Scheme for 99 homes in Cheshire is first joint venture 

Clarion has formed a joint venture with Lovell to build homes in the North-west.

The housing association’s development subsidiary, Latimer, has concluded a strategic partnership with the housing contractor to deliver and market new properties. The first product of the venture will be a 99-home scheme in the village of Weston, in Cheshire, which will include 30 affordable homes.

Clarion Housing Group Sherwood Close

Sherwood Close, Ealing, another scheme by Clarion Housing

The partnership will also provide a park and £200,000 in planning contributions to go alongside the scheme.

Richard Cook, group director of development for Clarion Housing Group, said: “We are delighted to be entering into a long-term partnership with a well-respected developer that shares Latimer’s passion for placemaking and delivering quality, well-designed homes for our residents.”

Clarion has announced that it has raised £350m in the bond market, at the lowest-ever interest rate for a housing association, to fund its housing management and development programmes.

It built 691 homes in the first half of the 2019/20 financial year, according to results posted last month, a record for the business.

Topics