Planning Permission for 100% affordable scheme
Catalyst has received planning permission for its 350 home scheme in Turweston Road, Brackley.
The development is the housing association’s first in South Northamptonshire and will provide 100% affordable housing, split between 245 homes for shared ownership and 105 for affordable rent.
The scheme, designed by Hester Architects, will be a mix of 1, 2, 3 and 4 bedroom properties in a range of different types. The new neighbourhood will feature a selection of apartments through to larger detached family homes, as well as two bungalows.
As part of the planning permission, Catalyst will make a Section 106 contribution in excess of £3.6 million. This money will directly fund a wide range local facilities and infrastructure within Brackley, including education, public transport, open space and the Brackley Town Fund.
Ian McDermott, Catalyst’s Chief Executive, said: “Brackley is our first development in South Northamptonshire, and we have been impressed by the council’s commitment to delivering these new affordable homes. This scheme will help local people secure long-term, sustainable housing, either through shared ownership or affordable rent, and are looking forward to starting construction.
“It’s also another example of Catalyst delivering a large 100% affordable development, after our schemes in London, Oxford and Central Bedfordshire. Catalyst is looking to grow across this region, delivering up to 650 homes across the counties from 2021. “
Philip Trueman, Managing Director at Hester Architects said, “We are delighted that the proposals for Turweston Road have been granted planning approval and we look forward to delivering the scheme with Catalyst in the coming years. The scheme will deliver 350 quality homes across a mix of affordable tenures in a style and setting that complements the local vernacular architecture of Brackley.”
Catalyst will now appoint a construction contractor and aim to be onsite by spring, with first completions expected in early 2020.
Catalyst received funding from Homes England to maximise the scheme’s affordable housing delivery. The homes for shared ownership will offer an affordable route to first time buyers who are not able to buy a home out right. Catalyst will work with the local authority to help local households access the homes for affordable rent.