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Wates and Mount Anvil seal deal to deliver 1,100-plus London homes

The offers will see at the very least 1,129 houses constructed throughout eight websites in Peckham, Camberwell, Rotherhithe and Bermondsey.

Of the entire pipeline, at the very least 360 houses can be council-owned and managed, with the remaining 769 houses delivered on the market and different tenures.

Wates Residential will ship 4 schemes at Wickway on the Gloucester Grove Property, Bells Gardens Property and Lindley Property in Peckham, alongside Wyndham Street in Camberwell. The package deal will present at the very least 343 houses, all reasonably priced, together with a minimal of 131 council homes.

Mount Anvil will take ahead 4 additional websites at Seven Islands Leisure Centre and Crimson Lion Boys Membership in Rotherhithe, plus 1–36 Priter Street and Beormund Faculty in Bermondsey. These schemes will ship at the very least 786 houses, with a minimal of fifty% reasonably priced, together with at the very least 229 council homes.

The most recent agreements add to greater than 3,000 council houses already accomplished or beneath development throughout Southwark. The council mentioned detailed proposals can be shared with residents as soon as preliminary designs are full, forward of planning submissions.

Cllr Helen Dennis, cupboard member for brand new houses and sustainable growth, mentioned the borough was pushing forward regardless of wider market challenges.

“At a time when councils face main challenges in offering extra council houses, and lots of developments throughout England have stalled, we’re proud to be forging forward with formidable plans to construct a whole bunch extra high-quality houses.

“We anticipate to offer at the very least 60% reasonably priced housing throughout all the developments, with prime quality new council houses on the coronary heart of what we have now negotiated.”

Tom Copley, deputy mayor for housing and residential growth on the Higher London Authority, mentioned Metropolis Corridor grant funding would help supply.

 

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