Long Harbour’s single-family housing fund (LHSFF) has entered its operational phase by taking over the management of the first completed homes at three sites in Kent, Essex and Derby.
The homes are located at: Orchard Mill in Ditton, Kent, forward-funded with Miller Homes; Newhall in Harlow, Essex, acquired from Vistry Group and two sites forward-funded with Bellway – one in Snelsmoor Village in Derby, and the other at Weavers Field in Desborough.
The shift to its operational phase is a significant milestone for LHSFF, as completed homes begin to generate stable, long-term rental income.
All homes in LHSFF will be let and managed by Home by Way of Life, Long Harbour’s residential lettings and management business, underpinned by its proprietary Olympustech.ai technology system.
The fund continues to grow its portfolio and intends to be operational on several more sites by the end of 2026.
Jack Spearman, managing director of single-family housing at Long Harbour, said: “Taking handover of our first homes is a defining moment for the fund, as we move from deploying capital into building new homes to generating long-term income for our investors. Alongside this progress we continue to grow our pipeline, reflecting the strength of our partnerships with leading housebuilders and the depth of demand for high-quality single family rental homes across the UK. This is just the start for LHSFF as we look to scale the fund towards its £1.2bn target.”
