Council agrees to buy 47 'affordable rent' flats from developer on new build estate in Daventry
More than 40 flats will be bought by the council on a new build estate in Daventry so they can be used as ‘affordable rent’ homes.
West Northamptonshire Council (WNC) agreed plans to acquire 47 properties at the Malabar development in Daventry during a cabinet meeting on Tuesday June 9.
The properties include a mix of apartments and maisonettes, which will be listed for ‘affordable rent’. The flats will be bought from developer Crest Nicholson.
Of the 47 new homes, 24 were originally designated as affordable housing under a Section 106 planning agreement. According to the council, the developer was unable to secure a registered housing provider, so there was a risk the homes could be converted to open market sale. A further 23 homes will also be acquired by WNC making 47 homes in total.
Councillor Charlie Hastie, Cabinet Member for Housing and Communities, said: “We know there is strong and growing demand for affordable housing across West Northamptonshire, and schemes like this play a vital role in meeting that need by offering a range of options from affordable rent through to opportunities for home ownership.
“By acting quickly, we’ve been able to secure these homes and continue delivering on our commitment to provide more high-quality, affordable housing. We will keep working closely with our partners to bring forward opportunities like this and help more people access safe, secure and affordable homes.”
WNC says the homes will provide “high-quality, modern living spaces, meeting nationally described space standards and current energy efficiency requirements”.
Construction of the homes is already underway, with the first completions expected in late summer 2027.