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Work progresses on £55m housing scheme

Source: https://www.insidermedia.com/

Work is progressing on a £55m housing scheme in Redcar, with the first few homes having been built.Vistry Partnerships’ Kirkleatham scheme will eventually provide 375 properties – 187 for private sale, 80 for private rent and 108 for shared ownership and affordable rent.Having signed a deal with the government’s housing accelerator Homes England to purchase the land, the housing and regeneration specialist brought in partners Sigma Capital Group and Beyond Housing to offer a range of homes and options.Sigma will be offering properties for private rent through its Simple Life brand, while Beyond Housing will provide the homes for shared ownership and affordable rent.