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Mansfield Homes

Developing new housing across the district to sell on the open market.

Mansfield Homes LTD is a development company that will develop new housing developments across the district of Mansfield to sell on the open market. Mansfield Homes is a private company limited by shares of which Mansfield District Council is the sole shareholder. 

The aim of the company

The aim of Mansfield Homes is to build new houses in the Mansfield district to meet the demands identified in the draft Local Plan. The plan recognises that 1,767 new houses are needed by 2033 in addition to the 5,733 dwellings that are already approved for planning and development.

The Limited Company will also allow the council to raise income through the sale of land to the company and receive a share of the profit. This will help the authority to protect services for the future benefit of the district.

Schemes have been drawn up for several sites and feasibility work is currently being carried out.

The company has started developing it's first site which will deliver 23 executive style homes. The other schemes could potentially deliver around 200 family homes (a range of 2, 3 and 4 bed properties).

The board of directors 

The council directors are the Executive Mayor, Kate Allsop (who is also the Chair of the Board) and Hayley Barsby, the council's Chief Executive and there are also two independent directors with financial and housing skills.

 

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