Redrow has secured holding fees from first-time buyers for 106 new homes in Filton, Bristol, which have yet to secure planning permission.
Not a brick has been laid as of yet, but hundreds of eager buyers queued up to stake their claim on an “affordable” home for £50 deposit each.
A council decision on planning is expected in April. Redrow intends to build 75 one-bedroom and 31 two-bedroom homes on the site of a sports ground which was previously owned by he old boys’ network of Colston’s School.
Meanwhile, The Daily Telegraph, describes how chancellor Gordon Brown’s record on housing affordability has been “patchy”.
References: The Times 14/02/06 page 23, The Daily Telegraph 14/02/06 page 10
