Homes built:
- 438 homes for social rent.
- 339 homes for Affordable Rent.
- 202 homes for shared ownership.
By the time the government’s 2011-15 Affordable Homes Programme (AHP) ended, we had built a total of 1,383 homes using government funding; that's more than 300 more than our original offer, for no additional grant, which represents great value for the taxpayer.
We've proved that we are not reliant on government funding to build our homes. During the past four years we built 2,114 homes without grant funding, and we'll continue to use our assets, financial strength and good partnerships to maintain a healthy development programme.
We aim to continue building around 1,000 affordable homes a year, including homes for social rent, shared ownership, and expanding our market rent portfolio. These homes will not only meet a growing housing demand, but will help to finance more affordable homes for future residents in years to come.
Hanham Hall
We have 63 homes at the award-winning Hanham Hall development in South Gloucestershire, England’s first large zero-carbon development.
Hanham Hall, a Barratt's development being delivered in partnership with the Homes and Communities Agency (HCA), is due to be completed this year and we've been heavily involved in helping the new community come together.
Joint partnerships
We're increasingly looking to pursue commercial partnerships, such as the joint venture we're currently engaged in with David Wilson Homes at Kersey Crescent in Newbury.
Now known as Castle View, the development will provide 78 homes ranging from social rent to outright sale.
This kind of commercial venture allows us to combine our skills and experience with housebuilders, as well as sharing the profits to reinvest in more affordable homes.