A record year for delivering new homes!

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During 2024-25, we completed 278 new homes. This included: 

  • 19 land-led homes. Land-led homes are homes that are built on land that we have purchased.
  • 259 Section 106 (S106) homes. These are homes that we buy with developers like Taylor Wimpey and Persimmon Homes. When big developments go through the planning stages, there is usually an S106 clause that states that a certain percentage of the homes should be social housing. The team negotiate a contract with the developer to secure the homes and project manage the construction process through to completion. These can be available either for social or affordable rent, or shared ownership.

We also started building a further 166 new homes. 116 of these are S106 homes, and 52 are land-led. Alongside these, we bought back two homes that had been previously sold to leaseholders at Woolaston Close and Anselm Avenue. These can now be refurbished and let out to new residents.

Home Ownership

This year has also been a great year for our Home Ownership team. Our target was to sell 61 shared ownership homes and we exceeded this and were able to sell 78 between April 2024 and March 2025.

Here are some of the compliments the team have received from new homeowners.

  • “Stacey Ormrod and Sarah Swan in the Home Ownership team have been fantastic. They have been so helpful.”
  • “I am so grateful for the superb service I’ve received from the Home Ownership team (and how friendly and helpful everyone has been). I so pleased and thrilled to be able to proceed. You have made us very happy.”
  • “A huge thank you to you all for all the help and support provided over the last few months. It’s wonderful to finally be in my new home.”
  • “I just wanted to say a huge thank you for everyone’s support during the process of purchasing my new home. Your help, advice and prompt response to the many queries I had, was invaluable throughout, making it a smooth process for which I am very grateful. I am thoroughly enjoying my new home and getting to know Bacton, everyone I have met so far have been very friendly and welcoming. Thank you once again.”
  • “So as you know we completed yesterday – and I wanted to say a MASSIVE THANK YOU to you for all of your help and professional guidance. I really appreciate how patient and kind and lovely you have been throughout this process and can’t imagine getting through it without you! Never in my wildest dreams did I think this would be possible – so I thank you and everyone at Havebury from the bottom of my heart and look forward to many more happy years as an shared owner.”

A message from our director of development, Scott Bailey‍: 

“We have had a tremendous year both in terms of completions and sales; never have we built and sold so many affordable homes in a single year!  It is a real testament to the hard work of the teams and the support that the wider business has given to development.  We should all be proud that as a consequence of our collective efforts many new households have been provided an affordable and secure new home.”

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