Shakespeare Martineau advises on £5.7m housing scheme

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 Platform Housing Group has completed on a £5.7million affordable housing scheme at Hunts Grove in Gloucester.
 
The 30-unit scheme will comprise of a mix of two and three-bedroom homes for shared ownership, as well as two-bedroom flats for rent to buy.
 
Led by Joanna Deffley, a partner in the firm’s real estate team and West Midlands regional head, Shakespeare Martineau advised Platform Housing Group on all legal aspects of the deal. The Hunts Grove site is the second completion that the firm has worked on with the Midlands-based housing association, following a 50-unit deal at Burleyfields, in Stafford, earlier this year.
 
Platform Housing Group is one of the largest housing associations in the Midlands, with around 1,200 staff, over 120,000 customers and 47,153 homes in its portfolio. The group has a strong social purpose and works to deliver quality homes and services that bring tangible and positive differences to local homes, lives and communities.
 
Joanna Deffley, real estate partner and West Midlands regional head at, Shakespeare Martineau, said:Joanna Deffley from Shakespeare Martineau
 
“The completion of this scheme is extremely positive news for affordable housing development in the area and indicates positive movement in the market following a stutter at the start of lockdown.
 
“Affordable housing, and the wider real estate market, is a keen focus for the firm. We feel privileged to have worked alongside Platform Housing Group on this scheme and look forward to assisting the group on future projects in the Midlands.”
 
Simon Vick, development director (West) at Platform Housing Group, said:
 
“This development is really exciting for us at Platform Housing Group and we are delighted to announce its completion particularly as there continues to be an increase in the need for affordable housing.  Crucially, offering shared ownership helps people who are unable to get on the housing ladder, the chance to part own their home.”
 
For more information, contact the real estate and planning team at Shakespeare Martineau.

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