Latest News | 22 September 2020

City centre homes on show

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Bondholder Compendium Living has opened the doors to two brand-new show homes at its Castleward development in Derby city centre.

The latest phase of Compendium Living’s £100 million-pound Castleward regeneration scheme, with fellow Bondholder Derby City Council and Homes England, consists of a stylish selection of 42 two- and three-bedroom homes, low-rise apartments, maisonettes and duplex-style properties.

Homebuyers are now able to take a look around the two-bedroom apartment and duplex show homes in person, via appointment only.

Paul Simpson, Chief Executive of Derby City Council, Cllr Roy Webb, Cabinet Member for Adults, Health & Housing and John Gilman, Principal Regeneration Manager, were amongst the first to visit the show homes. They met with Chris Timmins, East Midlands Area Director of Compendium Living, to discuss how the development has been operating following the Coronavirus pandemic and how it will contribute towards the economic recovery of Derby.

Cllr Roy Webb said: “Continued investment in this type of development shows the confidence of investors in our vision for inner city living and its importance to the recovery and revitalisation of Derby.”

Chris Timmins added: “Castleward is an important housing-led regeneration scheme which is helping to ensure continued economic growth within Derby, whilst helping to enhance to local area.

“It was a pleasure to meet with members of the council to share the range of measures in place at Castleward to keep the workforce, customers and existing residents safe, whilst launching two new showhomes and ensuring construction remains underway in a responsible and socially distanced manner.”

The homes at Castleward can be purchased with a 5% deposit using the Government-backed Help to Buy: Equity Loan scheme. The remaining amount is made up from a 75% mortgage and a 20% equity loan, which is interest-free for the first five years.


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