Improve lives with us. Section 106 homes wanted



10/11/2022

To help us deliver our ambitious development targets we're looking for opportunities to acquire section 106 units in Oldham, Rochdale, Tameside, Kirklees and Calderdale from housebuilders to help us improve the lives of local people. 

Why work with us?

  • We are easy to work with. We have a clear strategy for appraising opportunities, and we make quick decisions aligned to our development programme.
     
  • We have a strong track record of working in partnership with private developers to bring forward affordable new homes under Section 106 agreements.
  • We have a £160m financing facility in place for investment and growth and have the highest governance and viability gradings (G1/V1) from the Regulator of Social Housing.
     
  • We are flexible with payment terms to suit all parties - be it 10% deposit on legal exchange and balance on plot handovers, or enhanced deposits including land plot transfers with staged milestone payments for completed works.
     
  • We can assist at feasibility stage to maximise the potential of sites and the type and number of affordable homes, benefitting both parties. This includes the potential to explore “additionality” and acquisition of plots outside of traditional S106 agreements.

See what our partners have to say...

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Our development strategy

Between now and 2026, we are delivering 700 new, high quality, energy efficient properties across a choice of tenures in Oldham, Rochdale, Tameside, Kirklees, and Calderdale to help meet housing need and improve the lives of local people.

Want to find out more? Get in touch

To discuss opportunities for us to work together, contact us.

Email our Development team at development@fcho.co.uk.