is another sad aspect of the housing crisis afflicting so many.”
Outlining his advice to landlords and tenants who find themselves facing this problem, Jonathan says:
To tenants:
1.       Don’t bury your head in the sand. Speak to your landlord or agent and explain the issues you are experiencing. Pay what you can rather than nothing – a contribution towards outstanding rent is better than nothing.
2.       Check to see if you are entitled to benefits.
3.       If practical, ask for permission to rent a room or take in overseas students to boost your finances.
4.       Check your bills – could you save on council tax by applying for a discount or cut costs elsewhere?
5.       Get financial advice – Citizens Advice is a good place to start.
To landlords:
1.       Forbearance is always the right place to start, especially if the tenant has usually been reliable – anyone’s circumstances can change for the worse so be patient.
2.       Ask the tenant what they can afford to pay.
3.       Remember that it is often better to help an existing tenant rather than evicting them and starting again with somebody new.
4.       Consider if the tenant could be in a vulnerable state and make additional allowances if so.
5.       Give them assistance if they need to claim benefits.  It is often a blip, evicting a tenant from their home should be a last resort, when all other options have failed.
News, Property, Property Buyer News, Storage

New research shows a rising demand for self storage among young UK consumers

Over half [54.4%] of young UK consumers rely on self storage due to lack of space, according to new research from leading self storage provider, Ready Steady Store.

The research, which surveyed 500 consumers on their current level of clutter within their homes, also revealed that 81% of Millennials and Gen Z respondents all required more space in their homes.

Of these, nearly 50% struggled with space in their properties due to storing sentimental or keepsake items, with 52% cluttered by seasonal items such as holiday decorations and winter and/or summer clothing.

However, due to rising mortgage rates impacting 28% of young consumers and the cost of living affecting 51%, growing numbers are turning to self storage instead of being able to move into a larger property. This is also affirmed by the fact 24% of respondents are opting to downsize and rely on self storage to safeguard excess items.

Other key take outs from the research include:

  • When investing in self storage, proximity to their home [68%], price [82.9%] and security [51.8%] are deemed as the most important factors.
  • Despite 56.6% of consumers requiring more space in their homes, only 16.9% of respondents live in a property with four people, whereas 41.9% live in a household with 2 people and 22% live in a household with 3 people.
  • 66% of consumers who live in London confirmed they require more space in their homes Vs 47% who live in Yorkshire.

 

This research comes as The Bank of England holds the base rate at 5.25% for the sixth time in a row, with the average mortgage rates still unaffordable for many at 5.41%, according to the latest stats from Rightmove.

 

Discussing this latest research, Mehran Charania, Director of Ready Steady Store, said: “This latest research is extremely interesting and highlights that although a massive 81% of young consumers believe they don’t have enough room, many are unable to move into a larger property due to high or uncertain mortgage rates.

As such, it is no surprise that the younger generation are having to increasingly rely on self storage to declutter and free up vital space. This is something that we have seen at Ready Steady Store sites across the country, and work hard to ensure we provide cost-effective, secure, and accessible units to all of our customers.”

 

Established in 2005, Ready Steady Store is a fast-growing self-storage provider with cost effective storage units located in the Midlands, and South, North and East of England.

For more information, visit: https://www.readysteadystore.com

News, Property, Property News, Retirement

Report shows surge in demand for age-appropriate housing and opportunity for developers says My Future Living

A new report highlights that demand for age-appropriate housing for older people is rising despite a slowdown in the housing market, and that affordability is a key driver, something that My Future Living, the UK’s leading retirement rentals brand says echoes their experience as retirees want to live somewhere that suits their needs in later life.

The ‘UK Real Estate Market Outlook Intelligent Investment 2024’ from CBRE[i] which has a chapter on Senior Living also found that the take up of rentals has grown substantially over the last five years, and that is the increasing number of over 75s is driving the demand for retirement housing.

 

Dominic Stead, Property Director at My Future Living said: “Where people live when they get older is high on the housing agenda as there isn’t currently enough supply. The report points to the opportunities for developers and investors to tap into this sector as the UK senior living market is still in its infancy and the penetration rate is a fraction of what is seen in other mature markets.

