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22/02/2018

Work To Start On Shropshire's First Custom Build Home Scheme

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Czero Developments is to begin work on the first ever custom build home development in Shropshire.

A total of nine serviced plots for custom build homes will be delivered at Lavender Bank in Bishops Castle, Shropshire. Six of the plots have already been reserved.

Shropshire Council is one of only 11 local authorities to have been granted Custom Build 'Vanguard' status by the Ministry of Housing, Communities and Local Government.

With backing from Homes England's Home Building Fund, Czero will provide all necessary infrastructure such as roads, drainage and utilities to deliver serviced plots for purchasers. Plot purchasers will be able to customise their homes under a design code agreed alongside the Planning Permission, before either commissioning the developer to build the home or employing their own contractor.
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Simon Linford, Director of Czero, said: "Homes England uniquely understands the custom build model and the role it can play in housing delivery, particularly on smaller sites like Lavender Bank. The Home Building Fund has met a real need with this form of lending."

Chris Raybould, Senior Manager at Homes England, said: "The Home Building Fund is specifically designed to support small builders and custom builders as well as larger builders and developers.

"Given that custom build schemes remain scarce in number, Czero Developments had found traditional development finance difficult to obtain so we are pleased to have been able to work with them to help make this project a reality."

(LM)

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