Specialist land development and property consultancy Mather Jamie has negotiated the sale of land on Cossington Lane in Rothley for development as an affordable housing scheme.
Mather Jamie were instructed by a private landowner to seek developer interest in a consented development site in Rothley which had been successfully self-promoted by the landowner who obtained Outline Planning Permission for 40 dwellings.
The land has been purchased by housing provider Longhurst Group, which owns and manages more than 24,000 homes across the Midlands and East of England.
Marcus Keys, Executive Director of Growth, Development and Assets at Longhurst Group, said: “We’re committed to providing the homes people want, where they’re needed most and so this opportunity to build much-needed affordable housing in this part of Leicestershire is an exciting one for the Group.
“We’ve been working closely with our partners to make this deal happen and develop our reserved matters planning application.
“I’m looking forward to the next stage of this process and seeing our plans become a reality as we enable more local people to take their first step onto the property ladder.”
The land sale was facilitated through MyPad, an established residential developer based in Beeston, which specialises in land, design, and build packages, partnering with Registered Providers. MyPad will be delivering the site as main contractor with construction expected to start in July 2025 with the first units ready for occupancy by January 2026.
John Turner, Land and Partnerships Director at MyPad, said: “We are thrilled to have secured the delivery of this new development. The opportunity aligns with the growth ambitions of our business and our commitment to addressing the acute need for affordable housing in the area.
“We extend our gratitude to Mather Jamie, the landowner’s agent, and Longhurst, our Registered Provider Partner, for their professionalism and pragmatic approach throughout the negotiations.
“We intend to build on our positive early engagement with Charnwood Borough Council to ensure our proposals address specific affordable housing need and make a positive impact on the local community.”