“We are seeing increasing demand for affordable, rental homes within retirement developments throughout the UK as people want to move somewhere that suits their lifestyle and changing needs in retirement. Renting is a good financial option for some as it can enable people to free up capital if they own a home, and to downsize.

“Moving to a one or two-bedroom apartment that is easier to manage and removes the headache of ongoing property maintenance and unexpected bills, frees people up to enjoy their retirement years as part of a sociable community. Developments tend to be close to local amenities and transport links which are important as people age and may not want to drive any longer.

“There are also the safety factors that are important, such as living in a gated community, having a house manager on site and an emergency cord in each apartment, as well as neighbours close by. These elements give extra reassurance that people can get assistance if needed, whilst benefiting from still living independently.

“We hope this report will encourage more developers and investors into the senior living sector as it’s something that is very much needed. Having more affordable, age-appropriate housing for our ageing population could encourage more to downsize, freeing up homes for younger families and giving older people a better retirement experience and lifestyle.”

 

For more information about My Future Living, please visit www.myfutureliving.co.uk

[i] https://www.cbre.co.uk/insights/books/uk-real-estate-market-outlook-2024/senior-living

News, Property, Property & Construction

Anwyl Submits Plans For New Homes in Carrington

ANWYL Homes has submitted detailed plans for 144 new homes on land known as The Meadow at Carrington Village.

The homebuilder consulted extensively with Trafford Council to incorporate the council’s new design code requirements, before making the reserved matters application (Ref: 113151/RES/24).

Anwyl plans to build 144 bespoke designed new homes, including a mix of houses and apartments, across the 15-acre site, one of the gateway sites to the new Carrington Village.

The 130 private sale homes planned include two, three and four-bedroom properties.  The remaining 14 homes will be a mix of two and three-bedroom affordable rent and shared ownership properties.

The Anwyl site, on Manchester Road, forms part of Carrington Village which is an exciting opportunity to create a new vibrant community in South Manchester. The Carrington Estate is one of the UK’s largest regeneration schemes. It comprises approximately 1,665 acres and will provide a mix of industrial, logistics, manufacturing, office and residential development, alongside new community facilities. The current masterplan proposes a total of 5 million sq.ft of commercial accommodation and 5,000 residential units.

John Grime, Managing Director for Anwyl Homes Lancashire, said: “Our site, The Meadow, enjoys a key position within the new Carrington Village and as a result of its location it will provide Anwyl with a prominent site in an area where there is a proven demand for housing alongside a short supply of new homes.

“Our project team, which includes Asteer Planning, Calderpeel Architects, Urban Green, GTD and Eddisons have been working hard with Anwyl and the Council to develop high quality proposals for The Meadow since we acquired the site from Wain Estates in September 2022. The scheme utilises a range of bespoke designed house types, set within existing mature trees along the site’s frontage. We also intend to carry out extensive new landscaping to create tree lined streets leading to two feature pocket parks and a central local equipped area of play.

“While we only recently submitted a reserved matters planning application, potential purchasers have been enquiring about the homes since the acquisition of the development and are keen to know when they will be on sale, such is the demand for new homes in the area. Subject to planning, work could start later this year, with the first homes expected to be released for sale in summer 2025.”

To help support the growth of the neighbourhood Anwyl will make S106 contributions towards primary education facilities totalling £236,890 (index linked), plus contributions towards a travel plan coordinator along with a community infrastructure levy payment.

The scheme’s sustainability credentials are also noteworthy.

“We’re committed to delivering energy efficient homes that help people live more sustainable lifestyles,” John added.

“The proposed homes at The Meadow will include renewable technology in the form of either photovoltaic panels or ground/air source heat pumps to provide heating and hot water. All homes will benefit from electric vehicle charging points too. The development will also look to provide a Biodiversity Net Gain of 5.26 area habitat units (40.4%) which is well above the national requirement for a minimum of 10%.”

Anwyl’s plans for new homes in Carrington are part of a targeted push to deliver more homes across Greater Manchester. The homebuilder is currently building and selling new homes at Whittle Brook Park in Heywood, as part of the wider new West Hopwood community. The company is keen to acquire further development land to assist with its growth aspirations.

Operating from Buckshaw Village, Anwyl Homes Lancashire also has live sites across Lancashire in Burscough, Catterall, Eccleston, Longridge and Warton, plus at Winnington, in Cheshire.