Homes group is upping sales as way to re-invest
A housing association is aiming to increase sales of shared ownership homes as a way to plough cash into building more affordable properties.
Aldwyck Housing Association owns, manages and administers more than 11,000 properties across the region but recognises people have a desire to own at least part of their home.
Aldwyck, based on Houghton Hall Business Park, Porz Avenue, Houghton Regis, also sells some homes.
The housing association, which employs 500 people, plans to build 1,250 homes over the next three years.
Aldwyck chief executive Harj Singh said the government’s emphasis was on aspiration and owning property or a part of it was a big part of the whole making work pay agenda.
But he added providing properties for rent will remain a major part of the social housing scene for those in need.
Aldwyck’s 51-home scheme in Kestrel Way, Luton, was highly commended at the London Evening Standard New Homes Awards.