Metropolitan Thames Valley Housing (MTVH) has acquired a scheme in Wokingham for 256 homes.

Following completion of the acquisition by Vistry Homes of parcel 10 at the 1,500-home Finchwood Park scheme from Cala Homes, Vistry has now forward sold the site to MTVH.

Reserved matters planning permission has already been granted for the 256 homes, of which 35 per cent will be affordable housing, delivered in a variety of tenures.

Vistry will deliver the new homes for MTVH in a mix of one and two-bedroom apartments and two, three and four-bedroom houses. Construction is due to start within weeks.

The site is one of five at Finchwood Park Cala sold to Vistry in September 2024 which, in total, account for more than 600 of the homes there.

Trevor Wicks, managing director for Vistry Thames Valley, said: “We’re excited to extend Vistry’s strong relationship with MTVH through these 256 homes at Finchwood Park, which will make a significant improvement to the provision of affordable housing and the availability of green open spaces in the area.

“With detailed planning permission already granted, our team is looking forward to starting construction on these high-quality new homes imminently.”

Guy Burnett, executive director of development for MTVH, said: “MTVH is pleased to be involved in this partnership with the Vistry Group for the delivery of 256 homes at

Finchwood Park in Wokingham. This development is an exciting project which will deliver a variety of mixed housing, many of which will be affordable homes, and continues our long-standing relationship with Vistry.

“This is also a crucial step in helping to alleviate the housing pressures facing the local community in the South East. As the new homes are of a mix of sizes, these benefits will be felt by families and single people alike.

“Continuing these partnerships is crucial as we work to deliver the homes which ensure everyone has the chance to live in a safe, warm, and affordable home and to live well.”

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