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Deals round-up: February 2026

A round-up of the main development deals involving housing providers, local authorities and the private sector

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LinkedIn SHA round-up of the main development deals involving housing providers, local authorities and the private sector #UKhousing #HousingFinance

SettleParadigm and L&Q

 

SettleParadigm has completed the acquisition of 3,500 homes from L&Q in South Buckinghamshire.

 

This brings the total number of homes owned and managed by SettleParadigm to 30,000, following a merger between Paradigm Housing Group and Settle Group in October.

 

Southwark Council, Wates Residential and Mount Anvil

 

Southwark Council has signed contracts with two partners to provide at least 360 new council homes in the south London borough.

 

Wates Residential will build at least 343 homes across four sites. All of the homes will be affordable, including around 131 council homes. The sites are: Bells Gardens Estate, Lindley Estate and Wickway on the Gloucester Grove Estate in Peckham and Wyndham Road in Camberwell.

 

Mount Anvil will deliver at least 786 homes, with around half of these to be affordable, including a minimum of 229 council homes. These will be built at four sites: Seven Islands Leisure Centre and Red Lion Boys Club in Rotherhithe, and 1-36 Priter Road and Beormund School in Bermondsey.


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Auxesia Homes and St Arthur Homes

 

Auxesia Homes, a for-profit provider that specialises in homes for keyworkers, has acquired 325 shared ownership homes from St Arthur Homes, a fellow for-profit provider within the same parent organisation.

 

The homes are located across the South of England and were bought in a deal valued at £45.8m. 

 

Cheshire-based Auxesia now has 637 homes while London-based St Arthur only has five, but it will continue to operate as a separate provider.

 

Both landlords are subsidiaries of European real estate giant Futureal.

 

Your Housing Group and Westchurch Homes

 

Your Housing Group has completed 106 homes in Farnworth, North West England.

 

Built by Westchurch Homes, 50 affordable rent and 56 shared ownership homes have been delivered at the £23.6m development called Century Mill.

 

Located on George Street, the scheme replaces a former mill. The brownfield site was transformed into a new neighbourhood. It includes 12 onebed maisonettes, 26 twobed houses, 32 threebed houses and 36 fourbed houses.

 

Legal & General Affordable Homes

 

For-profit provider Legal & General (L&G) Affordable Homes has purchased land to develop 122 affordable homes in Lincolnshire.

 

The project at Wainfleet Road, Boston, is being delivered in partnership with Boston Borough Council as well as developers Langcroft Group and Seagate Homes. 

 

The scheme will provide 85 homes for social rent and 37 for shared ownership, with a mix of one, two and three-bedroom houses and bungalows.

 

L&G Affordable Homes will also work with housing association Housing 21, which is delivering a further 36 social rent bungalows for retirement living under the overall planning permission for the site.

Orbit Homes

 

Orbit Homes has received planning approval to deliver 93 new homes in Hemsby, Norfolk.

 

Located on Yarmouth Road, the scheme will be a fully affordable development where 60 per cent of the homes will be for social rent, with the remaining available for purchase through shared ownership.

 

The scheme will feature a mix of one, two, three and four-bedroom houses and two-bedroom bungalows. Construction is expected to start this summer. 

 

The development is supported by grant funding from Homes England.

 

Flint Housing

 

For-profit registered provider Flint Housing has welcomed residents to 85 new social rental flats in its North Kensington Gate development, with over 80 per cent of the homes occupied.

 

The project was developed in partnership with the Old Oak and Park Royal Development Corporation, the Greater London Authority, the London Borough of Hammersmith and Fulham, Brent Council and Ealing Council.

 

Citizen and Vistry

 

Housing association Citizen has partnered with house builder Vistry to deliver 60 affordable family homes in the West Midlands.

 

The development will transform a previously vacant site in Oldbury into a new community, offering a mix of two, three and four-bedroom homes. 

 

Great Places Housing Group and Strata

 

Great Places Housing Group has exchanged contracts with house builder Strata to deliver 53 social rent homes at Lutterworth Drive in Doncaster, South Yorkshire.

 

The homes will be built on land allocated for housing in the City of Doncaster Council’s local plan. Historically unused, the site will be transformed into a residential community featuring bungalows, semi-detached and terraced homes.

 

The 53 affordable homes will offer a mix of one, two and three-bedroom homes.

 

Plymouth Community Homes

 

Plymouth Community Homes (PCH) has acquired 17 homes for social rent from Cavanna Homes, which the house builder will build on the outskirts of Exeter.

 

The homes at Elm Park in Matford will consist of one and two-bedroom flats and five three-bedroom houses. These are the first properties for which PCH has partnered with Cavanna Homes.

 

The scheme is backed by Homes England funding. The homes will be prioritised to people with a local connection to the area via a partnership between PCH and Teignbridge District Council.

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