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126 new homes for Haringey from Pocket Living

Pocket Living was delighted to receive planning permission from Haringey council last week, for our most ambitious scheme to date, West Green Place N17.

 

This allows us to deliver 98 Pocket homes, which will be available to local first time buyers at a 20% discount, establishing another strong community of owner occupiers. West Green Place will also include with a new community centre for the benefit of the whole local community .

 

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Streatham welcomes Pocket’s latest building for first time buyers

Hello Mountearl Gardens SW16!

 

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Mountearl Gardens SW16 is another great example of the way Pocket Living brings architectural quality to areas of London popular with first time buyers.  We’re really proud of our latest scheme which made creative use of this site set on the corner of the handsome estate off Leigham Court Road.  Previously home to old garages, we worked with HKR Architects to create a building comprised of one, two and three storey blocks that optimises the site without compromising the views of existing residents.

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It’s all about good design at Western Road UB2, Ealing

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The back of Western Road UB2 overlooking the garden

 

Our latest Pocket building on Western Road in the heart of Southall is complete with Pocket owners settled in and enjoying their homes. I am sure you will agree that this is one handsome building!  There are 36 one bedroom homes at Western Road UB2, all sold for £165,000 and designed for us by the architectural practice JTP.

 

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Housing leads the mayoral debate

On Tuesday night, a couple of lucky people from Pocket were in the front row for a debate by the London mayoral candidates entirely devoted to the subject of housing in the Capital. Mayoral hopeful Sadiq Khan launched his campaign by saying that the election in May was going to be “a referendum on housing” and from the level of engagement on Tuesday night – he was right. It was mentioned that previous Mayoral elections have been centred around the key issue of transport or policing and this vote will be defined by the candidate that reassures the electorate that they will make an impact on the housing crisis.

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Pocket receives strategic investment from US company

Related Companies makes a ground-breaking strategic investment in Pocket

We are extremely excited to announce that we have attracted a new investor to Pocket. This week we became equity partners with Related Companies, the largest owner and developer of affordable housing in the US. This strategic investment in Pocket is a trail-blazing deal as it brings investment from across the pond into the UK’s affordable housing market.  Related have acquired a 50% stake in Pocket, and will be working with us to scale up our delivery of discounted flats for sale and rent in London.

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Pocket bond on Crowdcube attracts double-investors

So good they invested twice

 

W_MG_6173e launched the first Pocket bond on Crowdcube back in March 2015, offering 7.5% interest over a four year term, and we quickly achieved our funding goal.  Our second bond, the Pocket Land Bond, launched last week and we are already 10% funded, thanks to a good level of repeat investment.  We are very grateful to those who show continued support for Pocket, and we contacted a couple of our ‘double-investors’ to find out what it was that attracted them to the Pocket bond – twice.

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Pocket gets moving in Lambeth

On track to deliver 127 new Pocket homes in Lambeth in 2016

 

It’s all happening in Lambeth! Having just started building our latest development Mountearl Gardens SW16 in Streatham, Pocket has this corner of London on the brain. One of the boroughs where city makers most want to buy their first home is Lambeth, and what’s not to like?! Lambeth stretches all the way from the River Thames (overlooking Westminster) through multicultural Brixton, down to leafy Streatham.  There’s something for everyone, and we are underway with Pocket schemes dotted from the top of the borough to the bottom, between them delivering 127 affordable Pocket homes, most of them one bedroom.

 

Construction at Wynne Road SW9 is well underway, and having started last week on-site at Mountearl Gardens SW16 we are really excited about the innovative modular construction methods we’re using, working with Donban Contracting UK,  to reduce construction times and improve economies of scale – getting these homes delivered sooner.  Sail Street and Juxon Street are due to start construction January 2016, using this same innovative approach.  Here’s a round-up of all our upcoming Lambeth schemes:

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