Kent and Kier in new deal

Published:  11 February, 2013

Kier is to build 152 houses in a new deal with Kent County Council. Under the deal, the council has transferred three sites to Kier which, with an institutional investor, will act as a registered social landlord to fund and manage the houses.

"This model opens up the chance to develop affordable, intermediate or market rented housing without necessarily using any public sector funding," said Dennis Seal, director for development and affordable homes at Kier.

"Anybody can negotiate this type of deal. The model has the flexibility to deliver housing across different tenures to take into account local need, and if you target the right opportunities, you don't need any public funding at all."

Homes can also be delivered immediately rather than over a period of years as buyers and mortgage finance are lined up, he added.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.