Two new housing developments in Walsall have now been completed, bringing more than 60 affordable homes to the town.
Leading Midlands landlord whg has taken handover of the Cinnamons, a 33-home development in Teddesley Street, and Silver Waters, a development of 32 homes in Market Square, Brownhills.
Both new developments contain a mix of two, three and four-bedroom homes and include whg’s first Rent to Buy homes. Rent to Buy is a government scheme designed to help people who are struggling to save for a deposit by offering a period of lower rents before the opportunity to buy their home outright.
There will also be homes available through Shared Ownership and affordable rent.
whg’s Corporate Director of Development Rebecca Bennett Casserly said: “What was once the site of an old outdoor market and a strip of derelict land are now providing much need housing for families – many of whom are now able to get on the housing ladder for the first time.
“These two developments form part of our ambitious plans to build 1,400 new homes across the region over the next four years.
The developments were part-funded by Homes England through a grant of £899,000 and were delivered by partnership homes developer Lovell.
Caroline Cormack, Head of Home Ownership and Supply in the Midlands for Homes England said: “Homes England is committed to helping more people to access better homes in the right place. Rent to Buy is a great option for working families who are trying to save a deposit to buy, with the lower rental enabling their longer term home ownership aspirations and we are delighted that our funding is helping to provide this route to ownership in Walsall.”