Local Redbridge councillors have visited Wanstead Park Road, a new development of 37 affordable homes in the borough.
Councillor Farah Hussain, Redbridge Council’s Cabinet Member for Housing and Homelessness, and Councillor Kam Rai, Deputy Leader of the Council, were on site at the new scheme – which is being delivered by Rydon and housing association Metropolitan.
Wanstead Park Road comprises four homes for social rent and 33 homes for shared ownership – a part-buy, part-rent scheme which allows buyers to purchase a percentage of the full market value of a property and pay a subsidised rent on the remainder. The Greater London Authority (GLA) provided nearly £1.4m of grant funding for the development.
The new homes, which are expected to be completed at the end of the summer, range in size from one-bedroom flats to four-bedroom family houses – and the development will also feature a children’s play area.
The homes for social rent will be provided to local people on Redbridge Council’s housing waiting list.
Steve Blake, Director at Rydon, said: “We are delighted to host this event as we near the completion of these high quality, modern and spacious affordable homes for Metropolitan, improving living environments for local people in Redbridge.”
Ian Baggaley, Head of Delivery at Metropolitan, said: “We are very pleased to welcome Councillors Hussain and Rai to Wanstead Park Road. Building quality new affordable homes is one of the key ways we deliver social value as a housing association – and we’re particularly proud to be delivering this 100% affordable development here in Redbridge.”
Cllr Farah Hussain, Cabinet Member for Housing and Homelessness, said: “I’m really pleased that we have been able to work with Metropolitan on this development in Wanstead Park Road. These new homes will benefit local families and will help us achieve our target to deliver 1,000 affordable homes for residents.
“We are using the resources available and doing all we can to increase the number of available homes in Redbridge and to improve the conditions of privately rented properties. By working with the GLA, our social housing partners, landlords and residents we will be able to provide high-quality homes and create neighbourhoods that people want to live in and stay.”
PICTURED (left to right): Ian Baggaley, Head of Delivery at Metropolitan; Cllr Farah Hussain, Redbridge Council; Cllr Kam Rai, Redbridge Council; Jeff Henton, Managing Director at Rydon