MTVH acquires 256 Wokingham homes from Vistry13 Feb 2025 13:19
Vistry Group has forward sold 256 homes at Finchwood Park in Wokingham to housing association Metropolitan Thames Valley Housing (MTVH) for an undisclosed price.
Vistry has completed the land purchase of parcel 10 at Finchwood Park from Cala Homes, on which the new homes will be built, and and reserved matters planning permission has been granted for the 256 homes, of which 35% will be affordable housing.
Vistry will deliver the new homes in a mix of one- and two-bedroom apartments and two-, three- and four-bedroom houses. Construction of the new homes on parcel 10 will commence in early 2025.
Trevor Wicks, managing director for Vistry Thames Valley, said: “We’re excited to extend Vistry’s strong relationship with MTVH through these 256 homes at Finchwood Park, which will make a significant improvement to the provision of affordable housing and the availability of green open spaces in the area. With detailed planning permission already granted, our team is looking forward to starting construction on these high-quality new homes imminently.”
Guy Burnett, executive director of development at MTVH, added: “MTVH is pleased to be involved in this partnership with the Vistry Group for the delivery of 256 homes at Finchwood Park in Wokingham. This development is an exciting project which will deliver a variety of mixed housing, many of which will be affordable homes, and continues our long-standing relationship with Vistry.
“This is also a crucial step in helping to alleviate the housing pressures facing the local community in the South East. As the new homes are of a mix of sizes, these benefits will be felt by families and single people alike. Continuing these partnerships is crucial as we work to deliver the homes which ensure everyone has the chance to live in a safe, warm, and affordable home and to live well.”
Vistry will construct the scheme, which will comprise a mixture of one- and two-bedroom apartments as well as two-, three-, four- and five-bedroom houses.
https://benews.co.uk/vistry-sells-256-homes-at-wokingham-site-to-mtvh/