News2018-10-04T14:21:48+01:00

Pennant  News

Swansea-based, Pennant Homes, sponsors Women in Business Awards

Building upon the success of its latest development, new homes developer, Pennant Homes, is set to sponsor the upcoming Women in Business Awards. In conjunction with the developer’s The Hedgerows development in Pennard, Pennant will be sponsoring the Professional Woman of the Year Award. This is the latest all-female event for the developer to be involved in. It has previously been involved in events such as co-sponsoring the Women in Construction and the Built Environment Careers Showcase back in 2018. Kelly Thomas, Director of Development said: “We are thrilled to be sponsoring the Women in Business Awards. We are an all-female sales team here at Pennant Homes and we’re always looking for opportunities to help promote and recognise the contribution that women make to the business world." “As a local business we have been completely overwhelmed by the amount of interest we have received in our development so we’re really pleased to be able to give something back and take part in such a worthwhile, local event.” The Hedgerows is a mixed development of 70, two, three and four bedroom homes for sale and for rent. The development has proved to be hugely popular with local home buyers since Pennant opened its show home back in April with all of the new homes for outright sale now reserved. The development also consists of a number of homes for sale via the low cost home ownership scheme as well as homes available for rent via Coastal Housing Group. In addition to the Pennard site, Pennant is also developing four and five bedroom executive, detached homes for sale at the Colman Vale development in Pen y Fai, Bridgend. For further information on current Pennant developments, visit pennanthomes.co.uk or email enquiries@pennanthomes.co.uk

Bridgend housing development receives £2.5 million in funding from Principality

The commercial lending arm of Wales’ largest building society has provided £2.5 million towards a new housing development coming to Bridgend. Colman Vale, developed by Pennant Homes, the commercial subsidiary of Coastal Housing, will provide 20 new homes for the local area, including three homes at low cost home ownership. Situated in the village of Pen y Fai, the four and five bed properties are finished to a high standard, with prices for open market homes starting at £360,000. The development is expected to complete in early 2022. Principality Commercial provides development and investment lending for residential and commercial properties in England and Wales. The building society have previously supported Coastal Housing Group with £10m in lending towards the delivery of affordable housing. Jan Quarrington, Social Housing Manager at Principality Building Society said: ‘’We’re delighted that Pennant Homes, who share the ethos of helping people to prosper in their homes and communities, have accessed the lending for the Colman Vale development. We’d like to wish a warm welcome to the families moving into their new home in Pen y Fai and look forward to working with Pennant Homes on future projects, as they provide more homes for communities across south Wales.’’ Simon Jones, Executive Director of Finance at Coastal Housing Group said: “This is the first time that Pennant Homes has secured its own development funding to build new homes. It was important to us to work with a funder we know well through Coastal Housing Group. Everyone involved is very excited about this development and we want to build houses that buyers will be proud to call ‘home’. We were delighted to put in place the facility with Principality Commercial to help make this happen.’’ To find out more, visit www.pennanthomes.co.uk/colman-vale and www.principality.co.uk/commercial

Making it Happen! at Colman Vale

Please see below application form for further information. Terms and conditions apply. Download: Making it Happen! Application Form

Pennant Homes’ latest Show Home set for Summer opening

A brand new Show Home will soon be unveiled at the Colman Vale development in Pen y Fai. The 4-bedroom ‘Charles’ Show Home is due to be opened on Thursday 3rd June and will showcase the high quality and generous living accommodation on offer at one of Bridgend’s most sought after areas. With home working still proving to be essential for many, the homes for sale at Colman Vale provide flexible living with many of the housetypes benefitting from enough space to house a home office. However, for those who still have a regular commute, the development is also conveniently located to nearby transport links to Swansea, Cardiff and further afield. Contemporary living is at the forefront of the development, with each housetype offering open plan kitchen and dining areas allowing purchasers to make the most of the space available. When complete, the development will consist of twenty 2, 4 and 5-bedroom homes for sale. Prices for the 4-bedroom homes for sale start from £385,000. The Show Home at Colman Vale follows on from the recent Show Home opening at Pennant's ‘The Hedgerows’ development in Pennard. The site proved to be hugely popular with the majority of homes for sale now currently reserved. Viewings and appointments at Colman Vale are strictly via appointment only and must be in line with current Covid-19 restrictions. Members of the public are kindly asked to not attend the development without arranging a prior appointment. For further information on the homes for sale at Colman Vale, please contact a Pennant Sales Advisor on 07794 214525 or email enquiries@pennanthomes.co.uk

Show Home Opening at The Hedgerows, Pennard

The eagerly anticipated Show Home at The Hedgerows has recently opened. Although potential purchasers will need to act quick if they’re interested in purchasing one of the remaining homes for sale as 90% of the released homes have already been reserved. Haven't had the chance to make an appointment yet? Check out the video below of the beautiful 4 bedroom Show Home. Please note that the Show Home is a Caswell housetype. https://vimeo.com/536828740   If you would like any further information on our homes for sale at The Hedgerows, please contact a Pennant Sales Advisor on 07866 602807 or email enquiries@pennanthomes.co.uk. All viewings of the Show Home are strictly via appointment only and we kindly ask that members of the public do not arrive at The Hedgerows without an appointment. Prospective purchasers will also need to meet the Local Needs Policy which applies to the development, further details of which will be provided by a Sales Advisor.

Help to Buy – Wales scheme extended until 2022

Good news for Welsh homebuyers as the popular Help to Buy -Wales scheme has now been extended until March 2022, with the possibility of a further extension until March 2023.  The popular scheme, which was due to close to applicants on 31 March 2021, has seen over 10,000 new homes bought with the assistance of Help to Buy - Wales since it was first launched in 2014. The Welsg Government also announced that the third phase of the scheme will see soe changes introduced. From April 2021 there will be a reduction of the price cap from £300,000 to £250,000 as well as improved quality with all homes being broadband ready. The Welsh Government Minister for Housing and Local Government said: "Ensuring everyone in Wales has access to a good quality, safe and affordable home is this government’s ambition. I am pleased to announce our intention to extend Help to Buy Wales until March 2023, subject to the availability of funding beyond 2020-21 from the UK Government." "I have said I am committed to providing affordable housing and should funding not be provided by the UK Government, than Welsh Government will commit to funding phase three of Help to Buy Wales for at least a further twelve months, until March 2022." "I want to ensure support is available to all those who need it when making the most significant purchase of their lifetime and allow developers to plan for their future. We will continue to work with developers and all stakeholders over the coming months to ensure homes purchased using Help to Buy are not just of good quality but are broadband ready to allow home owners to have instant access to essential services." The scheme is currently available on new homes for sale up to value of £300,000 at our The Hedgerows development in Pennard. For further information on how the scheme could help you purchase your new home and for criteria and eligibility, please visit https://gov.wales/help-buy-wales

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