First residents move into Cadley Park development | News

First residents move into Cadley Park development

The partnership is the first the housebuilder has done with Trent & Dove and marks the first time Avant Homes East Midlands has undertaken a deal of this type in the region.

It forms part of the housebuilder’s multi-tenure strategy which sees it provide homes for private sale, the private rental sector (PRS) and additional affordable housing.

Construction of the new energy efficient homes is well underway, and the housing mix being delivered at Cadley Park comprises three and four-bedroom detached and semi-detached properties.

Avant Homes East Midlands expects to be in a position to have handed over all the completed homes to Burton-on-Trent-headquartered Trent & Dove by the end of May.

Commenting on the partnership deal, Avant Homes group head of affordable housing delivery, Phil Lacey, said:

“Our multi-tenure strategy is underpinned by our vision of providing quality new homes for everyone.

“Our partnership with Trent & Dove at Cadley Park is a clear demonstration of us delivering on our vision and we hope it is the first of many with them.

“Due to the success of our Cadley Village development in Swadlincote, we know the town is a popular place to live and Trent & Dove’s affordable homes will contribute to the thriving community that is there.

“We also know the successful delivery of affordable housing is essential to provide more homes for the people who need them most.

“Avant Homes is determined to create a positive, long lasting social impact through its multi-tenure strategy. We are  actively engaged in conversations with registered social landlords and PRS providers across our business and look forward to announcing more partnerships in due course.”

Nottingham-based Avant Homes East Midlands currently has seven live developments. These range from Cotchett Village in Mickleover to Barton Point in Kettering. 

The company is part of the Avant Homes Group, which operates across the Midlands, north of England and Scotland from eight regional operating businesses.

Charlie Riley, Development Director at Trent & Dove said:

“We’re delighted to partner with Avant Homes to deliver 16 new affordable homes for our customers. Our partnerships help us to provide homes where our customers need them most.

“We’re able to accelerate our housing delivery in Swadlincote through our strategic partnership with Homes England managed via Orbit Homes.”

At present, Avant Homes Group employs more than 600 people. The housebuilder’s ambition is to develop its multi-tenure business further across its existing regions and beyond, creating communities as well as providing employment opportunities.

Avant Homes Group is also committed to its environmental, social and governance (ESG) responsibilities in line with its vision to construct and sell “quality homes, for everyone”.

The housebuilder’s ESG strategy recognises its obligations to all stakeholders to deliver a sustainable future. Avant Homes’ house types are significantly more energy efficient compared to existing housing stock and appeal to a wide range of customers with different affordability requirements.

Each of Avant Homes’ developments provides a safe place for employees and sub-contractors to work as well supporting its supply chain. The housebuilder creates communities in places where people want to live.

Avant Homes is committed to securing sustainable growth through private for sale, PRS and additional affordable housing.

This better serves customers and communities, particularly where the cost of living has increased and affordability is stretched.

Avant Homes has invested in the internal expertise to develop and deliver strategic relationships with PRS investors as well as affordable housing providers.

Last November, the Group announced the sale of 306 new homes across eight developments to a leading private rented housing provider, Sigma Capital Group, for over £59.5m.

Four of the developments are in north east England, two in Yorkshire with the balance in the East Midlands. This significant PRS transaction demonstrates the company’s ability to deliver a significant volume of quality new homes to a major PRS investor. 

For the year ended 30 June 2023, the Avant Homes Group delivered 1,766 completions.

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