Affordable homes plan moves forward

Published Monday 25 April 2022

Land owned by the Council at Naseby Square in Market Harborough has now been sold for £1.4m to Platform Housing Group to amalgamate with their adjoining land and build 38 much needed affordable homes.

The new development will consist of 1-3 bed homes which will be a mix of rented and shared ownership and will help local families find a place to live within their budget. The scheme will include 8 bungalows for rent which may be attractive to older people or those with a physical disability.

Delivering affordable housing is a key priority for the Council and 2021/22 was another record year with over 200 new affordable homes built. However, demand is also rising fast with over 450 applications to join the Council’s housing register in the last three months, with over 600 applications in total. Anyone in need of housing advice or at risk of becoming homeless should visit the Council’s website where there is lots of information and help.  

After considering options for the land the Council agreed not to pursue the proposed housing project itself as it has had to refocus its priorities in the wake of the Covid-19 pandemic.

The capital raised from the sale will be used to support the Council’s various capital projects across the Harborough district.

Platform Housing Group worked very closely with those customers of Naseby Square who would be affected by the proposed redevelopment and has successfully relocated all those customers to other Platform Housing accommodation of their choosing.Cllr James Hallam

Cllr James Hallam (pictured), Harborough District Council’s Deputy Leader and Cabinet lead on strategic asset management, said: “With the significant impact of the Covid pandemic, a decision was taken to sell this land on behalf of the taxpayer. We will carefully evaluate how we can utilise this capital receipt to benefit the Harborough district.”

Platform Housing will continue to ensure that all remaining residents of Naseby Square are kept fully informed with the redevelopment as it progresses.


Notes: Harborough District Council agreed on 8 September 2020 that the Naseby Square site should be sold and on the 2 November 2020 the Council accepted the provisional offer from Platform Housing Group. Prior to the sale, both the Council and Platform Housing Group owned adjacent portions of the Naseby Square site. By amalgamating the sites it will enable the development of 38 affordable homes.