The two sites will comprise 40% affordable housing and will attempt to both ease affordability pressures and help meet local housing need.

Working in partnership with Thakeham Group, Sovereign is investing around £14.5m to regenerate the area and build new homes.

Baker Estates is due to build 17 brand new affordable homes over five years, which will be managed by Legal & General Affordable Homes.

Lovell says the proposed scheme with Abri will transform the area and generate much needed affordable housing for local people.

The Banstead Road development, off the Purley Cross, in Croydon, will provide a mix of one-, two-, and three-bedroom apartments.

The government had committed to delivering 20,000 affordable homes, including more than 6,000 Help to Buy homes, by the end the current parliamentary term.

Oldham Council had purchased the homes in order to boost the amount of affordable family accommodation available in the area.

Platform Housing Group has unveiled 21 new homes for affordable rent and shared ownership in the village of Ryton-on-Dunsmore in Rugby.

Great Places Housing Group has issued the final £70m retained portion of its existing £345m bond due in 2042.

Despite ongoing restrictions, Link Group says it has worked safely with construction partners to build affordable homes for people in Scotland.