Linden Homes & Aster sign Joint Venture

Linden Homes & Aster sign Joint Venture

Housing Association Aster Group has announced a new joint venture with housebuilder Linden Homes to build its first homes in West Sussex.

Aster and Linden Homes, have launched the joint venture (JV), called Kilnwood Vale, to develop 130 new homes near Horsham. The move follows Aster’s expansion into Surrey for the first time and developments in new areas in Oxfordshire and Hampshire over the past year.

Construction on the properties, which include 33 affordable homes, is expected to begin in early 2019. Linden Homes will market the homes from Summer 2019.

Philip Chapman, Managing Director at Linden Homes South, said: “We plan to deliver a mix of two-bedroom apartments and two, three- and four-bedroom homes from our popular Linden Collection at Kilnwood Vale and we look forward to working with Aster Group who will also be delivering the affordable homes as part of this development.

“The proposals also include a primary school, nursery, library, local shops including a health centre, community centre and plenty of open space and sports areas to create a new community setting.”

Jane Gallifent, Development and Sales Director at Aster Group, said: “West Sussex is a new growth area for us and forms part of our strategy of expanding further into the South East. This third partnership further cements our strong relationship with Linden Homes and we’re excited to be bringing the model to an area where there is a clear shortage of high-quality affordable homes. It means we can quickly build and market a wide choice of new properties as we play our part in tackling the housing crisis.”

Aster is alredy involved in a JV with Linden Homes in Hampshire

The Housing Association delivered a record 939 new homes last year, a 14 per cent increase on 2016’s total.

www.aster.co.uk

Image: Homes at Meldon fields, a 308-home mixed housing development in Okehampton

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