New Bath regeneration plans to create more trades jobs
Career Structure report that Lovell has been awarded a £7.8 million contract to demolish 50 existing homes in the Southlands area of Bath, which were built in the 1950′s and are classed as derelict. The work is expected to start this month and be completed by next summer, and will see 74 new homes and flats built on the site of the 50 homes that will be demolished.
Out of these new 74 homes, 58 will be available for affordable rent, and the remaining 16 will be for first-time buyers under the New Build HomeBuy scheme.
This scheme by Lovell sounds like a great idea. As well as creating a number of trades jobs in building and fitting the homes, it will help first-time buyers get onto the housing ladder and buy a property, which is hard to do with the current financial climate.
What do you think about these plans in Bath?