Joining The Housebuilding Debate
You can see our beautiful new homes at High Breezes in Hastings as featured on ITV Meridian last night, 9 December (via the link below).
“Rigid New Minimum Standards May Slow Housebuilding – Not Developers”
The Park Lane Group was approached by ITV to join the debate on housebuilding in Hastings and raised our concerns over the rigid application of proposed minimum standards for the size of new dwellings.
In Hastings, in particular, this will mean it’s no longer viable to build affordable new starter homes on some difficult brownfield sites, impacting choice and availability for buyers and affecting progress towards targets for the construction of new homes as set by Government.
Developments such as High Breezes, where we are building 80 new 2&3 bed homes priced from just £172,950 currently, are vitally needed.
Evidence of the strength of demand for these homes can be seen in the pace of sales at the development with many selling prior to construction and all of Phase 1 sold prior to completion.
High Breezes is enabling buyers onto the property ladder. 40% of sales so far having proceeded via the Government-backed Help to Buy scheme many by first time buyers, creating important regeneration in the area.
With the application of these new standards High Breezes may be the last homes of their type to be built in the area despite their popularity.
New private housing plays an important role in the housing sector. However, there are very few private developments taking place across the Borough and beyond at present, with the majority of new house building underway by Housing Associations.
Market research conducted by The Park Lane Group has identified a real need for private housing at an affordable level, specifically starter homes and smaller properties for buyers looking to downsize which our 2-bedroom home design particularly appeals to.
Seacrest View, on the Ridge in Hastings, provides further example where all nine two bedroom homes sold off-plan before any of the properties were completed. Similarly, Nightingale Place by The Park Lane Group, which is also in a regenerated area in Hastings created 12 new homes, the majority of which sold prior to construction.
Follow this link to watch the film clip: ITV News
10 December 2015