Lea Hough has been instrumental in the sale of land that will allow 138 new homes to be built in Darwen. The team at Lea Hough represented the landowners in the sale of the land to McDermott Homes, from initially marketing the land through to the negotiation and completion of the sale.
The land, which lies just off Cranberry Lane in South Darwen, has already received planning consent for 138 houses. North West based McDermott Homes, the developer that purchased the land, is set to commence work on site in the next few weeks.
The news comes just days after a report commissioned on behalf of the National Housing Federation (NHF) found that England is short of 4 million homes. The research went on to recommend that England needs 340,000 new homes to be built every year until 2031 to tackle the housing shortage.
David Bailey, Partner and Chartered Planning and Development Surveyor at Lea Hough commented:
“We’re delighted to have been involved in this transaction, which will pave the way for much needed new build homes in the area. Just like any other area of the country, Lancashire is under pressure to meet its house building targets, and this project will contribute towards this.
“There are usually quite a few hurdles to overcome in these sorts of transactions but on this occasion, the sale has been smooth and the entirety of the process took little over eight months.
The land sale is one of several similar projects in Lancashire that Lea Hough are involved with.
The annual target for new build homes in Blackburn is currently 625.
Lea Hough is a full service Chartered Surveyors and property consultancy with offices in Preston, Blackburn, Lancaster and Clitheroe. For more information please contact us.