Bristol has become an exciting destination for affordable homes seekers
The delivery of dozens of affordable homes at Berwick Green is a step closer, thanks to a deal between Sovereign Housing Association and Bellway in Bristol.
Celebrating the exchange of contracts, this deal for phase one of the development will see 64 affordable properties provided for social rent or shared ownership.
As the cost-of-living crisis continues, most homes in this deal will be provided for social rent to help meet the growing demand for affordable housing.
When completed, 46 homes will be provided for social rent and 18 for shared ownership. The development will include a mix of one to four-bedroom homes with plenty of parking and green space.
With energy use and energy efficiency at the forefront of everyone’s minds, homes at the development are set to benefit from a higher sustainability specification too.
These upgrades, which include photovoltaic panels and flue gas heat exchangers, are underpinned by Sovereign’s commitment to creating sustainable futures through its Homes and Place Standard. When installed, they will make the homes even more affordable to run for future customers.
Berwick Green is one of many developments Sovereign delivers in the wider Bristol region. The 61,000-home housing association has bold and ambitious plans for the entire region, with approximately 3,500 new homes already in the pipeline.
James Gibson, Regional Development Director at Sovereign, said: “With many new social homes being built either for affordable rent or shared ownership, it’s hugely encouraging to celebrate the exchange of contracts on development primarily for social rent.
“Exchanging contracts is a milestone step forward for us, and we’re looking forward to working with Bellway to provide these much-needed homes. Projects like this showcase our commitment to deliver the type of housing we know is needed, even when faced with rising costs and inflationary pressures.”
Tim Lund, Sales Director for Bellway South West, said: “There is a considerable need for affordable housing in Bristol, so exchanging contracts with Sovereign is a significant moment for the Berwick Green development and the wider area.
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