Date published: 14 October 2022
Of Stonewater’s 148 new affordable homes, 74 will be available for social and affordable rent. There will also be 35 new homes available for shared ownership, and 39 being offered through the Rent to Buy scheme, allowing customers to rent a home at 80 per cent of the market rent, whilst they save towards a deposit and after five years, buy their own home.
Glenvale Park is a brand-new neighbourhood for Wellingborough, which is conveniently located providing easy access to major transport links to rail & road as well as further access to local towns & major cities.
It brings together six housebuilders who will each develop a parcel of land, creating a vibrant and high-quality development and providing a substantial number of homes to suit a variety of customers. Plans also include two new primary schools, a community hub, local shops, and green spaces for new residents and the local community.
Wellingborough has seen a recent increase in affordable homes being built year on year, with Stonewater’s new homes contributing to a total of 675 affordable homes at Glenvale Park, bridging the gap between the provision of, and demand for, affordable housing.
Stonewater has acquired the land and has contracted Partner Construction to deliver the new homes, a mixture of houses and apartments, and will be supported by Ridge as Employers’ Agent. The project will utilise over £7 million of Homes England funding.
Sustainability is a key focus of the site, aligning with Stonewater’s own ambitious low-carbon and energy-efficiency commitments. The houses will be fitted with air-source heat pumps that will ensure lower carbon emissions, and the site will also incorporate electric vehicle (EV) charging points.
As well as including additional trees within the development there are also plans to incorporate public art around the site, with the hope of engaging with the new community to assist with creating a sense of place through public art. It is expected that work will be complete by June 2025, with the first homes ready for occupation in Autumn 2023.
Chris Montague, Director of Development (East and North) at Stonewater said: “We are thrilled to be starting work on this exciting new development, and to be providing such a large number of much-needed affordable homes for customers in Wellingborough.
“The variation of housing we’ll be providing at Glenvale Park will offer great choice for customers looking for a safe, sustainable and affordable place to call home, and I look forward to seeing work progress on our homes within the site.”
Geoff Brown, Project Manager, United Living New Homes, said: “We are delighted to have started building work at Glenvale Park. Working collaboratively with Stonewater and our delivery partners, we look forward to delivering high-quality, affordable new homes that will provide a welcome housing boost to the local community”.