Deal reached for more affordable homes in Lyde
LOCAL housing association Merlin has finalised a contract with national developer Taylor Wimpey for affordable homes at Lyde Green.
Merlin is acquiring 34 new homes at Lyde Green, of which 27 will be rented out, with seven available to buy through shared ownership. The homes will be a mixture of two, three, four and five bedroom flats and homes which will be completed in phases over the next three years.
Head of development Amanda Swann said: “We’re delighted to be working with Taylor Wimpey once again to bring these new homes to Lyde Green. There’s no shortage of demand for quality, affordable homes across all areas, and by offering a proportion of the homes for shared ownership we’ll also be helping people realise their home ownership dream.
Charlie Joseph, sales and marketing director for Taylor Wimpey Bristol, added: “It’s important that new-build properties are accessible to every buyer on the property ladder and we’re delighted to work with Merlin to make this so.”
Last year Merlin completed 186 new homes, its highest figure to date, but aims to build more than 300 over the next 12 months.