Alliance Homes’ building ambitions received a pre-Christmas boost with the signing of a deal with Bloor Homes, to deliver 40 new affordable homes on the Holwell Lane development in Cheddar.
Iain Lock, Alliance’s Director of Investment said: “This is an exciting deal for Alliance Homes, and with 40 properties it’s one of the biggest contracts we’ve ever signed. We’ve got ambitious plans to build 2,000 homes over the next ten years and working with private developers helps ensure we provide homes for those who need them.”
The S106 agreement will bring a balance of homes for Shared Ownership and social rent. The 18 Shared Ownership properties will be a mix of two and three bed houses and the 22 social rent homes will be a range of apartments and houses.
Andy Willis, Chair of Alliance Homes’ Board commented: “We are delighted to be bringing this housing scheme to Cheddar. We already have properties in nearby Winscombe, but these will our first homes for Sedgemoor District Council. We look forward to finding more opportunities in Sedgemoor and making a difference for people in the area.”