Lovell Partnerships breaks ground on first NE development

Published on

Lovell Partnerships has made eight new appointments in the North East and broken ground at the region’s first development, Northshore.

A year ago, Paul Devaney was appointed as area director of the North East region for the national housebuilder. After its first year in operation, the region is now growing to a team of eight with a second development to follow Northshore.

Planning is already approved for the creation of 85 new bungalows in Scarborough for the Lovell Later Living brand, which develops quality living experiences, appropriate for all stages of later life.

Northshore is the region’s first significant scheme. It is a 113-plot, brownfield regeneration scheme, set to deliver much-needed affordable homes to the area. Located in Stockton-on-Tees, less than a mile from the town centre, the development will provide job and apprenticeship opportunities for those in the local area and result in the creation of a new community by April 2024.

All homes have been designed to be energy efficient, and by reusing redundant land for something beneficial to the community, the scheme is a positive promotion of sustainability.

Devaney (pictured) said: “Northshore really marks the start of an exciting five-year plan to grow Lovell Homes in the North East. It will also take Lovell to a 500-plot business per annum and is the start of many new sites.

“We have been busy in the year since my appointment, working on some really exciting projects and growing the team. We have recruited eight major roles for the North East office, including several managerial roles – all of whom are going to play a key part in driving progress.”

The homes will be available for both rent and shared ownership and is part of the Homes England strategy from the government, to help create more housing to meet rising demand. The project has been made possible through a £1.34m Brownfield Housing Fund grant, through the Tees Valley Combined Authority.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...