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Wates Living forms JV with housing association Trafford Housing

Wates Living Space Homes has formed a joint venture with a northern housing association to deliver mixed-use schemes in the region.

The first project to be delivered by the contractor and Trafford Housing Trust will be 1.4 ha site in Timperley, which has been derelict for several years.

The scheme will include 33 family homes and 29 flats, the first phase of which will be completed in the summer of 2017.

Trafford Housing Trust chief executive Larry Gold said the deal reflected progress in the housebuilding sector, with a housing association partnering with a commercial developer to accelerate housing delivery.

“By embracing a profit-for-purpose approach to development, we can also help tackle the issue of local housing need while still fulfilling our primary role as a champion of social justice at grass-roots level,” he added.

Wates Living Space Homes managing director Joanne Jamieson said: “Our joint venture with Trafford Housing Trust will be a partnership that will serve to accommodate the rising demand for high-quality and efficient homes, while also providing a vital catalyst to unlock further regeneration.”

Trafford Housing Trust has also recently partnered with major housing association L&Q in a similar JV to develop new homes in Manchester.

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