Council launches building firm to construct ‘affordable rent’ units

Council launches building firm to construct ‘affordable rent’ units


Todays other news
The warning comes from the financial service Moneyfacts...
The campaign is called Justice for Property Rights...
Q1 2026 rents held at an average (outside of London)...
Sales activity in 2026 so far is well down on...


Manchester council has launched its own building company – called This City – to construct affordable and market homes to rent.

The council says schemes developed through This City will focus on high quality, low-carbon homes and deliver a mix of affordable rent and market properties – with the latter helping to subsidise the development of homes priced at or below the Local Housing Allowance rate. This means they will be accessible to people in receipt of housing benefit. 

A site in the Ancoats suburb has been unveiled as the first project by the new company, with Wates Construction appointed as the lead contractor responsible for delivering the 128 apartments and townhouses – 30 per cent of which will be for accessible rent. 

All future This City developments will include a minimum of 20 per cent accessible rented homes on completion, which will be available at or below the Local Housing Allowance level.

This City eventually wants to deliver up to 500 new homes each year – thereby increasing the number of accessible rent homes available to Manchester people.

This phase builds on recent regeneration successes to further the evolution of Ancoats into a sustainable neighbourhood that is even more attractive to people and families keen to settle and stay in the area. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Slowing room supply growth is of huge concern when rooms...
Party leader Jack Polanski says he wants to introduce rent...
This is according to Fleet Mortgages’ latest Rental Barometer....
Lettings agency Hamptons, in a detailed analysis, shows how flipping...
A paper is to be published after the May local...
Havering council planning officers received reports from residents....
Recommended for you
Latest Features
Will Renters Rights Act benefit professional investors?...
How missed payments are creating a property debt crisis...
Housing law expert Natalie Peacock is from solicitors' firm Rogers...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.