Progress Housing Group completes an £8.5m housing scheme in Catterall
Progress Housing Group has completed a 55-unit, fully affordable housing development in Catterall, near Garstang.
The £8.5m scheme is its first with Breck Homes and was supported with funding from Homes England. The development provides a mix of affordable rent and shared ownership properties, including two and three-bedroom houses and one-bedroom apartments across the 3.5-acre site.
Progress Housing Group has an annual development programme to deliver 250 affordable homes across the North West and into Yorkshire. This site and future developments allow the housing group to deliver high quality, energy-efficient properties at an affordable price in areas with the most demand.
Rebecca Field, Head of Development and Sales at Progress Housing Group, said: "As an affordable housing provider, we are constantly looking at how we can meet the requirements of our customers and deliver homes in the communities where they want to live. The Catterall development has been a great collaboration with Breck Homes, allowing us to deliver a quality product that is both affordable for purchase and rent."
Andy Garnett, of Breck Homes, said: "We are delighted to have completed this great scheme with Progress Housing Group ahead of schedule and on budget. The development will provide much needed affordable accommodation within this high-value area. The team on site have worked well together, and we look forward to starting our next scheme with Progress Housing Group in St Helens over the next few months."
The mixed development has given individuals and families the opportunity to get on to the housing ladder with a number of properties available for shared ownership. These properties allow customers to buy a percentage share in their home and pay a low rent on the outstanding percentage. Over time, the shared owners can purchase up to 100% of their property and the freehold.
A shared owner on the development spoke about their experience purchasing their new home, saying: "Within a couple of days of contacting Progress Housing Group, we had viewed our perfect, permanent, retirement home out in the countryside but close enough to all amenities. Within 24 days, we had collected our keys. The process ran like clockwork, and we now have a share in a lovely little house with a very reasonable rent on the remainder. Shared ownership is a brilliant way for anyone to get a foot on the property ladder. It has certainly been the right move for us and has enabled us to find a permanent home and peace of mind. We are delighted."
This development was completed on 15 February 2022, with all shared ownership properties now either sold or reserved. Progress Housing Group has properties for shared ownership on a number of sites in this area and across the North West. For more information, contact: email@example.com.