Vistry Group has completed the forward-sale of 70 new single-family (SFH) homes in Swindon to Leaf Living for an undisclosed price.
Vistry acquired the site in South Marston, to the north east of Swindon town centre, last year, and has secured planning permission to deliver 137 homes.
In addition to the 70 SFH homes acquired by Leaf Living, 29 homes have been sold to affordable housing provider Cottsway and the remaining 38 homes will be sold on the open market via one of Vistry’s housebuilding brands.
Vistry will build all of the new homes with timber frame panels supplied by Vistry Works, the group’s off-site manufacturing arm. Construction is due to commence later this year, with the first homes expected to be completed by spring 2026.
Supriya Ray, regional managing director of Vistry Cotswolds, said: “Our nationwide partnership with Leaf Living is allowing us to deliver homes for the SFH sector at scale, meeting the ever-growing demand for this housing tenure. Forward selling the majority of the site is exactly in line with the group’s wider mixed-tenure partnerships strategy, whilst we’re also utilising the capabilities of Vistry Works, helping us to build these homes faster and more efficiently, which is great news for the local community.”
Will Montague, CEO of Leaf Living, added: “The UK is in desperate need of two things to help alleviate the housing crisis – more rental stock to provide a good variety of tenure choice and a higher quality, professionally-managed rental sector. Strong partnerships, like that between Leaf Living and Vistry, which deliver newly-built homes in strategic locations, are fundamental to offering sustainable, long-term solutions that cater to modern housing needs.”
