Families are settling into their newly built affordable homes at Pear Trees in Leckhampton.
These nine new properties have been developed in partnership with Newland Homes as part of a Section 106 agreement. The homes are a mix of 1, 2 and 3 bed properties available for affordable rent and shared ownership.
The shared ownership scheme, also known as ‘part buy and part rent’, could ultimately see the home owned entirely by the shared owner. This is a direct outcome of Cheltenham Borough Council’s key priority to increase the supply of housing and investing to build resilient communities.
Cllr Victoria Atherstone, cabinet member for housing at Cheltenham Borough Council, said: “We’re delighted to have worked with local developer Newland Homes to provide these fantastic affordable, and net zero homes for Cheltenham residents.
“This is a brilliant step forward that all nine affordable properties available for affordable rent and shared ownership, are net zero carbon with fantastic insulation, air source heat pumps, solar PV panels and ready to charge electric vehicles.
“Not only are we continuing our investment to provide more affordable housing for Cheltenham’s residents through our £180m housing investment plan, we’re also proactively tackling the climate emergency through new homes development too.”
“These new energy efficient homes help to reduce energy bills for residents and improve overall comfort and wellbeing. I hope we’re able to agree even more Section 106 agreements with developers across the town to build such quality and affordable new homes for the benefit of Cheltenham’s residents.”
Cllr Alisha Lewis, cabinet member for climate emergency, added: “Affordable housing and tackling the climate emergency are two key aims in our council’s ambitious plans for Cheltenham and this project showcases of how we can combine those ambitions. I’m excited that these properties are now completed.
“We’ll take our learnings from this development on to inspire future projects that will improve the sustainability of our homes and reduce energy costs for our residents.”