19 Oct 2022
Homebuilder Northstone hits major North West milestone
Homebuilder Northstone has reached a major milestone - bringing three new North West sites to market within a month.
Northstone now has homes on sale at Tulach in Wigan, Glisk in Ellesmere Port and Airie in Bolton. The sites – totalling 591 homes when complete – are in addition to homes already on sale at Keld in Lancashire and Silkash in Bolton.
It marks rapid expansion for the North West-based homebuilder, part of Peel L&P. Launched in 2019, its aim was to challenge perceptions of new build homes, delivering design-led, energy-efficient homes initially in the North West.
Northstone now has over 1,300 homes in the pipeline on sites totalling around 150 acres, including sites under construction and those in the planning system. Its most recent submission included reserved matters plans for 74 homes in South Lancaster.
Chief Executive Phil Wilson credits the rapid success with his team’s willingness to challenge entrenched new build practices and diversify the homes coming to market, with adapted/accessible homes; bungalows and multigenerational homes among those being planned.
Phil Wilson, Chief Executive at Northstone, said: “This has been a significant month in Northstone’s history, with three major sites launched and people filing through showhome doors – including our first community in Cheshire. It was always our intention to first define our unique design and offer to buyers, and then move quickly at key locations to respond to the need for high-quality new homes.
“We’ve seen really strong demand at sites across the North West. A major driver of that has been people who wouldn’t usually consider a new build, as well as attracting people looking for homes that are more efficient to run, in turn cutting down on monthly bills.”
Northstone is now eyeing further expansion, with plans to be actively involved in delivery of key Peel L&P sites in Greater Manchester, as well as considering its first sites in Yorkshire.
Part of its success has been establishing strong partnerships with respected contractors across the region, including Eurogold (at Silkash and Glisk) and Westbourne (Airie).
Phil Wilson added: “The last few week has shown how quickly the markets can change and it’s clearly a challenging time for UK households and the wider economy.
“With lower bills, our homes are genuinely lower cost to run. If mortgage availability and interest rates are kept in check, then the latest stamp duty changes as well as plans to streamline the planning process in key locations as part of investment zone could assist housebuilding in the North West and beyond and keep the market moving.
“We’re delivering considered communities in sustainable locations and – by delivering what we promise – demonstrating to local authorities that Northstone can set a really high bar for what new build communities can be.”