Homes England signs deal for new homes in Nottinghamshire

Homes England has signed a deal to provide 3,000 new homes in Nottinghamshire along with 100,000 metres of employment space.The new homes in Nottinghamshire will be built in the Rushcliffe area after the land was acquired through the government’s Land Assembly Fund. The acquisition will see Homes England working with other landowners, CWC and local authority Rushcliffe Borough Council, on a project that will deliver 3,000 homes and 100,000 square metres of employment space – equivalent to more than a dozen football pitches – over the next ten years.Homes England has acquired 250 acres of the 605-acre site, known as Fairham, and will support all aspects of the delivery to accelerate the creation of a high quality and diverse community. The site has a development value of £825million and Homes England will accelerate the delivery of the scheme by providing infrastructure loan funding to CWC.Preparatory work is expected to start soon and developers estimate the first homes could be commercially available in 2020. The homes are being designed to be sustainable and affordable and to meet the needs of the wider community.