The Principality backs Welsh affordable homes initiative

Published on

Four housing associations have joined forces to deliver affordable homes through a pilot project with support from the Welsh Government and Principality Building Society.

Coastal Group, Hendre Group, Seren Group and Cymdeithas Tai Clwyd will work together to buy affordable homes for people to rent under one banner, the Welsh Housing Partnership.

These housing associations based at Cardiff, Newport, Swansea and Denbigh in north Wales have a combined turnover of £100 million and manage nearly 18,000 homes.

The aim of the Welsh Housing Partnership is to increase the supply of quality affordable homes to families who can’t afford to buy their own homes. The Partnership will offer long term rental packages to tenants keen to rent one of these affordable homes in north or south Wales.

Ian Williams, chair of the Welsh Housing Partnership Board, said: “In this pilot scheme

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...