In a major milestone, Captiva Homes and Sovereign Network Group have agreed to a £30million investment into a new housing development at Horsebridge Hill in Newport, with a total of 203 affordable homes set to be built over the next 3 years. It was originally planned that as part of the new development at Acorn Farm, 72 1-bedroom flats would be classified as affordable. Now, it has been revealed that all of the planned homes will be converted to social rent and shared ownership, offering a real boost to people looking for an affordable home. Backed by Homes England with grant support, the project will offer a mix of 2, 3, and 4-bedroom houses, along with 1 and 2-bedroom apartments, catering to diverse family needs. Planning permission was granted back in January. All 203 properties – 93 houses, 72 flats and 38 apartments – will meet SNG’s Homes and Place Standard for sustainability and liveability. The wider development will include a children’s play area, improved transport links and enhanced drainage systems to help alleviate local flooding issues. These features aim to create a thriving, resilient neighbourhood. Construction will begin within 3 months, with the first residents moving in by Summer 2025. The entire project is projected to be completed in 3 years. Jenny Grote, Assistant Director of New Business Growth for SNG, said:
“There is no doubt that we need to build more good, affordable homes on the Isle of Wight. Through listening to our over 3,000 existing customers, and those we support through our employment and skills service or youth activities, we know how serious the housing challenge is for people on the island.
Iain Delaney, Captiva Homes Chief Executive, who proudly notes it has contributed 20% of all affordable homes on the Island over the past 5 years, despite only representing 10% of new construction, said:
“The whole team at Captiva Homes are thrilled to finalise this monumental contract, securing significant investment for the island. The positive engagement from the council, Local Planning Office, NHS St Mary’s, and the local community has been invaluable in shaping a development that sets new standards in local affordable housing.”
Well done Captiva! Such good quality workmanship plus style! Keep it up.
Found the captiva bot
What few people here seem to understand is that the main reason we have a need to build more homes for our people, is due to the fact that HUNDREDS of people arrive illegally each DAY into the UK.
Whilst some are fooled into believing that as the Island, so far, has few arrive here directly, many more displaced British people then move here as understandably they feel ill at ease in their inundated home towns now
So Vote reform or watch your green fields be destroyed, not for a while but forever, by those who are escaping those who ought not even be in our country.
At least get your logic straight, Bluto. Illegal arrivals have zero rights until any asylum claim has been processed (don’t hold your breath) and approved. So they aren’t in any position to rent or buy houses. They’ll be lucky to share a mattress in a gruesome “hotel”.
Logic? You think anyone who’d vote Reform has any? For gawd’s sake don’t tell them that even if they do, Reform will never have a mandate capable of changing the laws…for that they’d need a super-majority…a totalitarian state if you will. Notice neither of the two shareholders has even bothered to tell their sheep HOW they intend to achieve their nihilistic fantasy? La-la land minus 20% of the total population looks like what? 16 hour working days to achieve economic output required to keep the business here afloat? NHS only for A and E, or a 10 year wait to train up enough doctors to cover shortfall. Logic is not their strongpoint!
Yes they bloody well do that twat useless weak starmer got them their rights years ago..
Here we go, Nigel Farage’s sausage holder swallowing all the racist rhetoric. Jog on.
Why am I as a taxpayer paying to subsidise other people’s house purchases and captiva homes’ profit???
Because you are one of the many fools.
Where does it say anything about taxpayers’ funds being used? Captiva will provide the capital (and take the profit, sure) while Sovereign will provide the occupants and service the premises.
Who’d you think pays for the grant from homes England?
Yes and those that work, or have worked all their life (and see their pensions still get taxed) will provide the free or at least heavily subsidised rent.
Because it’s the right thing to do. If you look back upon your life upto the point where you could afford to buy a house, count up all of the free and abundant things you had, including liberty and growing up in peacetime. Tot up everything. Free and abundant medical/dental/healthcare. Free education and further education if you wanted it. Fully staffed and functional libraries, sport and leisure facilities, higher earnings to accomodation ratios, more police, GPs making house calls, youth clubs, more localised services etc. Everything paid for and established by the generation before you. Maybe some fought and died and never got to see the fruits of their commitment. That’s why you should pay your taxes.
It’s called ‘society’. Welcome.
Just hope these homes are for Islanders and not Oveners !!
Soon be filled with fifty shades of murky tones as the first flotsams arrivals realise as the Chavs have, that if you can fill a womb, then no need to work anymore.
All supplied for you. So those clambering ashore once wombs are filled and then emptied can then take on the Chav lifestyle, and so more arrive to replace those then not working but now as the brtis do, breeding for a living, rinse repeat until we are totally full of a hotch potch of broken home, diveristy resembling in every way a third world country. SEE it as it is not how you wish it were and vote reform.
Les a brilliant summary of just how it will be. The ignorance or navity of those who can’t see the terrible permanent damage that having a stream of dirt poor and huge amounts of children illegal arrivals will do to this Island and our country is beyond credibility.
