Tuesday, February 25, 2025

James Reckitt Properties sells nine new homes to city council

Hull City Council is to buy nine brand new homes from James Reckitt Properties Limited at its Brambles Development in east Hull, which will be for rent from the council.

The council will fund the acquisition via the Housing Revenue Account, the Council’s Landlord Service,  and grant from Homes England’s Affordable Homes Programme.

Cllr Paul Drake-Davis, Hull City Council’s Portfolio Holder for Regeneration and Housing said: “We have an acute shortage of affordable housing in relation to current demand. We have 1,400 people who have been awarded urgent priority status for rehousing, which is twice the number of people as in 2020, yet only 1,400 homes became available to let in the last 12 months.

“The acquisition of more homes should help ease the pressure.  Hull City Council gives preference to its existing tenants for new build houses, giving those with good tenancy histories a better chance of securing a new home.  This in turn frees up other council properties for those who need them.”

Hull is said to be currently experiencing an unprecedented demand for affordable housing. The latest Local Needs Assessment identified a net need for 242 affordable homes to be built every year until 2039.  General house building and affordable housing developed as part of that is unlikely to deliver sufficient affordable homes on its own, therefore turn-key opportunities such as at the Brambles are important additions to the council’s housing stock.

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