Network Homes moves into Essex with over 100 affordable homes in Loughton
17 January 2022
We're helping to transform surplus land in Borders Lane, Loughton, into 107 affordable homes as part of our first development in Essex.
The scheme marks the first major project in Network Homes’ new partnership with Epping Forest District Council as one of their preferred partners in delivering new affordable housing. Contracts were exchanged in December as part of a section 106 deal with developer Fairview New Homes which will see a total of 424 homes built over two sites formerly owned by New City College.
We'll be delivering 65 apartments for Affordable Rent and 42 for Shared Ownership with homes ranging from one bed to four-bedroom family sized properties. With work already underway on the first phase, residents are due to move in from Autumn 2023 with all new homes set to be completed by Autumn 2025.
All residents will have access to outdoor space with large balconies and green communal spaces. The new homes will also have good transport links with Debden tube station nearby and easy access to local shops.
We’re really excited to be getting underway with this development which will be our first scheme in Essex and the first as a preferred partner for Epping Forest District Council. It will deliver much needed affordable housing in Loughton and supports our aim of starting 1,000 affordable homes by March 2023.
David Gooch, Executive Director of Development at Network Homes
Councillor Holly Whitbread, Portfolio Holder for Housing Services at Epping Forest District Council, said: “I would like to welcome Network Homes as our newest preferred provider of affordable housing. I hope it is the first of many opportunities to work in partnership with Epping Forest District Council as we strive to provide much needed, good quality, affordable family homes across the district.”