Merlin aims to fly high with ambitious home building programme

May 04 2016

HOUSING association Merlin said it had ambitious plans to increase its home building programme by 250 per cent during the next 12 months.

HOUSING association Merlin said it had ambitious plans to increase its home building programme by 250 per cent during the next 12 months.
The Chipping Sodbury-based society is already on site building nearly 100 homes with developers such as Lovell and Barratt Homes.
Now it plans to start work on another 350 properties during the next year - a big change from only three years ago when it started its development programme and completed just 24 homes.
Merlin’s head of development, Amanda Swann, said: “Last year we started work on 100 new homes and completed 79. This year, we’re aiming much higher and will be starting work to build 350 much-needed affordable homes and to complete more than 130.
“It’s a huge increase but shows the scale of our ambitions. Our plans for the future are even bigger. By 2019 we want to be completing 300 new homes every year.
“There is a housing crisis in our area, with house prices around nine times average earnings. It means people are finding it increasingly difficult to own their own home.
“Thousands of people have registered for affordable rented housing locally. We’re committed to helping meet this demand and to providing even more local people with the homes they need.
“We’re particularly keen to increase the number of shared ownership properties we’re developing. In the past year, we had huge demand for the homes we’ve already sold and we expect this will be a real growth area for us.”
Over the past year Merlin has completed developments in areas such as Chipping Sodbury and Filton.