Home / Business and Economy / Council Buys Homes for Affordable Housing
Council Buys Homes for Affordable Housing
4 Jun
Summary
- Council plans to buy 47 new homes for affordable housing.
- Homes will be offered at affordable and social rent.
- Expected completion of homes by late summer 2027.
West Northamptonshire Council is evaluating the acquisition of 47 new-build homes from developer Crest Nicholson on the Malabar housing development in Daventry. If approved, 24 homes will be offered at affordable rent, 17 at social rent, and six through shared ownership.
This move by the Reform UK-led council is intended to enhance its housing delivery capabilities. The report highlights national difficulties for developers in securing housing associations for affordable homes, a situation mirrored in a previous council purchase at the Buckton Fields development.
The purchase, funded by existing housing budgets and Homes England, aims to meet local demand and increase the supply of affordable housing in West Northamptonshire. The homes are currently unbuilt and scheduled for completion by late summer 2027.
