THF member Countryside has signed deals to deliver 190 build-to-rent homes on two of its major mixed-tenure schemes
Countryside Partnerships and private rented sector specialist Sigma Capital Group have agreed two deals.
At Clapham Park (the South London regeneration scheme that Countryside is delivering in joint venture with fellow THF member Metropolitan Thames Valley Housing) 115 build-to-rent homes will be created. The homes will be marketed under Sigma’s private rental brand, Simple Life London.
The wider mixed-tenure regeneration scheme will deliver 2,482 homes, of which 53 per cent will be for affordable tenures. Phase 1 will deliver 520 homes, comprising 282 affordable homes, 123 private homes and 115 homes for rent.
The second deal includes the delivery of 75 build-to-rent homes at Countryside’s mixed-tenure scheme in Spencer’s Park, Hemel Hempstead. In partnership with Homes England, the site will provide 600 new homes, including the homes for Sigma.
Stephen Teagle, Chair of THF and Chief Executive of Countryside Partnerships, said: “The addition of build-to-rent homes for two of our major schemes will help to meet the increasing demand for quality rental homes where demand is outstripping supply.”
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