Herts-based housing association, Hightown is set to provide 85 much-needed affordable homes as part of the new Stortford Fields development in Bishop’s Stortford.
Stortford Fields will be brought forward by a consortium of developers - Taylor Wimpey, Bovis Lend Lease, Persimmon and Kier.
Hightown’s 85 units will be split to consist of 63 for affordable rent and 22 for shared ownership, and range from one-bedroom flats to four-bedroom houses.
Andrew Royall, Hightown’s Director of Development commented:
“We’re delighted to be working with the consortium as part of the Stortford Fields development. There is a real need for affordable housing in Bishop’s Stortford and this development will create high quality homes, for local people who might otherwise be priced out.”
According to Zoopla, Bishop’s Stortford currently boasts average house prices of £481,339, and according to the East Herts District Plan has “a pressing need for more affordable housing” locally.
Stortford Fields will create a new neighbourhood in Bishop’s Stortford, consisting of 2,200 new homes, two new primary schools, employment land, retail, community facilities and approximately 58 hectares of green open space which will include play areas and allotments.
30% of the homes will be affordable, with Hightown’s 85 units within the affordable housing portion for Taylor Wimpey’s scheme in the Western neighbourhood. The remaining three developers - Bovis Lend Lease, Persimmon and Kier - will also deliver a 30% affordable housing provision as part of their schemes.