Placefirst acquires homes from Miller
The BtR developer-operator has signed a forward funding deal with Miller for 98 houses in Eston, Middlesbrough, as it looks to deliver 1,000 a year.
Completion on the project on the Portside Village development is expected in 2027.
Located three miles from Middlesbrough town centre and one mile from Teesside Freeport, the development will provide rental housing in an area poised for economic growth.
Commenting on the deal, David Mawson, chief executive of Placefirst, said: “Our commitment to growth is equally a commitment to improving the standard of rental housing in the UK.
“Delivering more homes alone won’t meaningfully improve the rental experience without a focus on excellent design and construction standards.
“When selecting partners, we prioritise housebuilders who share our people-first approach to development through superior design and craftsmanship, which we can support with our in-house maintenance teams and dedicated resident services throughout the tenancy.”
Matt Bench, group managing director – partnerships, Miller Homes, said: “We look forward to providing high-quality, sustainable homes and investing in the neighbourhood to ensure that the community we help build, and the people living in it, can grow and prosper.”
