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Gloucestershire Business News

Affordable homes delivered to boost residents of Cotswold town

A new development of 60 affordable homes has been opened in Fairford.

Keble Fields has been developed by social housing provider Stonewater in association with Cotswold District Council and Bovis Homes.

It is part of a larger development that is bringing a total of 120 new homes to the area.

They have been exclusively built for local people who have a connection to Fairford to help tackle a shortage of affordable housing in the Cotswold town.

Keble Fields provides a mix of 40 affordable homes for rent, ranging from one-bedroom apartments to three-bedroom houses.

The development also features six larger three-bedroom houses, specifically designed for families of six to offer greater comfort.

A further 20 houses - twelve two-bedroom and eight three-bedroom houses - have been built for shared ownership.

Shared ownership is Stonewater's part-buy and part-rent scheme, which gives more people a realistic and affordable way to purchase a brand-new home.

"Stonewater has been working closely with Cotswold District Council in recent years to address the lack of affordable housing in the area," said James Bradbury, director of development operations at Stonewater.

"We're proud of what we've been able to achieve with the Keble Fields development as it means more families have been given the chance to get their foot on the property ladder and stay in the local community."

Councillor Lisa Spivey, cabinet member for housing and homelessness, said: "With a shortage of affordable housing in the area, it's really important to me that local people aren't priced out of the towns or villages they grew up in.

"These new homes in Fairford have been built to help more families stay closer together and I'm delighted to see they're ready and available right now."

Supriya Ray, Regional Managing Director at Bovis Homes, said: "Keble Fields is a wonderful location in Fairford that has proved extremely popular with Bovis Homes house buyers.

"Bovis Homes is proud of its links with the town and to support new affordable homes at Keble Fields and similar developments in Faringdon Fields, Faringdon and Townsend Place, Shrivenham."

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