Glenvale Park LLP – the developers behind the vibrant new community on the northern edge of Wellingborough – has welcomed leading housing provider Stonewater to the landmark development.
Glenvale Park is a vibrant, sustainable new neighbourhood in Wellingborough, bringing 3,000 brand new high-quality homes, amenities and exceptional green spaces to the northern fringe of the town. The developers behind Glenvale Park are committed to giving back to the community through community engagement initiatives, events and a dedicated social value programme.
Stonewater is the eighth developer to join the community, with construction beginning on this latest parcel of homes in July 2022. Other developers on site include Barratt Homes, Taylor Wimpey, Keepmoat Homes, Persimmon Homes, ilke Homes and Lagan Homes. Care provider LNT has also recently completed its development at Glenvale Park.
In total, Stonewater plans to deliver a total of 148 affordable homes to Glenvale Park comprising a mix of flats and houses for affordable rent, social rent, shared ownership and Rent to Buy. The opportunity for Stonewater to acquire the site from Glenvale Park LLP was facilitated by affordable housing developer V10 Homes which put together a packaged deal for the land purchase and construction of the homes.
Rent to Buy is a scheme which allows customers to rent a home at 80% of the market rent, providing aspiring homeowners the opportunity to save towards a deposit and after five years, buy their home.
To support its environmental commitments, the completed houses on the development will be powered entirely by air-source heat pumps and Stonewater will also be providing electric vehicle (EV) charging points.
