New housing development in Leamington reaches ‘golden’ phase

09 October 2013

Waterloo and Deeleys residents on site at Regal Park

The first of our new affordable homes at Regal Park, Leamington Spa has reached the landmark ‘golden brick’ phase, triggering its legal transfer to Waterloo Housing Group.

Waterloo is working with Deeley Properties to develop 72 new homes on the site of the former Trinity Street Storage company, including 27 houses for shared ownership.

All the properties will be fitted with photovoltaic panels to provide 10% renewable energy.

As each plot reaches the ‘golden brick’ phase, which is two courses of bricks above the damp course, its legal ownership transfers from Deeley Properties to Waterloo.

Mike Thompson, contracts manager for Deeleys, said: “This is a key landmark for the development. We have been on-site since July and work has progressed very well. We aim to have the whole development completed before the end of 2014.”

Jenny Crowther, project manager at Waterloo, said: “This is one of a number of housing schemes we are developing as part of our W2 Partnership with Warwick District Council and with investment from the Homes and Communities Agency.

“Regal Park will offer much needed affordable and sustainable homes for local people.”

Pictured (left to right): Steve Turner (Deeleys), Jenny Crowther (Waterloo) and Mike Thompson (Deeleys).