The first of 245 new affordable homes at a new development in West Oxfordshire are complete, with the keys being handed over to six families by Cottsway Housing.
Pictured are Andrew Barley and Rebecca Ure who have moved into one of the new two-bed rental homes.
In total, there are 147 rented and 98 shared ownership homes being provided by Cottsway at the Brize Meadows development, under construction on land between east Carterton and Brize Norton.
Bloor Homes is building the properties on behalf of Cottsway and handed over the first six on 25 October – four, three-bedroom terraced and two, two-bedroom semi-detached homes in Parker Close.
Colin Bloodworth, Cottsway’s Assistant Director of Development and Assets, said: “We’re delighted to have handed over the keys to six families so that they can start settling into their new homes.
“This is one of Cottsway’s larger development sites and will provide a significant number of affordable homes for people in housing need from the local area, with good transport links and close proximity to the A40. We’re delighted to be working in partnership with Bloor Homes to deliver these new homes for West Oxfordshire as part of our ambitious development programme.”
The homes are being built as part of a larger development that will include a new primary school and playing field, country park extension, sports pitches and allotments.
Ken Allen, Director of Partnership Housing at Bloor Homes, added: “Bloor Homes are pleased to be working in partnership with Cottsway on this development, as part of the affordable housing provision secured through planning. This scheme is another example of our excellent working relationship with Cottsway and Bloor Homes’ commitment to delivering quality homes across all tenures throughout Oxfordshire.”
Further Cottsway homes are due to be handed over in the coming weeks, with phase two in the spring. The first eight three-bedroom shared ownership homes will be complete by December, and these were all reserved off-plan within a couple of weeks of being advertised.
The cost of shared ownership homes, based on current prices, is likely to be in the region of £195,000 for a two-bedroom flat, £245,000 for a two-bedroom home and £300,000 for a three-bedroom home. Purchasers can buy an initial share between 40 and 70 per cent, and then buy additional shares as their income increases if they wish.
Cottsway’s rented homes are allocated through the local authority’s housing allocation system. Anyone wishing to apply needs to register with the relevant local council – in this case, West Oxfordshire District Council. Rented homes will be advertised on the Homeseeker Plus website.