Funding to build more affordable homes across southern England allocated to Aster Group
Local housing association Aster Group has been selected as one of Homes England’s strategic partners, securing funding of £114 million to deliver 1,550 new affordable homes across southern England by the end of March 2028 . Aster will use the funding from the government’s housing agency to build 51% of the homes for purchase using shared ownership, and the other 49% for affordable and social rent. Shared ownership is an affordable way onto the housing ladder. Buyers purchase a share of a property and pay rent on the remaining share. This reduces the size of the initial deposit required and if they want to, purchasers can buy more shares in their property (known as staircasing), eventually leading to outright homeContinue Reading