I guess the BBC have done a wonderful public brainwashing service for the Government.
Vote reform, it is not just here much of Europe has finally, albeit too late, seen the light.
No no no! We don’t need more homes for young people!
It’s Pennyfeathers in Newport. We’re all doomed.
Oh brilliant, more tax payer paid homes for lazy, work shy, crack head, fake disabled parents of little scrotes! Glad I don’t live anywhere near by, cause trust me that is going to become a ghetto!!
Better them than you.
Another dumping ground for unwanted dross from the mainland
More than likely Caulkheads who can’t keep their pants on will be
the tenants.
Mainland ? try distant continents.
Much of the dross arriving here is because ethnics have taken over their patch for drug dealing, so they come here with their second hand Beemers, living in free houses, dealing not working and breeding ever more feral rubbish, scattered in several ‘single muver’ homes which we also fund.
End the illegal arrivals and then limit the amount of dross filling our island.
vote reform
It’s fine building affordable homes,but a lot of islanders will not be able to afford them, !!!!
I bet they don’t fit them with a decent amount of solar panels and battery…
Because there crap that’s why no new drainage no new water supply no doctors no dentist..local shop do well open 24/7.. as said before can’t wait for the crashes to block the road ..most probably put bloody traffic light up..
Let’s hope they offer these homes to persons on the mainland
who are looking to move to the Island to work in the
Healthcare profession
I understand this and other developments are all private enterprises. However prior to planning approval there must be a change to process, whereby there is sufficient social support for the increased housed population. Hospitals, dental surgeries,nurseries, education sufficient to attract doctors, dentists etc. to move here and bring up children with a decent education; without this they will not. An education system with smaller class sizes, allowing teachers to develop their charges. More council run sports centres, and better than seasonal employment opportunities.
There won’t be an increase in “housed population”, just a decrease of those in emergency and temporary housing. There are plenty in need, and 93 homes is only 10% of what’s actually required.
Would Ian Delaney be the same fella who sits on the IoW Biosphere Steering Committee ? Poacher or gamekeeper, but still, interesting how the wheels of power turn in these parts.
Copy-paste suburbs from America except it’s UK so tiny plot size, where CT doesn’t cover costs of providing utilities per household and we’ll all have to pay more and more, also car-dependent.
if only we could have mid-size buildings for 3-5x more families, with CT being net positive, with mixed-use to open new GP at the ground floor, with public transport links instead for so
much concrete for all the metal box storage and a massive green park in the middle that everyone from Newport could enjoy.
Leave early if you have a deadline because the traffic on the Newport to Cowes road will be gridlocked permanently.
Or ….more traffic lights backing up the roads and causing big delays.
Again they pick Newport to build on.
JUST WHY don’t they build on the West of the Island there are miles of nothing that they could build on and it wouldn’t impact on traffic flow and other Island peoples enjoyment of their home and area.
ITS OVERCROWDING !
Hey, you leave the west of the island alone!! We like it just the way it is, thank you very much!
They’ll all be bought up by investment firms and rented back to us for extortionate prices.
You really don’t understand the meaning of affordable, do you? Do your bloody homework before trying to be clever.
We don’t want affordable – we want reassuringly expensive, so that the lazy workshy benefit spongers and illegal dinghy spongers cant move in
Experience suggests that few or none of the homes, if ever built, will be affordable in any real sense. And look at the record, including on the Island, of Homes England, lovingly nurtured by that well-known philanthropist Michael Gove (Tory par excellence)
Perfect just what the hospital, doctors and dentists need
If you were a doctor or dentist would you really aspire to live in a benefit hutch ghetto….
Where do they get this ”affordable homes” B/S from? They are only affordable to those getting them for free, and that will be all the snort/piss/smackheads, and immigrants. I bet NONE of them are for working famillies or war vets, and who wants to live surrounded by low life anyway with a life long mortgage
Why aren’t they building on burnt out hotel sites and other derelict land? Plenty about.
Affordable!! Ha ha ha ha, that’s so funny.
Also, how many new roads aside from the housing estates have Captiva built to deal with 400 extra cars these homes will bring to the island.
Let’s just keep building till no one can move anywhere or get any appointments. Makes perfect sense.
Can’t believe some of the stupid comments on here. People just don’t do their homework and have no idea how social housing actually works and probably don’t really want to. Just want to spout off like complete fools.
we don’t want social housing as it is always occupied by lazy workshy benefit spongers
just the scum won’t work don’t work..
Great crap houseing no extra infrastrution crashes delays great can’t wait new shop up road do well though..
There should be no more new housing built on open spaces until all the derelict buildings on the Island are repurposed.
The Royal York Hotel in Ryde is a prime example. A classic art deco design. It could provide a number of flats and apartments close to the centre of Ryde. It had 130 bedrooms so could provide 60 decent 1 bed flats plus larger apartments created in the communal spaces
Instead it is s rotting eyesore.
The Council need to focus on facilitating the repurposing of existing buildings and brown sites as a priority. It’s a win win.