Local green housing scheme to lead the way for UK

Environmentally friendly housing in the UK could be inspired by a scheme in Peterborough, which will see hundreds of carbon-neutral homes built on the city’s South Bank.

A consortium of developers will build 344 eco-friendly houses on a former factory site. More than a third of the homes will be priced for first-time buyers.

Simon Bishop, Eastern England projects director at regeneration agency English Partnerships, said: “The demand for homes and the impact of climate change are two of the biggest challenges facing the house building industry.

“The development will help address both issues and assist Peterborough in its ambition to become the nation’s environment capital by creating a truly sustainable new community which makes the most of its natural surroundings.”

The new homes will be powered by a combination of biofuel and solar panels, which means they will require no energy from the National Grid. The scheme will also include shops, community areas and a café selling food grown in on-site gardens, allotments and orchards.

Phil Harker, director of technical operations at Opportunity Peterborough hailed the development as “fantastic news”, adding that the scheme could set the standard for environmentally friendly housing across the country.

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Best Development Lender - Regentsmead

Louise Fernley, editor of Bridging and Commercial, said: “Our 2010 awards aimed to celebrate the lenders who have not only survived, but thrived over the last year. One of our new awards, for Best Development Lender, deservedly went to Regentsmead after a number of glowing reports from brokers, property developers and other professionals that had worked with them.

“It was an obvious choice for our panel, with everybody agreeing that a firm with an appetite to lend and high-quality service levels is what is sorely needed in the market right now. On behalf of all of us at Bridging & Commercial we’d like to say congratulations to all of the Regentsmead team – and fingers crossed for 2011!”

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